Shine Resunga Development Bank Ltd.

SHINE — Shine Resunga Development Bank Ltd. technical analysis

Shine Resunga Development Bank Ltd. (SHINE) is a Development Banks-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 431.90, up +1.90 (+0.44%) from the previous close of Rs. 430.00, ranging between Rs. 430.00 and Rs. 433.00 on the day on a traded volume of 67,153 shares.

Technical outlook

SHINE's technical picture is currently Bullish. Price (Rs. 430.00) is above its 20-day average (Rs. 415.76) — short-term uptrend. 20-day average is above the 50-day — medium-term trend is up. RSI is 68 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 430.80. support around rs. 396.61. Over the past year, SHINE has traded between a 52-week low of Rs. 384.00 and a high of Rs. 449.70, placing the current price at about 73% of that range.

A recent candlestick signal detected on SHINE: Inside Bar — Range contained within the previous candle — consolidation before a move.

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.