Synergy Power Development Ltd.

SPDL — Synergy Power Development Ltd. technical analysis

Synergy Power Development Ltd. (SPDL) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 366.00, up +4.00 (+1.10%) from the previous close of Rs. 362.00, ranging between Rs. 361.80 and Rs. 380.10 on the day on a traded volume of 22,208 shares.

Technical outlook

SPDL's technical picture is currently Mildly Bullish. Price (Rs. 362.00) is above its 20-day average (Rs. 355.15) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 52 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 385.18. support around rs. 342.40. Over the past year, SPDL has traded between a 52-week low of Rs. 326.00 and a high of Rs. 474.00, placing the current price at about 27% of that range.

A recent candlestick signal detected on SPDL: Inverted Hammer — Long upper wick after a fall — possible bullish reversal attempt.

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.