SADBL

SADBL — Shangrila Development Bank Ltd. technical analysis

Shangrila Development Bank Ltd. (SADBL) is a Development Banks-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 408.40, down -0.60 (-0.15%) from the previous close of Rs. 409.00, ranging between Rs. 408.40 and Rs. 411.00 on the day on a traded volume of 3,960 shares.

Technical outlook

SADBL's technical picture is currently Mildly Bearish. Price is below its 20-day average (Rs. 413.90) — short-term weakness. 20-day average is above the 50-day — medium-term trend is up. RSI is 44 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 422.78. support around rs. 406.44. Over the past year, SADBL has traded between a 52-week low of Rs. 376.00 and a high of Rs. 463.90, placing the current price at about 37% of that range.

A recent candlestick signal detected on SADBL: Bearish Marubozu — Strong full-body down candle with little wick — sellers in control.

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.