SICL

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. 609.10, down -7.80 (-1.26%) from the previous close of Rs. 616.90, ranging between Rs. 609.00 and Rs. 614.00 on the day on a traded volume of 10,149 shares.

Technical outlook

SICL's technical picture is currently Bearish. Price is below its 20-day average (Rs. 619.30) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 41 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 620.77. support around rs. 606.67. Over the past year, SICL has traded between a 52-week low of Rs. 588.80 and a high of Rs. 777.00, placing the current price at about 11% of that range.

A recent candlestick signal detected on SICL: Inverted Hammer — Long upper wick after a fall — possible bullish reversal attempt.

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.