SGIC

SGIC — Sanima GIC Insurance Limited technical analysis

Sanima GIC Insurance Limited (SGIC) is a Non Life Insurance-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 452.00, down -4.30 (-0.94%) from the previous close of Rs. 456.30, ranging between Rs. 452.00 and Rs. 458.00 on the day on a traded volume of 10,822 shares.

Technical outlook

SGIC's technical picture is currently Bearish. Price is below its 20-day average (Rs. 466.87) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 38 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 470.32. support around rs. 448.86. Over the past year, SGIC has traded between a 52-week low of Rs. 437.00 and a high of Rs. 588.00, placing the current price at about 10% of that range.

A recent candlestick signal detected on SGIC: Evening Star — Up candle, small indecision candle, then a strong down candle — bearish 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.