Life Insurance Corporation (Nepal) Limited

LICN — Life Insurance Corporation (Nepal) Limited technical analysis

Life Insurance Corporation (Nepal) Limited (LICN) is a Life Insurance-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 813.40, up +0.40 (+0.05%) from the previous close of Rs. 813.00, ranging between Rs. 790.00 and Rs. 824.90 on the day on a traded volume of 18,517 shares.

Technical outlook

LICN's technical picture is currently Neutral. Price (Rs. 813.00) is above its 20-day average (Rs. 767.20) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 74 — overbought, momentum may be stretched. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 836.19. support around rs. 804.01. Over the past year, LICN has traded between a 52-week low of Rs. 741.50 and a high of Rs. 969.00, placing the current price at about 32% of that range.

A recent candlestick signal detected on LICN: Doji — Open and close nearly equal — indecision between buyers and sellers.

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.