NLG Insurance Company Ltd.

NLG — NLG Insurance Company Ltd. technical analysis

NLG Insurance Company Ltd. (NLG) is a Non Life Insurance-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 526.00, down -4.00 (-0.75%) from the previous close of Rs. 530.00, ranging between Rs. 520.10 and Rs. 535.80 on the day on a traded volume of 7,222 shares.

Technical outlook

NLG's technical picture is currently Mildly Bullish. Price (Rs. 530.00) is above its 20-day average (Rs. 526.41) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 47 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 658.23. support around rs. 493.00. Over the past year, NLG has traded between a 52-week low of Rs. 477.10 and a high of Rs. 770.00, placing the current price at about 17% of that range.

A recent candlestick signal detected on NLG: Doji — Open and close nearly equal — indecision between buyers and sellers.

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.