NEPSE 2026-10-07: index 2,572.34 (-6.39 pts, -0.25%). RSI(14) 43.05, close below the 20-day SMA of 2,596.11; turnover Rs 3.75 billion. Read: negative.
NEPSE Daily Closing Nepal — 2026-10-07
NEPSE closed at 2,572.34, down 6.39 points (-0.25%) from the previous close of 2,578.73. Intraday the index ranged from 2,565.22 to 2,579.10 after opening at 2,578.16.
Strength and Weakness
Strengths: none by these measures. Weaknesses: index -0.25% on the day; breadth 100 up vs 167 down; close below the 20-day SMA (2,596.11); close below the 50-day SMA (2,618.59); MACD histogram -2.93; 1 of 13 sub-indices higher.
Market Breadth
The advance-decline count came in at 100 up against 167 down, with 12 unchanged, for an A/D ratio of 0.60. Put another way, 35.84% of the 279 equities with a recorded change closed up, out of 359 scrips traded in total. The previous session (2026-10-06) had 169 advancers against 95 decliners.
Technical Snapshot
Technically, the close is below the 20-day SMA of 2,596.11 (-0.92%), below the 50-day SMA of 2,618.59 (-1.77%), below the 200-day SMA of 2,689.69. RSI(14) is 43.05, in the neutral zone. MACD(12,26,9) prints -6.51 versus a -3.58 signal line; the histogram is negative at -2.93 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 2,546.69 (the 2026-07-14 swing low) would break the nearest support.
- The 20-day SMA at 2,596.11 is the short-term trend line to track.
- RSI(14) at 43.05 leaves 26.95 points room before the 70 overbought line.
- Follow-through in the leaders (GHL, IHL) is the tell for continuation.
Trend Direction
All three moving averages (20-day, 50-day, 200-day) sit above the close. The five-session change is -1.02% (from a close of 2,598.89) and the 21-session change +1.35%, with 2 of the last five closes up and 3 down. On the rule set (price, breadth, 20-day average, MACD) the read is negative. It summarises the tape; it is not a forecast.