NEPSE 2026-10-06: index 2,578.73 (+11.97 pts, +0.47%). RSI(14) 44.44, close below the 20-day SMA of 2,594.63; turnover Rs 3.14 billion. Read: neutral.
NEPSE Daily Closing Nepal — 2026-10-06
The NEPSE index rose 11.97 points (+0.47%) to finish at 2,578.73 against a previous close of 2,566.76. It opened at 2,559.20 and traded between 2,557.30 (low) and 2,581.58 (high).
Strength and Weakness
Strengths: index +0.47% on the day; breadth 169 up vs 95 down; 11 of 13 sub-indices higher. Weaknesses: close below the 20-day SMA (2,594.63); close below the 50-day SMA (2,621.40); MACD histogram -2.22.
Market Breadth
The advance-decline count came in at 169 up against 95 down, with 15 unchanged, for an A/D ratio of 1.78. Put another way, 60.57% of the 279 equities with a recorded change closed up, out of 359 scrips traded in total.
Technical Snapshot
Technically, the close is below the 20-day SMA of 2,594.63 (-0.61%), below the 50-day SMA of 2,621.40 (-1.63%), below the 200-day SMA of 2,690.08. RSI(14) is 44.44, in the neutral zone. The MACD(12,26,9) line is at -5.06 with the signal at -2.84, leaving a negative histogram of -2.22, and the gap is widening.
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 2,594.63 is the short-term trend line to track.
- RSI(14) at 44.44 leaves 25.56 points room before the 70 overbought line.
- Follow-through in the leaders (TVCL, SABBL) is the tell for continuation.
Trend Direction
All three moving averages (20-day, 50-day, 200-day) sit above the close. Five sessions back the index was at -0.96%, so it is 2,603.71 since then and +2.22% over 21 sessions; the last five closes split 2 up, 3 down. Combining price, breadth, the 20-day average and MACD, the rule-based read is neutral. That is a description of the current state, not a prediction.