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. 810.00, up +5.10 (+0.63%) from the previous close of Rs. 804.90, ranging between Rs. 795.00 and Rs. 829.00 on the day on a traded volume of 44,020 shares.
Technical outlook
SNORL's technical picture is currently Mildly Bearish. Below 20-day average (Rs. 832.96) — short-term weak. 20-day above 50-day — trend up. RSI 47 — neutral. MACD below signal — momentum down.
Key levels
The nearest resistance sits around rs. 919.34. support around rs. 762.51. 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 67% of that range.
A recent candlestick signal detected on SNORL: Bullish Marubozu — Strong full-body up candle with little wick — buyers in control.
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