MLBS

MLBS — Manushi Laghubitta Bittiya Sanstha Limited technical analysis

Manushi Laghubitta Bittiya Sanstha Limited (MLBS) is a Microfinance-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 1,152.50, up +33.50 (+2.99%) from the previous close of Rs. 1,119.00, ranging between Rs. 1,119.00 and Rs. 1,152.50 on the day on a traded volume of 158 shares.

Technical outlook

MLBS's technical picture is currently Bearish. Price is below its 20-day average (Rs. 1,163.08) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 46 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 1,407.28. support around rs. 1,120.00. Over the past year, MLBS has traded between a 52-week low of Rs. 1,113.00 and a high of Rs. 1,796.90, placing the current price at about 6% of that range.

A recent candlestick signal detected on MLBS: 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.