NRM

NRM — Nepal Republic Media Limited technical analysis

Nepal Republic Media Limited (NRM) is a Others-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 305.10, down -5.40 (-1.74%) from the previous close of Rs. 310.50, ranging between Rs. 305.10 and Rs. 310.00 on the day on a traded volume of 4,650 shares.

Technical outlook

NRM's technical picture is currently Bearish. Price is below its 20-day average (Rs. 314.65) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 37 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 410.58. support around rs. 295.10. Over the past year, NRM has traded between a 52-week low of Rs. 295.10 and a high of Rs. 590.00, placing the current price at about 3% of that range.

A recent candlestick signal detected on NRM: 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.