Muktinath Bikas Bank Ltd.

MNBBL — Muktinath Bikas Bank Ltd. technical analysis

Muktinath Bikas Bank Ltd. (MNBBL) is a Development Banks-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 339.90, up +3.90 (+1.16%) from the previous close of Rs. 336.00, ranging between Rs. 336.00 and Rs. 341.50 on the day on a traded volume of 41,594 shares.

Technical outlook

MNBBL's technical picture is currently Bearish. Price is below its 20-day average (Rs. 346.77) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 38 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 357.32. support around rs. 314.20. Over the past year, MNBBL has traded between a 52-week low of Rs. 314.20 and a high of Rs. 467.00, placing the current price at about 17% of that range.

A recent candlestick signal detected on MNBBL: 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.