Lumbini Bikas Bank Ltd.

LBBL — Lumbini Bikas Bank Ltd. technical analysis

Lumbini Bikas Bank Ltd. (LBBL) is a Development Banks-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 490.80, down -2.30 (-0.47%) from the previous close of Rs. 493.10, ranging between Rs. 484.00 and Rs. 497.00 on the day on a traded volume of 59,865 shares.

Technical outlook

LBBL's technical picture is currently Mildly Bullish. Price (Rs. 493.10) is above its 20-day average (Rs. 479.06) — 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. 512.46. support around rs. 484.21. Over the past year, LBBL has traded between a 52-week low of Rs. 433.00 and a high of Rs. 555.00, placing the current price at about 47% of that range.

A recent candlestick signal detected on LBBL: Bullish Marubozu — Strong full-body up candle with little wick — buyers in control.

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.