MBL

MBL — Machhapuchhre Bank Limited technical analysis

Machhapuchhre Bank Limited (MBL) is a Commercial Banks-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 255.00, up +2.00 (+0.79%) from the previous close of Rs. 253.00, ranging between Rs. 250.50 and Rs. 255.80 on the day on a traded volume of 87,239 shares.

Technical outlook

MBL's technical picture is currently Mildly Bearish. Price is below its 20-day average (Rs. 255.02) — short-term weakness. 20-day average is above the 50-day — medium-term trend is up. RSI is 52 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 255.94. support around rs. 239.45. Over the past year, MBL has traded between a 52-week low of Rs. 205.00 and a high of Rs. 284.00, placing the current price at about 63% of that range.

A recent candlestick signal detected on MBL: Inside Bar — Range contained within the previous candle — consolidation before a move.

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.