Sindhu Bikash Bank Ltd

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. 431.00, up +6.00 (+1.41%) from the previous close of Rs. 425.00, ranging between Rs. 403.80 and Rs. 435.90 on the day on a traded volume of 20,839 shares.

Technical outlook

SINDU's technical picture is currently Mildly Bearish. Price is below its 20-day average (Rs. 530.58) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 28 — oversold, a bounce is possible. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 683.30. support around rs. 329.80. Over the past year, SINDU has traded between a 52-week low of Rs. 329.80 and a high of Rs. 919.90, placing the current price at about 17% of that range.

A recent candlestick signal detected on SINDU: 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.