Sikles Hydropower Limited

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. 585.00, down -2.00 (-0.34%) from the previous close of Rs. 587.00, ranging between Rs. 572.10 and Rs. 589.00 on the day on a traded volume of 9,986 shares.

Technical outlook

SIKLES's technical picture is currently Bullish. Price (Rs. 587.00) is above its 20-day average (Rs. 567.75) — short-term uptrend. 20-day average is above the 50-day — medium-term trend is up. RSI is 64 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 618.83. support around rs. 571.27. Over the past year, SIKLES has traded between a 52-week low of Rs. 536.30 and a high of Rs. 804.00, placing the current price at about 18% of that range.

A recent candlestick signal detected on SIKLES: 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.