JBBL

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. 340.00, down -3.00 (-0.87%) from the previous close of Rs. 343.00, ranging between Rs. 338.00 and Rs. 350.00 on the day on a traded volume of 31,771 shares.

Technical outlook

JBBL's technical picture is currently Bearish. Price is below its 20-day average (Rs. 347.06) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 44 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 343.06. support around rs. 335.30. 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 45% of that range.

A recent candlestick signal detected on JBBL: 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.