Nepal Micro Insurance Company Limited

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. 836.30, down -8.70 (-1.03%) from the previous close of Rs. 845.00, ranging between Rs. 835.00 and Rs. 851.10 on the day on a traded volume of 4,284 shares.

Technical outlook

NMIC's technical picture is currently Mildly Bullish. Price (Rs. 845.00) is above its 20-day average (Rs. 827.78) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 49 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 1,246.18. support around rs. 768.15. Over the past year, NMIC has traded between a 52-week low of Rs. 765.30 and a high of Rs. 1,525.00, placing the current price at about 9% of that range.

A recent candlestick signal detected on NMIC: Bearish Marubozu — Strong full-body down candle with little wick — sellers in control.

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.