NICL

NICL — Nepal Insurance Co. Ltd. technical analysis

Nepal Insurance Co. Ltd. (NICL) is a Non Life Insurance-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 499.00, down -1.00 (-0.20%) from the previous close of Rs. 500.00, ranging between Rs. 495.00 and Rs. 513.40 on the day on a traded volume of 10,404 shares.

Technical outlook

NICL's technical picture is currently Bearish. Price is below its 20-day average (Rs. 511.52) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 36 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 538.13. support around rs. 494.75. Over the past year, NICL has traded between a 52-week low of Rs. 475.00 and a high of Rs. 634.00, placing the current price at about 15% of that range.

A recent candlestick signal detected on NICL: Bearish Engulfing — Down candle fully engulfs the prior up candle — momentum shifting down.

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.