NEPSE 2026-09-16: index 2,612.42 (-21.20 pts, -0.80%). RSI(14) 53.57, close above the 20-day SMA of 2,579.47; turnover Rs 5.39 billion. Read: neutral.
NEPSE Daily Closing Nepal — 2026-09-16
At the close NEPSE stood at 2,612.42, a move of -21.20 points (-0.80%) on the day from 2,633.62. It opened at 2,635.31 and traded between 2,604.04 (low) and 2,639.41 (high).
Strength and Weakness
Strengths: close above the 20-day SMA (2,579.47); MACD histogram +10.11. Weaknesses: index -0.80% on the day; breadth 43 up vs 224 down; close below the 50-day SMA (2,626.19); 0 of 13 sub-indices higher.
Market Breadth
Breadth read 43 advancers to 224 decliners (12 flat), an advance/decline ratio of 0.19. Put another way, 15.41% of the 279 equities with a recorded change closed up, out of 350 scrips traded in total.
Technical Snapshot
Technically, the close is above the 20-day SMA of 2,579.47 (+1.28%), below the 50-day SMA of 2,626.19 (-0.52%), below the 200-day SMA of 2,689.06. The 14-day RSI sits at 53.57, which is neutral territory. MACD(12,26,9) prints -14.01 versus a -24.12 signal line; the histogram is positive at +10.11 and widening session on session.
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 2,602.39 (the 2026-07-01 swing low) would break the nearest support.
- The 20-day SMA at 2,579.47 is the short-term trend line to track.
- RSI(14) at 53.57 leaves 16.43 points room before the 70 overbought line.
- Follow-through in the leaders (NABBC, HDHPC) is the tell for continuation.
Trend Direction
The close is above 1 of the three moving averages (20-day, 50-day and 200-day). Over five sessions the index is +2.63% (from 2,545.40) and over 21 sessions -1.46%; the last five closes were 3 up and 2 down. Combining price, breadth, the 20-day average and MACD, the rule-based read is neutral. Nothing here is advice — it is what the closing data shows.