Snow Rivers Limited

SNORL — Snow Rivers Limited technical analysis

Snow Rivers Limited (SNORL) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 970.00, down -87.00 (-8.23%) from the previous close of Rs. 1,057.00, ranging between Rs. 937.00 and Rs. 1,004.20 on the day on a traded volume of 46,885 shares.

Technical outlook

SNORL's technical picture is currently Mildly Bullish. Price (Rs. 1,057.00) is above its 20-day average (Rs. 895.79) — short-term uptrend. 20-day average is above the 50-day — medium-term trend is up. RSI is 77 — overbought, momentum may be stretched. MACD is above its signal line — momentum is turning up.

Key levels

Support around rs. 901.80. Over the past year, SNORL has traded between a 52-week low of Rs. 298.70 and a high of Rs. 1,057.00, placing the current price at about 89% of that range.

A recent candlestick signal detected on SNORL: Bullish Marubozu — Strong full-body up candle with little wick — buyers in control.

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.