Sanima Mai Hydropower Ltd.

SHPC — Sanima Mai Hydropower Ltd. technical analysis

Sanima Mai Hydropower Ltd. (SHPC) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 538.00, up +1.10 (+0.20%) from the previous close of Rs. 536.90, ranging between Rs. 526.00 and Rs. 563.70 on the day on a traded volume of 125,757 shares.

Technical outlook

SHPC's technical picture is currently Bullish. Price (Rs. 536.90) is above its 20-day average (Rs. 513.31) — short-term uptrend. 20-day average is above the 50-day — medium-term trend is up. RSI is 68 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 537.45. support around rs. 510.99. Over the past year, SHPC has traded between a 52-week low of Rs. 475.00 and a high of Rs. 588.00, placing the current price at about 56% of that range.

A recent candlestick signal detected on SHPC: Morning Star — Down candle, small indecision candle, then a strong up candle — bullish reversal.

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.