ENL

ENL — Emerging Nepal Limited technical analysis

Emerging Nepal Limited (ENL) is a Investment-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 799.90, up +8.90 (+1.13%) from the previous close of Rs. 791.00, ranging between Rs. 785.10 and Rs. 800.00 on the day on a traded volume of 160 shares.

Technical outlook

ENL's technical picture is currently Bearish. Price is below its 20-day average (Rs. 813.81) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 43 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 869.44. support around rs. 799.07. Over the past year, ENL has traded between a 52-week low of Rs. 762.00 and a high of Rs. 1,091.50, placing the current price at about 12% of that range.

A recent candlestick signal detected on ENL: Bearish Engulfing — Down candle fully engulfs the prior up candle — momentum shifting down.

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.