Green Development Bank Ltd.

GRDBL — Green Development Bank Ltd. technical analysis

Green Development Bank Ltd. (GRDBL) is a Development Banks-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 996.00, down -6.00 (-0.60%) from the previous close of Rs. 1,002.00, ranging between Rs. 972.00 and Rs. 1,000.00 on the day on a traded volume of 6,627 shares.

Technical outlook

GRDBL's technical picture is currently Mildly Bullish. Price (Rs. 996.00) is above its 20-day average (Rs. 969.78) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 52 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 1,025.58. support around rs. 987.68. Over the past year, GRDBL has traded between a 52-week low of Rs. 911.00 and a high of Rs. 1,320.00, placing the current price at about 21% of that range.

A recent candlestick signal detected on GRDBL: 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.