Ridge Line Energy Limited · NEPSE

RLEL Technical Analysis

As of the Oct 16, 2026 close, Ridge Line Energy Limited (RLEL) is flashing a neutral / mixed technical picture — 3 of 7 indicators are bullish, 4 bearish and 0 neutral. RSI is 28.36 (oversold).

Overall technical signal
Neutral
from 7 momentum & trend indicators
3
Buy
0
Neutral
4
Sell
3 bullish0 neutral4 bearish

Daily bars to the Oct 16, 2026 close · Source: Nepal Stock Exchange (NEPSE), via Hamroshare

Price Chart

↗Advanced Chart

Momentum & trend indicators

Daily bars to the Oct 16, 2026 close · Source: Nepal Stock Exchange (NEPSE), via Hamroshare

IndicatorValueSignal
RSI (14)28.36Strong Buy
Stochastic %K (14,3)13.02Strong Buy
MACD (12,26,9)-43.48 (bearish)Sell
Bollinger %B (20,2)0.12Buy
SMA 20709.25 · price belowSell
SMA 50792.54 · price belowSell
SMA 100845.09 · price belowSell
SMA 200——
EMA 5646.46 · price below—
EMA 20702.18 · price below—
EMA 180——

Key price levels

Daily bars to the Oct 16, 2026 close · Source: Nepal Stock Exchange (NEPSE), via Hamroshare

Close, Oct 16, 2026
Rs 636.00
52W high
Rs 1,592.30
-60.06%
52W low
Rs 300.00
+112.00%
Pivot
Rs 649.00
Resistance (R1)
Rs 662.00
Support (S1)
Rs 623.00
Classic floor pivots from the Oct 16, 2026 session's high, low and close
S3S2S1PivotR1R2R3
584.00610.00623.00649.00662.00688.00701.00

RLEL price history, last 10 sessions

Daily bars to the Oct 16, 2026 close · Source: Nepal Stock Exchange (NEPSE), via Hamroshare

DateOpenHighLowCloseVolume
2026-10-16675.00675.00636.00636.006,078
2026-10-15658.00658.00630.00643.005,477
2026-10-14630.10642.00625.00642.006,772
2026-10-13620.00657.00620.00630.0010,769
2026-10-12668.10670.00617.00626.0027,041
2026-10-09720.00721.10666.00668.0031,161
2026-10-08722.00732.00720.10724.904,925
2026-10-07715.00729.00710.00722.003,514
2026-10-06718.00734.00718.00724.303,030
2026-10-05725.00730.00710.00718.009,410

Average daily volume over the last 30 sessions: 12,108 shares.

Download the last 250 sessions: CSV · JSON · plain-text summary

What the RLEL technicals are saying

As of the Oct 16, 2026 close, Ridge Line Energy Limited (RLEL) is flashing a neutral / mixed technical picture — 3 of 7 indicators are bullish, 4 bearish and 0 neutral. RSI is 28.36 (oversold).

These readings are computed from RLEL's daily NEPSE closing prices over 137 sessions and refresh every trading day. They describe momentum and trend only — not company fundamentals. Pair them with RLEL'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.

RLEL technical analysis — FAQ

Is RLEL a buy or sell based on technical analysis?

Across 7 momentum and trend indicators, Ridge Line Energy Limited (RLEL) currently shows an overall "Neutral" signal — 3 bullish, 4 bearish and 0 neutral. This is a technical read of price action, not investment advice.

What is RLEL's RSI right now?

As of the Oct 16, 2026 close, RLEL's 14-day RSI is 28.36, which is in oversold territory (below 30).

What are RLEL's support and resistance levels?

Based on classic pivot points from the Oct 16, 2026 session, RLEL has support at Rs 623.00 (S1), Rs 610.00 (S2) and Rs 584.00 (S3), and resistance at Rs 662.00 (R1), Rs 688.00 (R2) and Rs 701.00 (R3), with a central pivot at Rs 649.00.