LVF2

LVF2 — Laxmi Value Fund 2 technical analysis

Laxmi Value Fund 2 (LVF2) is a Commercial Banks-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 9.06, down -0.24 (-2.58%) from the previous close of Rs. 9.30, ranging between Rs. 9.03 and Rs. 9.10 on the day on a traded volume of 5,300 shares.

Technical outlook

LVF2's technical picture is currently Bearish. Price is below its 20-day average (Rs. 9.70) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 38 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 9.34. support around rs. 9.05. Over the past year, LVF2 has traded between a 52-week low of Rs. 8.76 and a high of Rs. 10.90, placing the current price at about 14% of that range.

A recent candlestick signal detected on LVF2: Bearish Marubozu — Strong full-body down candle with little wick — sellers 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.