CORBL

CORBL — Corporate Development Bank Limited technical analysis

Corporate Development Bank Limited (CORBL) is a Development Banks-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 1,065.00, up +40.00 (+3.90%) from the previous close of Rs. 1,025.00, ranging between Rs. 1,004.00 and Rs. 1,068.00 on the day on a traded volume of 28,501 shares.

Technical outlook

CORBL's technical picture is currently Bearish. Price is below its 20-day average (Rs. 1,351.64) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 30 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 1,604.54. Over the past year, CORBL has traded between a 52-week low of Rs. 965.00 and a high of Rs. 3,183.00, placing the current price at about 5% of that range.

A recent candlestick signal detected on CORBL: Bearish Marubozu — Strong full-body down candle with little wick — sellers 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.