SPL

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. 652.00, down -11.00 (-1.66%) from the previous close of Rs. 663.00, ranging between Rs. 645.00 and Rs. 670.00 on the day on a traded volume of 2,378 shares.

Technical outlook

SPL's technical picture is currently Bearish. Price is below its 20-day average (Rs. 664.44) — 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. 716.65. support around rs. 642.70. Over the past year, SPL has traded between a 52-week low of Rs. 618.00 and a high of Rs. 1,000.00, placing the current price at about 9% of that range.

A recent candlestick signal detected on SPL: Shooting Star — Long upper wick after a rise — buyers rejected, possible reversal down.

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.