Nepal Bank Limited

NBL — Nepal Bank Limited technical analysis

Nepal Bank Limited (NBL) is a Commercial Banks-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 297.00, up +0.50 (+0.17%) from the previous close of Rs. 296.50, ranging between Rs. 295.00 and Rs. 300.40 on the day on a traded volume of 352,689 shares.

Technical outlook

NBL's technical picture is currently Mildly Bullish. Price (Rs. 296.50) is above its 20-day average (Rs. 278.19) — short-term uptrend. 20-day average is above the 50-day — medium-term trend is up. RSI is 75 — overbought, momentum may be stretched. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 302.90. support around rs. 252.56. Over the past year, NBL has traded between a 52-week low of Rs. 225.40 and a high of Rs. 302.90, placing the current price at about 92% of that range.

A recent candlestick signal detected on NBL: Hammer — Long lower wick rejecting lower prices — potential bullish reversal.

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.