Siddhartha Bank Limited

SBL — Siddhartha Bank Limited technical analysis

Siddhartha Bank Limited (SBL) is a Commercial Banks-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 458.00, up +10.10 (+2.25%) from the previous close of Rs. 447.90, ranging between Rs. 447.50 and Rs. 459.80 on the day on a traded volume of 333,403 shares.

Technical outlook

SBL's technical picture is currently Mildly Bullish. Price (Rs. 447.90) is above its 20-day average (Rs. 418.90) — short-term uptrend. 20-day average is above the 50-day — medium-term trend is up. RSI is 78 — overbought, momentum may be stretched. MACD is above its signal line — momentum is turning up.

Key levels

Support around rs. 405.69. Over the past year, SBL has traded between a 52-week low of Rs. 320.50 and a high of Rs. 452.90, placing the current price at about 104% of that range.

A recent candlestick signal detected on SBL: Morning Star — Down candle, small indecision candle, then a strong up candle — bullish reversal.

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.