FOWAD

FOWAD — Forward Microfinance Laghubitta Bittiya Sanstha Limited technical analysis

Forward Microfinance Laghubitta Bittiya Sanstha Limited (FOWAD) is a Microfinance-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 930.00, up +2.90 (+0.31%) from the previous close of Rs. 927.10, ranging between Rs. 925.20 and Rs. 950.00 on the day on a traded volume of 3,506 shares.

Technical outlook

FOWAD's technical picture is currently Bearish. Price is below its 20-day average (Rs. 968.55) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 36 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 1,036.61. Over the past year, FOWAD has traded between a 52-week low of Rs. 920.10 and a high of Rs. 1,364.00, placing the current price at about 2% of that range.

A recent candlestick signal detected on FOWAD: Inside Bar — Range contained within the previous candle — consolidation before a move.

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.