FMDBL

FMDBL — First Micro Finance Laghubitta Bittiya Sanstha Limited technical analysis

First Micro Finance Laghubitta Bittiya Sanstha Limited (FMDBL) is a Microfinance-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 781.00, up +23.00 (+3.03%) from the previous close of Rs. 758.00, ranging between Rs. 753.00 and Rs. 786.00 on the day on a traded volume of 49,122 shares.

Technical outlook

FMDBL's technical picture is currently Bullish. Price (Rs. 781.00) is above its 20-day average (Rs. 773.00) — short-term uptrend. 20-day average is above the 50-day — medium-term trend is up. RSI is 54 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 807.13. support around rs. 766.15. Over the past year, FMDBL has traded between a 52-week low of Rs. 730.00 and a high of Rs. 982.00, placing the current price at about 20% of that range.

A recent candlestick signal detected on FMDBL: Bullish Engulfing — Up candle fully engulfs the prior down candle — momentum shifting up.

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.