NRIC

NRIC — Nepal Reinsurance Company Limited technical analysis

Nepal Reinsurance Company Limited (NRIC) is a Others-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 932.00, down -6.90 (-0.73%) from the previous close of Rs. 938.90, ranging between Rs. 920.00 and Rs. 939.00 on the day on a traded volume of 7,177 shares.

Technical outlook

NRIC's technical picture is currently Bearish. Price is below its 20-day average (Rs. 957.35) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 43 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 1,205.40. support around rs. 917.00. Over the past year, NRIC has traded between a 52-week low of Rs. 865.00 and a high of Rs. 1,842.00, placing the current price at about 7% of that range.

A recent candlestick signal detected on NRIC: Evening Star — Up candle, small indecision candle, then a strong down candle — bearish reversal.

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.