Yambaling Hydropower Limited

YMHL — Yambaling Hydropower Limited technical analysis

Yambaling Hydropower Limited (YMHL) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 579.90, down -9.50 (-1.61%) from the previous close of Rs. 589.40, ranging between Rs. 570.00 and Rs. 598.00 on the day on a traded volume of 25,435 shares.

Technical outlook

YMHL's technical picture is currently Mildly Bullish. Price (Rs. 589.40) is above its 20-day average (Rs. 578.77) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 55 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 598.52. support around rs. 538.00. Over the past year, YMHL has traded between a 52-week low of Rs. 300.00 and a high of Rs. 797.60, placing the current price at about 56% of that range.

A recent candlestick signal detected on YMHL: Morning Star — Down candle, small indecision candle, then a strong up candle — bullish reversal.

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.