NMIC

NMIC — Nepal Micro Insurance Company Limited technical analysis

Nepal Micro Insurance Company Limited (NMIC) is a Non Life Insurance-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 910.00, down -3.00 (-0.33%) from the previous close of Rs. 913.00, ranging between Rs. 905.10 and Rs. 932.80 on the day on a traded volume of 1,872 shares.

Technical outlook

NMIC's technical picture is currently Bearish. Price is below its 20-day average (Rs. 931.61) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 38 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 1,246.18. support around rs. 860.00. Over the past year, NMIC has traded between a 52-week low of Rs. 860.00 and a high of Rs. 1,589.90, placing the current price at about 7% of that range.

A recent candlestick signal detected on NMIC: 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.