SALICO

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. 589.00, up +3.00 (+0.51%) from the previous close of Rs. 586.00, ranging between Rs. 586.00 and Rs. 596.00 on the day on a traded volume of 4,215 shares.

Technical outlook

SALICO's technical picture is currently Bearish. Price is below its 20-day average (Rs. 599.27) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 44 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 614.71. support around rs. 584.49. Over the past year, SALICO has traded between a 52-week low of Rs. 570.00 and a high of Rs. 714.00, placing the current price at about 13% of that range.

A recent candlestick signal detected on SALICO: Inverted Hammer — Long upper wick after a fall — possible bullish reversal attempt.

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.