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. 576.70, down -3.20 (-0.55%) from the previous close of Rs. 579.90, ranging between Rs. 555.00 and Rs. 576.70 on the day on a traded volume of 2,677 shares.
Technical outlook
SPL's technical picture is currently Mildly Bearish. Below 20-day average (Rs. 581.04) — short-term weak. 20-day below 50-day — trend down. RSI 45 — neutral. MACD above signal — momentum up.
Key levels
The nearest resistance sits around rs. 680.15. support around rs. 549.25. Over the past year, SPL has traded between a 52-week low of Rs. 543.50 and a high of Rs. 963.90, placing the current price at about 8% of that range.
A recent candlestick signal detected on SPL: Hammer — Long lower wick rejecting lower prices — potential bullish reversal.
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