NMB Bank Limited

NMB — NMB Bank Limited technical analysis

NMB Bank Limited (NMB) is a Commercial Banks-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 259.00, up +1.10 (+0.43%) from the previous close of Rs. 257.90, ranging between Rs. 256.00 and Rs. 262.00 on the day on a traded volume of 140,317 shares.

Technical outlook

NMB's technical picture is currently Neutral. Price (Rs. 257.90) is above its 20-day average (Rs. 241.98) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 71 — overbought, momentum may be stretched. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 259.00. support around rs. 234.13. Over the past year, NMB has traded between a 52-week low of Rs. 230.00 and a high of Rs. 272.00, placing the current price at about 69% of that range.

A recent candlestick signal detected on NMB: Inside Bar — Range contained within the previous candle — consolidation before a move.

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.