EDBL

EDBL — Excel Development Bank Ltd. technical analysis

Excel Development Bank Ltd. (EDBL) is a Development Banks-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 584.00, down -3.90 (-0.66%) from the previous close of Rs. 587.90, ranging between Rs. 575.00 and Rs. 586.00 on the day on a traded volume of 1,460 shares.

Technical outlook

EDBL's technical picture is currently Bullish. Price (Rs. 584.00) is above its 20-day average (Rs. 577.56) — short-term uptrend. 20-day average is above the 50-day — medium-term trend is up. RSI is 56 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 587.20. support around rs. 572.88. Over the past year, EDBL has traded between a 52-week low of Rs. 545.00 and a high of Rs. 683.40, placing the current price at about 28% of that range.

A recent candlestick signal detected on EDBL: Doji — Open and close nearly equal — indecision between buyers and sellers.

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.