Sagarmatha Jalabidhyut Company Limited

SMJC — Sagarmatha Jalabidhyut Company Limited technical analysis

Sagarmatha Jalabidhyut Company Limited (SMJC) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 420.90, down -4.10 (-0.96%) from the previous close of Rs. 425.00, ranging between Rs. 418.00 and Rs. 433.80 on the day on a traded volume of 18,190 shares.

Technical outlook

SMJC's technical picture is currently Mildly Bullish. Price (Rs. 425.00) is above its 20-day average (Rs. 416.90) — 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. 480.32. support around rs. 394.50. Over the past year, SMJC has traded between a 52-week low of Rs. 393.00 and a high of Rs. 580.00, placing the current price at about 15% of that range.

A recent candlestick signal detected on SMJC: Bearish Engulfing — Down candle fully engulfs the prior up candle — momentum shifting down.

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.