MEHL Technical Analysis
As of the Oct 16, 2026 close, Manakamana Engineering Hydropower Limited (MEHL) is flashing a neutral / mixed technical picture — 1 of 8 indicators are bullish, 4 bearish and 3 neutral. RSI is 46.94 (neutral), and price is below its 200-day moving average.
Daily bars to the Oct 16, 2026 close · Source: Nepal Stock Exchange (NEPSE), via Hamroshare
Price Chart
Momentum & trend indicators
Daily bars to the Oct 16, 2026 close · Source: Nepal Stock Exchange (NEPSE), via Hamroshare
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 46.94 | Neutral |
| Stochastic %K (14,3) | 46.40 | Neutral |
| MACD (12,26,9) | -2.57 (bullish) | Buy |
| Bollinger %B (20,2) | 0.33 | Neutral |
| SMA 20 | 252.77 · price below | Sell |
| SMA 50 | 256.65 · price below | Sell |
| SMA 100 | 298.98 · price below | Sell |
| SMA 200 | 367.07 · price below | Sell |
| EMA 5 | 247.93 · price above | — |
| EMA 20 | 250.27 · price below | — |
| EMA 180 | 334.01 · price below | — |
Key price levels
Daily bars to the Oct 16, 2026 close · Source: Nepal Stock Exchange (NEPSE), via Hamroshare
| S3 | S2 | S1 | Pivot | R1 | R2 | R3 |
|---|---|---|---|---|---|---|
| 239.43 | 241.77 | 245.33 | 247.67 | 251.23 | 253.57 | 257.13 |
MEHL price history, last 10 sessions
Daily bars to the Oct 16, 2026 close · Source: Nepal Stock Exchange (NEPSE), via Hamroshare
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 2026-10-16 | 245.00 | 250.00 | 244.10 | 248.90 | 24,036 |
| 2026-10-15 | 243.00 | 247.80 | 242.50 | 247.80 | 18,234 |
| 2026-10-14 | 248.00 | 249.70 | 241.00 | 243.00 | 26,749 |
| 2026-10-13 | 238.00 | 251.00 | 238.00 | 247.50 | 46,494 |
| 2026-10-12 | 250.00 | 254.90 | 248.30 | 250.00 | 19,584 |
| 2026-10-09 | 246.80 | 258.00 | 245.00 | 253.00 | 55,599 |
| 2026-10-08 | 236.00 | 250.00 | 236.00 | 246.80 | 37,096 |
| 2026-10-07 | 246.00 | 250.00 | 246.00 | 248.00 | 18,041 |
| 2026-10-06 | 250.00 | 252.90 | 246.00 | 246.00 | 37,702 |
| 2026-10-05 | 255.00 | 258.00 | 248.00 | 250.00 | 29,770 |
Average daily volume over the last 30 sessions: 58,559 shares.
Download the last 250 sessions: CSV · JSON · plain-text summary
What the MEHL technicals are saying
As of the Oct 16, 2026 close, Manakamana Engineering Hydropower Limited (MEHL) is flashing a neutral / mixed technical picture — 1 of 8 indicators are bullish, 4 bearish and 3 neutral. RSI is 46.94 (neutral), and price is below its 200-day moving average.
These readings are computed from MEHL's daily NEPSE closing prices over 698 sessions and refresh every trading day. They describe momentum and trend only — not company fundamentals. Pair them with MEHL's fundamentals, dividend history and financial report, and open the interactive technical charts for RSI, MACD, Bollinger Bands and pivot overlays. Technical signals are not investment advice.
MEHL technical analysis — FAQ
Is MEHL a buy or sell based on technical analysis?
Across 8 momentum and trend indicators, Manakamana Engineering Hydropower Limited (MEHL) currently shows an overall "Neutral" signal — 1 bullish, 4 bearish and 3 neutral. This is a technical read of price action, not investment advice.
What is MEHL's RSI right now?
As of the Oct 16, 2026 close, MEHL's 14-day RSI is 46.94, which is in the neutral 30–70 zone.
Is MEHL above its 200-day moving average?
As of the Oct 16, 2026 close, MEHL is trading below its 200-day simple moving average of Rs 367.07 — a longer-term downtrend signal.
What are MEHL's support and resistance levels?
Based on classic pivot points from the Oct 16, 2026 session, MEHL has support at Rs 245.33 (S1), Rs 241.77 (S2) and Rs 239.43 (S3), and resistance at Rs 251.23 (R1), Rs 253.57 (R2) and Rs 257.13 (R3), with a central pivot at Rs 247.67.
What are MEHL's EMA 5, EMA 20 and EMA 180?
As of the Oct 16, 2026 close, MEHL's exponential moving averages are Rs 247.93 (EMA 5), 250.27 (EMA 20), 334.01 (EMA 180). The close of Rs 248.90 is above the EMA 5, below the EMA 20, below the EMA 180.