Sagarmatha Lumbini Insurance Co. Limited

SALICO — Sagarmatha Lumbini Insurance Co. Limited technical analysis

Sagarmatha Lumbini Insurance Co. Limited (SALICO) is a Non Life Insurance-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 544.00, down -1.00 (-0.18%) from the previous close of Rs. 545.00, ranging between Rs. 530.50 and Rs. 560.00 on the day on a traded volume of 4,097 shares.

Technical outlook

SALICO's technical picture is currently Mildly Bearish. Price is below its 20-day average (Rs. 547.69) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 45 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 618.39. support around rs. 538.80. Over the past year, SALICO has traded between a 52-week low of Rs. 512.00 and a high of Rs. 695.00, placing the current price at about 17% of that range.

A recent candlestick signal detected on SALICO: Shooting Star — Long upper wick after a rise — buyers rejected, possible reversal 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.