SIPD

SIPD — Shikhar power Development Limited technical analysis

Shikhar power Development Limited (SIPD) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 680.00, down -10.00 (-1.45%) from the previous close of Rs. 690.00, ranging between Rs. 660.00 and Rs. 690.00 on the day on a traded volume of 15,418 shares.

Technical outlook

SIPD's technical picture is currently Mildly Bullish. Price (Rs. 680.00) is above its 20-day average (Rs. 662.92) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 51 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 749.35. support around rs. 550.10. Over the past year, SIPD has traded between a 52-week low of Rs. 284.30 and a high of Rs. 1,216.80, placing the current price at about 42% of that range.

A recent candlestick signal detected on SIPD: Hammer — Long lower wick rejecting lower prices — potential 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.