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. 564.50, down -0.50 (-0.09%) from the previous close of Rs. 565.00, ranging between Rs. 559.00 and Rs. 570.00 on the day on a traded volume of 50,946 shares.

Technical outlook

UMHL's technical picture is currently Mildly Bullish. Price (Rs. 565.00) is above its 20-day average (Rs. 562.10) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 50 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 566.89. support around rs. 548.33. Over the past year, UMHL has traded between a 52-week low of Rs. 495.00 and a high of Rs. 706.00, placing the current price at about 33% of that range.

A recent candlestick signal detected on UMHL: Bullish Marubozu — Strong full-body up candle with little wick — buyers in control.

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.