SHPC

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. 498.50, down -1.40 (-0.28%) from the previous close of Rs. 499.90, ranging between Rs. 496.30 and Rs. 505.00 on the day on a traded volume of 12,536 shares.

Technical outlook

SHPC's technical picture is currently Mildly Bearish. Price is below its 20-day average (Rs. 504.40) — short-term weakness. 20-day average is above the 50-day — medium-term trend is up. RSI is 44 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 535.94. support around rs. 491.78. Over the past year, SHPC has traded between a 52-week low of Rs. 475.00 and a high of Rs. 599.80, placing the current price at about 19% of that range.

A recent candlestick signal detected on SHPC: Doji — Open and close nearly equal — indecision between buyers and sellers.

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.