NEPSE 2026-10-12: index 2,595.81 (+4.01 pts, +0.15%). RSI(14) 49.78, close below the 20-day SMA of 2,602.33; turnover Rs 4.47 billion. Read: cautious.
NEPSE Daily Closing Nepal — 2026-10-12
At the close NEPSE stood at 2,595.81, a move of +4.01 points (+0.15%) on the day from 2,591.80. It opened at 2,595.12 and traded between 2,584.03 (low) and 2,603.72 (high).
Strength and Weakness
Strengths: index +0.15% on the day. Weaknesses: breadth 105 up vs 165 down; close below the 20-day SMA (2,602.33); close below the 50-day SMA (2,610.59); MACD histogram -0.66; 5 of 13 sub-indices higher.
Market Breadth
Market breadth: 105 advanced, 165 declined and 7 closed unchanged among the equities traded, an advance/decline ratio of 0.64. That is 37.91% of the 277 equities in the tally finishing higher; 354 scrips traded in all, including non-equity instruments. The previous session (2026-10-09) had 180 advancers against 89 decliners.
Technical Snapshot
Technically, the close is below the 20-day SMA of 2,602.33 (-0.25%), below the 50-day SMA of 2,610.59 (-0.57%), below the 200-day SMA of 2,688.90. The 14-day RSI sits at 49.78, which is neutral territory. MACD(12,26,9) prints -5.62 versus a -4.96 signal line; the histogram is negative at -0.66 and narrowing 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 2,557.30 (the 2026-10-06 swing low) would break the nearest support.
- The 20-day SMA at 2,602.33 is the short-term trend line to track.
- RSI(14) at 49.78 leaves 20.22 points room before the 70 overbought line.
- Follow-through in the leaders (DLBS, SNORL) 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 +1.13%, so it is 2,566.76 since then and +1.98% over 21 sessions; the last five closes split 4 up, 1 down, with a 3-session winning streak now. Combining price, breadth, the 20-day average and MACD, the rule-based read is cautious. It summarises the tape; it is not a forecast.