Shrijanshil Laghubitta Bittiya Sanstha Limited

SHLB — Shrijanshil Laghubitta Bittiya Sanstha Limited technical analysis

Shrijanshil Laghubitta Bittiya Sanstha Limited (SHLB) is a Microfinance-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 1,315.90, down -40.60 (-2.99%) from the previous close of Rs. 1,356.50, ranging between Rs. 1,315.90 and Rs. 1,320.00 on the day on a traded volume of 40 shares.

Technical outlook

SHLB's technical picture is currently Mildly Bullish. Price (Rs. 1,356.50) is above its 20-day average (Rs. 1,320.70) — short-term uptrend. 20-day average is below the 50-day — medium-term trend is down. RSI is 51 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 1,533.87. support around rs. 1,222.50. Over the past year, SHLB has traded between a 52-week low of Rs. 1,220.00 and a high of Rs. 1,961.00, placing the current price at about 13% of that range.

A recent candlestick signal detected on SHLB: 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.