Emerging Nepal Limited

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. 559.00, up +2.00 (+0.36%) from the previous close of Rs. 557.00, ranging between Rs. 547.00 and Rs. 584.80 on the day on a traded volume of 20,881 shares.

Technical outlook

ENL's technical picture is currently Mildly Bearish. Price is below its 20-day average (Rs. 697.76) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 27 — oversold, a bounce is possible. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 865.84. Over the past year, ENL has traded between a 52-week low of Rs. 541.00 and a high of Rs. 1,021.00, placing the current price at about 4% of that range.

A recent candlestick signal detected on ENL: 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.