Garima Bikas Bank Limited

GBBL — Garima Bikas Bank Limited technical analysis

Garima Bikas Bank Limited (GBBL) is a Development Banks-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 457.30, up +2.30 (+0.51%) from the previous close of Rs. 455.00, ranging between Rs. 456.50 and Rs. 459.90 on the day on a traded volume of 124,504 shares.

Technical outlook

GBBL's technical picture is currently Mildly Bullish. Price (Rs. 457.30) is above its 20-day average (Rs. 436.38) — short-term uptrend. 20-day average is above the 50-day — medium-term trend is up. RSI is 76 — overbought, momentum may be stretched. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 460.00. support around rs. 395.62. Over the past year, GBBL has traded between a 52-week low of Rs. 367.40 and a high of Rs. 460.00, placing the current price at about 97% of that range.

A recent candlestick signal detected on GBBL: Shooting Star — Long upper wick after a rise — buyers rejected, possible reversal 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.