NEPSE Index

NEPSE Index — technical analysis

NEPSE Index (NEPSE) is a index on the Nepal Stock Exchange (NEPSE). In the latest trading session it stood at 2,654.28, up +7.06 (+0.27%) from the previous close of 2,647.22, ranging between 2,637.57 and 2,662.71 on the day.

Technical outlook

NEPSE's technical picture is currently Mildly Bullish. The index (2,654.28) is above its 20-day average (2,582.17) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 61 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around 2,661.77. support around 2,594.60. Over the past year, NEPSE has traded between a 52-week low of 2,469.37 and a high of 2,969.50, placing the current price at about 37% of that range.

A recent candlestick signal detected on NEPSE: Bullish Engulfing — Up candle fully engulfs the prior down candle — momentum shifting up.

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.