NEPSE 2026-09-07: index 2,560.84 (+18.07 pts, +0.71%). RSI(14) 37.96, close below the 20-day SMA of 2,599.62; turnover Rs 3.83 billion. Read: neutral.
NEPSE Daily Closing Nepal — 2026-09-07
The NEPSE index rose 18.07 points (+0.71%) to finish at 2,560.84 against a previous close of 2,542.77. Intraday the index ranged from 2,542.30 to 2,566.31 after opening at 2,558.37.
Strength and Weakness
Strengths: index +0.71% on the day; breadth 196 up vs 79 down; 11 of 13 sub-indices higher. Weaknesses: close below the 20-day SMA (2,599.62); close below the 50-day SMA (2,634.01); MACD histogram -5.21.
Market Breadth
Market breadth: 196 advanced, 79 declined and 4 closed unchanged among the equities traded, an advance/decline ratio of 2.48. Put another way, 70.25% of the 279 equities with a recorded change closed up, out of 352 scrips traded in total. For comparison, 2026-09-03 finished with 145 up and 124 down.
Technical Snapshot
Technically, the close is below the 20-day SMA of 2,599.62 (-1.49%), below the 50-day SMA of 2,634.01 (-2.78%), below the 200-day SMA of 2,689.18. RSI(14) is 37.96, in the neutral zone. MACD(12,26,9) reads -32.72 against a signal line of -27.51, a negative histogram of -5.21 that is narrowing.
What to Watch
Checkpoints for the next session, drawn only from the levels above:
- A close above 2,656.54 (the 2026-08-13 swing high) would clear the nearest overhead level.
- A close below 2,546.69 (the 2026-07-14 swing low) would break the nearest support.
- The 20-day SMA at 2,599.62 is the short-term trend line to track.
- RSI(14) at 37.96 leaves 32.04 points room before the 70 overbought line.
- Follow-through in the leaders (PURE, GMFBS) is the tell for continuation.
Trend Direction
The close is below all three moving averages (20-day, 50-day and 200-day). Five sessions back the index was at +0.14%, so it is 2,557.31 since then and -4.02% over 21 sessions; the last five closes split 4 up, 1 down, with a 4-session winning streak now. Price, breadth, the 20-day average and MACD together score the close as neutral under the fixed rules used here. Nothing here is advice — it is what the closing data shows.