NRN

NRN — NRN Infrastructure and Development Limited technical analysis

NRN Infrastructure and Development Limited (NRN) is a Investment-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 1,371.00, down -16.00 (-1.15%) from the previous close of Rs. 1,387.00, ranging between Rs. 1,370.00 and Rs. 1,390.00 on the day on a traded volume of 51,374 shares.

Technical outlook

NRN's technical picture is currently Mildly Bearish. Price is below its 20-day average (Rs. 1,416.53) — short-term weakness. 20-day average is above the 50-day — medium-term trend is up. RSI is 41 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 1,426.61. support around rs. 1,343.21. Over the past year, NRN has traded between a 52-week low of Rs. 1,280.00 and a high of Rs. 2,366.00, placing the current price at about 8% of that range.

A recent candlestick signal detected on NRN: Bearish Engulfing — Down candle fully engulfs the prior up candle — momentum shifting down.

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.