MDB
NEPSE Development BanksMDB — Miteri Development Bank Limited technical analysis
Miteri Development Bank Limited (MDB) is a Development Banks-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 578.20, up +0.20 (+0.03%) from the previous close of Rs. 578.00, ranging between Rs. 576.20 and Rs. 583.70 on the day on a traded volume of 3,256 shares.
Technical outlook
MDB's technical picture is currently Bearish. Price is below its 20-day average (Rs. 587.47) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 43 — neutral momentum. MACD is below its signal line — momentum is turning down.
Key levels
The nearest resistance sits around rs. 599.51. support around rs. 575.71. Over the past year, MDB has traded between a 52-week low of Rs. 530.50 and a high of Rs. 705.80, placing the current price at about 27% of that range.
A recent candlestick signal detected on MDB: Inverted Hammer — Long upper wick after a fall — possible bullish reversal attempt.
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.
⚠️ Disclaimer: NepseIQ is for informational and educational purposes only — not financial advice. Chart data is end-of-day from NEPSE. Technical indicators and pattern detections are analytical observations, not guarantees. Verify before trading.