First Micro Finance Laghubitta Bittiya Sanstha Limited

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. 820.00, up +59.00 (+7.75%) from the previous close of Rs. 761.00, ranging between Rs. 746.00 and Rs. 834.00 on the day on a traded volume of 30,434 shares.

Technical outlook

FMDBL's technical picture is currently Mildly Bullish. Price (Rs. 820.00) is above its 20-day average (Rs. 741.41) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 68 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 856.64. support around rs. 762.37. Over the past year, FMDBL has traded between a 52-week low of Rs. 689.80 and a high of Rs. 982.00, placing the current price at about 45% of that range.

A recent candlestick signal detected on FMDBL: Bullish Marubozu — Strong full-body up candle with little wick — buyers 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.