Nepal Investment Mega Bank Limited

NIMB — Nepal Investment Mega Bank Limited technical analysis

Nepal Investment Mega Bank Limited (NIMB) is a Commercial Banks-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 197.00, up +1.20 (+0.61%) from the previous close of Rs. 195.80, ranging between Rs. 195.20 and Rs. 205.50 on the day on a traded volume of 232,106 shares.

Technical outlook

NIMB's technical picture is currently Mildly Bullish. Price (Rs. 195.80) is above its 20-day average (Rs. 186.35) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 65 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 204.88. support around rs. 188.77. Over the past year, NIMB has traded between a 52-week low of Rs. 181.00 and a high of Rs. 232.50, placing the current price at about 31% of that range.

A recent candlestick signal detected on NIMB: 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.