United Modi Hydropower Ltd.
UMHL — United Modi Hydropower Ltd. technical analysis
United Modi Hydropower Ltd. (UMHL) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 557.00, up +12.00 (+2.20%) from the previous close of Rs. 545.00, ranging between Rs. 530.00 and Rs. 580.00 on the day on a traded volume of 50,590 shares.
Technical outlook
UMHL's technical picture is currently Bearish. Below 20-day average (Rs. 558.17) — short-term weak. 20-day below 50-day — trend down. RSI 48 — neutral. MACD below signal — momentum down.
Key levels
The nearest resistance sits around rs. 565.72. support around rs. 549.72. Over the past year, UMHL has traded between a 52-week low of Rs. 515.50 and a high of Rs. 706.00, placing the current price at about 22% of that range.
A recent candlestick signal detected on UMHL: Bullish Engulfing — Up candle fully engulfs the prior down candle — momentum shifting up.
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For information only — not financial advice.