Neco Insurance Limited
NIL — Neco Insurance Limited technical analysis
Neco Insurance Limited (NIL) is a Non Life Insurance-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 517.10, down -2.40 (-0.46%) from the previous close of Rs. 519.50, ranging between Rs. 517.10 and Rs. 521.00 on the day on a traded volume of 6,326 shares.
Technical outlook
NIL's technical picture is currently Mildly Bearish. Below 20-day average (Rs. 520.07) — short-term weak. 20-day below 50-day — trend down. RSI 43 — neutral. MACD above signal — momentum up.
Key levels
The nearest resistance sits around rs. 600.40. support around rs. 506.82. Over the past year, NIL has traded between a 52-week low of Rs. 502.80 and a high of Rs. 685.00, placing the current price at about 8% of that range.
A recent candlestick signal detected on NIL: Bearish Marubozu — Strong full-body down candle with little wick — sellers in control.
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For information only — not financial advice.