Mero Microfinance Bittiya Sanstha Ltd.

Mero Microfinance Bittiya Sanstha Ltd. (MERO) is a Microfinance-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 631.90, up +2.00 (+0.32%) from the previous close of Rs. 629.90, ranging between Rs. 625.00 and Rs. 640.00 on the day on a traded volume of 7,908 shares.

Technical outlook

MERO's technical picture is currently Mildly Bullish. Above 20-day average (Rs. 597.33) — short-term up. 20-day below 50-day — trend down. RSI 61 — neutral. MACD above signal — momentum up.

Key levels

The nearest resistance sits around rs. 699.64. support around rs. 589.27. Over the past year, MERO has traded between a 52-week low of Rs. 571.10 and a high of Rs. 860.00, placing the current price at about 21% of that range.

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

Automated read, not advice. Guides: RSI guide, candlestick guide and beginner's investing guide.