SINDU

SINDU — Sindhu Bikash Bank Ltd technical analysis

Sindhu Bikash Bank Ltd (SINDU) is a Development Banks-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 691.00, down -9.00 (-1.29%) from the previous close of Rs. 700.00, ranging between Rs. 685.00 and Rs. 699.90 on the day on a traded volume of 9,207 shares.

Technical outlook

SINDU's technical picture is currently Bearish. Price is below its 20-day average (Rs. 703.83) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 43 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 702.22. support around rs. 666.75. Over the past year, SINDU has traded between a 52-week low of Rs. 608.00 and a high of Rs. 919.90, placing the current price at about 27% of that range.

A recent candlestick signal detected on SINDU: 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.