NEPSE 2026-10-30: index 2,690.15 (-5.45 pts, -0.20%). RSI(14) 69.67, close above the 20-day SMA of 2,613.70; turnover Rs 8.89 billion. Read: neutral.
NEPSE Daily Closing Nepal — 2026-10-30
NEPSE closed at 2,690.15, down 5.45 points (-0.20%) from the previous close of 2,695.60. It opened at 2,693.55 and traded between 2,681.58 (low) and 2,712.99 (high).
Strength and Weakness
Strengths: close above the 20-day SMA (2,613.70); close above the 50-day SMA (2,605.15); MACD histogram +10.79. Weaknesses: index -0.20% on the day; breadth 102 up vs 169 down; 5 of 13 sub-indices higher.
Market Breadth
Breadth read 102 advancers to 169 decliners (8 flat), an advance/decline ratio of 0.60. Advancers were 36.56% of the 279 equities counted, on a day when 348 scrips changed hands overall. On 2026-10-29 the count was 180 advancers to 91 decliners.
Technical Snapshot
Technically, the close is above the 20-day SMA of 2,613.70 (+2.92%), above the 50-day SMA of 2,605.15 (+3.26%), below the 200-day SMA of 2,690.41. RSI(14) is 69.67, in the neutral zone. MACD(12,26,9) reads 18.61 against a signal line of 7.82, a positive histogram of +10.79 that is widening.
What to Watch
Checkpoints for the next session, drawn only from the levels above:
- The close is at a 60-session high; the 52-week high of 2,969.50 is the next reference.
- A close below 2,629.22 (the 2026-08-12 swing low) would break the nearest support.
- The 20-day SMA at 2,613.70 is the short-term trend line to track.
- RSI(14) at 69.67 leaves 0.33 points room before the 70 overbought line.
- Follow-through in the leaders (BENH, SMFBS) is the tell for continuation.
Trend Direction
The close is above 2 of the three moving averages (20-day, 50-day and 200-day). Five sessions back the index was at +2.13%, so it is 2,634.17 since then and +2.75% over 21 sessions; the last five closes split 3 up, 2 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.