Shikhar Insurance Co. Ltd.

SICL — Shikhar Insurance Co. Ltd. technical analysis

Shikhar Insurance Co. Ltd. (SICL) is a Non Life Insurance-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 566.00, down -11.90 (-2.06%) from the previous close of Rs. 577.90, ranging between Rs. 557.00 and Rs. 580.50 on the day on a traded volume of 9,422 shares.

Technical outlook

SICL's technical picture is currently Mildly Bullish. Price (Rs. 577.90) is above its 20-day average (Rs. 566.17) — 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. 613.92. support around rs. 523.00. Over the past year, SICL has traded between a 52-week low of Rs. 508.00 and a high of Rs. 690.00, placing the current price at about 32% of that range.

A recent candlestick signal detected on SICL: 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.