Shine Resunga Development Bank Ltd.

SHINE NEPSE Development Banks

Rs. 408.30

-3.50 (-0.85%)

End-of-day data

OpenRs. 411.80

HighRs. 413.00

LowRs. 408.00

Prev CloseRs. 411.80

Volume25,266

TurnoverRs. 10,357,927.40

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. 408.30, down -3.50 (-0.85%) from the previous close of Rs. 411.80, ranging between Rs. 408.00 and Rs. 413.00 on the day on a traded volume of 25,266 shares.

Technical outlook

SHINE's technical picture is currently Mildly Bullish. Above 20-day average (Rs. 408.24) — short-term up. 20-day above 50-day — trend up. RSI 52 — neutral. MACD below signal — momentum down.

Key levels

The nearest resistance sits around rs. 415.51. support around rs. 390.02. Over the past year, SHINE has traded between a 52-week low of Rs. 390.10 and a high of Rs. 449.70, placing the current price at about 31% of that range.

A recent candlestick signal detected on SHINE: Bearish Engulfing — Down candle fully engulfs the prior up candle — momentum shifting down.

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For information only — not financial advice.