Super Madi Hydropower Limited
SMHL — Super Madi Hydropower Limited technical analysis
Super Madi Hydropower Limited (SMHL) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 489.10, down -6.90 (-1.39%) from the previous close of Rs. 496.00, ranging between Rs. 486.00 and Rs. 498.00 on the day on a traded volume of 47,894 shares.
Technical outlook
SMHL's technical picture is currently Mildly Bearish. Below 20-day average (Rs. 489.52) — short-term weak. 20-day above 50-day — trend up. RSI 52 — neutral. MACD below signal — momentum down.
Key levels
The nearest resistance sits around rs. 529.08. support around rs. 439.85. Over the past year, SMHL has traded between a 52-week low of Rs. 443.00 and a high of Rs. 848.00, placing the current price at about 11% of that range.
A recent candlestick signal detected on SMHL: Bearish Engulfing — Down candle fully engulfs the prior up candle — momentum shifting down.
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For information only — not financial advice.