Jyoti Bikas Bank Limited

JBBL — Jyoti Bikas Bank Limited technical analysis

Jyoti Bikas Bank Limited (JBBL) is a Development Banks-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 356.00, up +9.00 (+2.59%) from the previous close of Rs. 347.00, ranging between Rs. 350.00 and Rs. 364.30 on the day on a traded volume of 141,988 shares.

Technical outlook

JBBL's technical picture is currently Mildly Bullish. Price (Rs. 347.00) is above its 20-day average (Rs. 334.09) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 60 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 367.04. support around rs. 343.94. Over the past year, JBBL has traded between a 52-week low of Rs. 295.00 and a high of Rs. 395.00, placing the current price at about 61% of that range.

A recent candlestick signal detected on JBBL: 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.