Narayani Development Bank Limited

NABBC — Narayani Development Bank Limited technical analysis

Narayani Development Bank Limited (NABBC) is a Development Banks-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 749.00, down -56.00 (-6.96%) from the previous close of Rs. 805.00, ranging between Rs. 740.00 and Rs. 830.00 on the day on a traded volume of 38,083 shares.

Technical outlook

NABBC's technical picture is currently Mildly Bullish. Price (Rs. 805.00) is above its 20-day average (Rs. 746.96) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 64 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 845.02. support around rs. 763.93. Over the past year, NABBC has traded between a 52-week low of Rs. 662.00 and a high of Rs. 1,835.00, placing the current price at about 7% of that range.

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