Shuvam Power Limited

SPL — Shuvam Power Limited technical analysis

Shuvam Power Limited (SPL) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 618.30, up +6.10 (+1.00%) from the previous close of Rs. 612.20, ranging between Rs. 590.00 and Rs. 618.60 on the day on a traded volume of 4,011 shares.

Technical outlook

SPL's technical picture is currently Bearish. Price is below its 20-day average (Rs. 635.98) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 42 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 686.35. support around rs. 602.10. Over the past year, SPL has traded between a 52-week low of Rs. 585.10 and a high of Rs. 1,000.00, placing the current price at about 8% of that range.

A recent candlestick signal detected on SPL: Inside Bar — Range contained within the previous candle — consolidation before a move.

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.