Sanima GIC Insurance Limited

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. 397.00, down -1.80 (-0.45%) from the previous close of Rs. 398.80, ranging between Rs. 391.10 and Rs. 400.00 on the day on a traded volume of 7,813 shares.

Technical outlook

SGIC's technical picture is currently Mildly Bearish. Price is below its 20-day average (Rs. 402.46) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 41 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 457.27. support around rs. 371.20. Over the past year, SGIC has traded between a 52-week low of Rs. 370.30 and a high of Rs. 538.50, placing the current price at about 16% of that range.

A recent candlestick signal detected on SGIC: Hammer — Long lower wick rejecting lower prices — potential 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.