Technical signals for 2026-04-16: 11 RSI Buy signals, 35 MACD Leaders, 3 bullish crosses. Top RSI pick: HHL (81.6). NEPSE at 2833.03. RSI, MACD and trend prediction inside.
NEPSE Technical Analysis — 2026-04-16
NEPSE closed at 2833.03, down -33.83 points (-1.18%) from the previous close of 2866.87. The index traded between 2822.68 (low) and 2869.51 (high), opening at 2868.87.
A data-driven technical analysis using RSI and MACD indicators for today's NEPSE session.
RSI Analysis — Top 10 Stocks by Score
| Symbol | Price | RSI(14) | Category | Decision | Score | Signal |
|---|---|---|---|---|---|---|
| HHL | 408.50 | 67.49 | Leader | Buy | 81.6 | RSI(14) at 67.5 is in optimal bullish zone (55-70). RSI holding above 60 indicates strong momentum. Decision: Buy. |
| NHPC | 318.90 | 61.60 | Leader | Buy | 81.1 | RSI(14) at 61.6 is in optimal bullish zone (55-70). RSI holding above 60 indicates strong momentum. Decision: Buy. |
| UNL | 47200.00 | 54.72 | Leader | Buy | 80.7 | RSI(14) at 54.7. Bullish divergence detected (price lower low, RSI higher low). RSI above 50 supports bullish bias. Decision: Buy. |
| FOWAD | 1186.90 | 64.70 | Strong | Buy | 79.8 | RSI(14) at 64.7 is in optimal bullish zone (55-70). RSI holding above 60 indicates strong momentum. Decision: Buy. |
| HPPL | 413.00 | 66.00 | Strong | Buy | 79.4 | RSI(14) at 66.0 is in optimal bullish zone (55-70). RSI holding above 60 indicates strong momentum. Decision: Buy. |
| JBBL | 380.00 | 57.57 | Strong | Buy | 78.6 | RSI(14) at 57.6 is in optimal bullish zone (55-70). RSI above 50 supports bullish bias. Decision: Buy. |
| AHL | 581.40 | 69.63 | Strong | Buy | 76.6 | RSI(14) at 69.6 is in optimal bullish zone (55-70). Bullish divergence detected (price lower low, RSI higher low). RSI holding above 60 indicates strong momentum. Decision: Buy. |
| NABIL | 531.00 | 55.80 | Strong | Buy | 75.6 | RSI(14) at 55.8 is in optimal bullish zone (55-70). Warning: Bearish divergence detected. RSI above 50 supports bullish bias. Decision: Buy. |
| KBL | 230.90 | 56.86 | Strong | Buy | 75.5 | RSI(14) at 56.9 is in optimal bullish zone (55-70). RSI above 50 supports bullish bias. Decision: Buy. |
| UMHL | 646.00 | 59.83 | Strong | Buy | 74.9 | RSI(14) at 59.8 is in optimal bullish zone (55-70). Warning: Bearish divergence detected. RSI above 50 supports bullish bias. Decision: Buy. |
RSI Signal Distribution
- Buy signals: 11 stocks
- Hold signals: 0 stocks
- RSI Leaders (score 80+): 3
- RSI Strong (65-80): 8
- Bullish divergence: 2 stocks
- Bearish divergence: 3 stocks
MACD Analysis — Top 10 Stocks
| Symbol | Price | MACD Line | Histogram | Status | Decision | Momentum |
|---|---|---|---|---|---|---|
| CHL | 311.00 | 0.99 | 0.62 | Leader | Buy | Expanding |
| HHL | 408.50 | 9.04 | 5.19 | Leader | Buy | Expanding |
| UMHL | 646.00 | 3.03 | 3.80 | Leader | Buy | Expanding |
| AHL | 581.40 | 5.83 | 10.03 | Leader | Buy | Expanding |
| FOWAD | 1186.90 | 19.79 | 5.75 | Leader | Buy | Expanding |
| HPPL | 413.00 | 9.61 | 0.91 | Leader | Hold | Expanding |
| GCIL | 444.00 | 1.29 | 0.14 | Leader | Hold | Expanding |
| HYDROPOWER | 4067.28 | 87.93 | 12.38 | Leader | Hold | Expanding |
| SHL | 512.50 | 0.98 | 1.45 | Leader | Hold | Expanding |
| H8020 | 11.90 | 0.06 | 0.02 | Leader | Hold | Expanding |
MACD Signal Summary
- Bullish crosses: 3
- Bearish crosses: 0
- Above zero line: 11/11
- Expanding momentum: 10
- Volume confirmed: 6
Trend Prediction
Majority of stocks have MACD above zero — broad bullish trend intact. 11 RSI Buy signals suggest potential upside.
Top Technical Picks
- HHL: RSI 67.5 (Leader/Buy) — Score 81.6
- NHPC: RSI 61.6 (Leader/Buy) — Score 81.1
- UNL: RSI 54.7 (Leader/Buy) — Score 80.7
- FOWAD: RSI 64.7 (Strong/Buy) — Score 79.8
- HPPL: RSI 66.0 (Strong/Buy) — Score 79.4