Saptakoshi Development Bank Ltd

SAPDBL — Saptakoshi Development Bank Ltd technical analysis

Saptakoshi Development Bank Ltd (SAPDBL) is a Development Banks-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 628.00, up +2.00 (+0.32%) from the previous close of Rs. 626.00, ranging between Rs. 620.00 and Rs. 641.90 on the day on a traded volume of 12,403 shares.

Technical outlook

SAPDBL's technical picture is currently Bearish. Price is below its 20-day average (Rs. 675.87) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 31 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 778.07. support around rs. 595.70. Over the past year, SAPDBL has traded between a 52-week low of Rs. 595.70 and a high of Rs. 1,065.70, placing the current price at about 7% of that range.

A recent candlestick signal detected on SAPDBL: 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.