Singati Hydro Energy Limited

SHEL — Singati Hydro Energy Limited technical analysis

Singati Hydro Energy Limited (SHEL) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 307.40, down -3.60 (-1.16%) from the previous close of Rs. 311.00, ranging between Rs. 307.00 and Rs. 313.00 on the day on a traded volume of 70,814 shares.

Technical outlook

SHEL's technical picture is currently Mildly Bullish. Price (Rs. 311.00) is above its 20-day average (Rs. 297.65) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 65 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 313.54. support around rs. 282.60. Over the past year, SHEL has traded between a 52-week low of Rs. 262.00 and a high of Rs. 361.00, placing the current price at about 46% of that range.

A recent candlestick signal detected on SHEL: Inside Bar — Range contained within the previous candle — consolidation before a move.

This is an automated technical read from end-of-day NEPSE data, refreshed each trading day — for information only, not investment advice. New to these terms? See our RSI guide, candlestick guide and beginner's investing guide.