SHINE

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. 407.20, down -1.00 (-0.24%) from the previous close of Rs. 408.20, ranging between Rs. 407.00 and Rs. 410.00 on the day on a traded volume of 7,440 shares.

Technical outlook

SHINE's technical picture is currently Mildly Bearish. Price is below its 20-day average (Rs. 411.01) — short-term weakness. 20-day average is above the 50-day — medium-term trend is up. RSI is 46 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 427.57. support around rs. 395.02. Over the past year, SHINE has traded between a 52-week low of Rs. 382.00 and a high of Rs. 449.70, placing the current price at about 37% of that range.

A recent candlestick signal detected on SHINE: Doji — Open and close nearly equal — indecision between buyers and sellers.

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.