Salapa Bikas Bank Limited
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. 795.00, down -7.00 (-0.87%) from the previous close of Rs. 802.00, ranging between Rs. 792.20 and Rs. 803.00 on the day on a traded volume of 7,738 shares.
Technical outlook
SABBL's technical picture is currently Mildly Bearish. Below 20-day average (Rs. 816.88) — short-term weak. 20-day below 50-day — trend down. RSI 36 — neutral. MACD above signal — momentum up.
Key levels
The nearest resistance sits around rs. 1,196.00. support around rs. 774.75. 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 29% of that range.
A recent candlestick signal detected on SABBL: Bearish Engulfing — Down candle fully engulfs the prior up candle — momentum shifting down.
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