NEPSE 2026-10-08: index 2,574.65 (+2.31 pts, +0.09%). RSI(14) 43.74, close below the 20-day SMA of 2,596.80; turnover Rs 3.93 billion. Read: neutral.
NEPSE Daily Closing Nepal — 2026-10-08
NEPSE closed at 2,574.65, up 2.31 points (+0.09%) from the previous close of 2,572.34. Intraday the index ranged from 2,566.34 to 2,575.34 after opening at 2,574.03.
Strength and Weakness
Strengths: index +0.09% on the day; breadth 140 up vs 127 down; 7 of 13 sub-indices higher. Weaknesses: close below the 20-day SMA (2,596.80); close below the 50-day SMA (2,615.55); MACD histogram -3.04.
Market Breadth
Breadth read 140 advancers to 127 decliners (11 flat), an advance/decline ratio of 1.10. Put another way, 50.36% of the 278 equities with a recorded change closed up, out of 354 scrips traded in total. On 2026-10-07 the count was 100 advancers to 167 decliners.
Technical Snapshot
On the daily chart, the close is below the 20-day SMA of 2,596.80 (-0.85%), below the 50-day SMA of 2,615.55 (-1.56%), below the 200-day SMA of 2,689.34. RSI(14) is 43.74, in the neutral zone. MACD(12,26,9) prints -7.38 versus a -4.34 signal line; the histogram is negative at -3.04 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 2,524.55 (the 2026-09-11 swing low) would break the nearest support.
- The 20-day SMA at 2,596.80 is the short-term trend line to track.
- RSI(14) at 43.74 leaves 26.26 points room before the 70 overbought line.
- Follow-through in the leaders (KBSH, SNORL) is the tell for continuation.
Trend Direction
The close is below all three moving averages (20-day, 50-day and 200-day). Over five sessions the index is -0.94% (from 2,599.15) and over 21 sessions +1.25%; the last five closes were 2 up and 3 down. On the rule set (price, breadth, 20-day average, MACD) the read is neutral. Nothing here is advice — it is what the closing data shows.