ADBL

ADBL — Agricultural Development Bank Limited technical analysis

Agricultural Development Bank Limited (ADBL) is a Commercial Banks-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 307.90, down -0.90 (-0.29%) from the previous close of Rs. 308.80, ranging between Rs. 304.00 and Rs. 309.00 on the day on a traded volume of 45,973 shares.

Technical outlook

ADBL's technical picture is currently Mildly Bearish. Price is below its 20-day average (Rs. 315.10) — short-term weakness. 20-day average is above the 50-day — medium-term trend is up. RSI is 40 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 321.62. support around rs. 301.17. Over the past year, ADBL has traded between a 52-week low of Rs. 285.20 and a high of Rs. 344.90, placing the current price at about 38% of that range.

A recent candlestick signal detected on ADBL: Hammer — Long lower wick rejecting lower prices — potential 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.