Mega Mutual Fund -1

MMF1 — Mega Mutual Fund -1 technical analysis

Mega Mutual Fund -1 (MMF1) is a Commercial Banks-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 8.93, up +0.15 (+1.71%) from the previous close of Rs. 8.78, ranging between Rs. 8.65 and Rs. 9.03 on the day on a traded volume of 19,700 shares.

Technical outlook

MMF1's technical picture is currently Mildly Bearish. Price is below its 20-day average (Rs. 8.91) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 44 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 8.85. support around rs. 8.39. Over the past year, MMF1 has traded between a 52-week low of Rs. 8.22 and a high of Rs. 10.16, placing the current price at about 37% of that range.

A recent candlestick signal detected on MMF1: 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.