NIC Asia Bank Ltd.

NICA — NIC Asia Bank Ltd. technical analysis

NIC Asia Bank Ltd. (NICA) is a Commercial Banks-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 326.30, down -2.10 (-0.64%) from the previous close of Rs. 328.40, ranging between Rs. 323.10 and Rs. 334.00 on the day on a traded volume of 61,214 shares.

Technical outlook

NICA's technical picture is currently Mildly Bullish. Price (Rs. 328.40) is above its 20-day average (Rs. 312.90) — 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 rs. 331.02. support around rs. 320.76. Over the past year, NICA has traded between a 52-week low of Rs. 302.90 and a high of Rs. 411.00, placing the current price at about 22% of that range.

A recent candlestick signal detected on NICA: 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.