Nepal Insurance Co. Ltd.

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. 465.70, down -1.20 (-0.26%) from the previous close of Rs. 466.90, ranging between Rs. 455.00 and Rs. 466.10 on the day on a traded volume of 34,480 shares.

Technical outlook

NICL's technical picture is currently Mildly Bullish. Price (Rs. 466.90) is above its 20-day average (Rs. 452.20) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 52 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 513.82. support around rs. 408.00. Over the past year, NICL has traded between a 52-week low of Rs. 408.00 and a high of Rs. 575.00, placing the current price at about 35% of that range.

A recent candlestick signal detected on NICL: 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.