NIC Asia Balanced Fund

NICBF — NIC Asia Balanced Fund technical analysis

NIC Asia Balanced Fund (NICBF) is a Mutual Fund-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 8.90, down -0.26 (-2.84%) from the previous close of Rs. 9.16, ranging between Rs. 8.90 and Rs. 9.00 on the day on a traded volume of 1,050 shares.

Technical outlook

NICBF's technical picture is currently Mildly Bullish. Price (Rs. 9.16) is above its 20-day average (Rs. 9.04) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 53 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 9.24. support around rs. 9.07. Over the past year, NICBF has traded between a 52-week low of Rs. 8.45 and a high of Rs. 11.20, placing the current price at about 16% of that range.

A recent candlestick signal detected on NICBF: 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.