SABBL

SABBL — Salapa Bikas Bank Limited technical analysis

Salapa Bikas Bank Limited (SABBL) is a Development Banks-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 979.00, down -6.00 (-0.61%) from the previous close of Rs. 985.00, ranging between Rs. 960.00 and Rs. 992.90 on the day on a traded volume of 24,385 shares.

Technical outlook

SABBL's technical picture is currently Bearish. Price is below its 20-day average (Rs. 994.62) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 45 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 1,196.25. support around rs. 942.40. Over the past year, SABBL has traded between a 52-week low of Rs. 300.00 and a high of Rs. 2,000.00, placing the current price at about 40% of that range.

A recent candlestick signal detected on SABBL: 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.