SIKLES

SIKLES — Sikles Hydropower Limited technical analysis

Sikles Hydropower Limited (SIKLES) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 559.00, down -1.00 (-0.18%) from the previous close of Rs. 560.00, ranging between Rs. 555.50 and Rs. 575.00 on the day on a traded volume of 5,586 shares.

Technical outlook

SIKLES's technical picture is currently Mildly Bearish. Price is below its 20-day average (Rs. 560.63) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 46 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 569.57. support around rs. 543.12. Over the past year, SIKLES has traded between a 52-week low of Rs. 540.00 and a high of Rs. 1,177.00, placing the current price at about 3% of that range.

A recent candlestick signal detected on SIKLES: Inverted Hammer — Long upper wick after a fall — possible bullish reversal attempt.

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.