NEPSE 2026-11-04: index 2,665.53 (+1.40 pts, +0.05%). RSI(14) 60.30, close above the 20-day SMA of 2,622.27; turnover Rs 7.44 billion. Read: cautiously positive.
NEPSE Daily Closing Nepal — 2026-11-04
At the close NEPSE stood at 2,665.53, a move of +1.40 points (+0.05%) on the day from 2,664.13. It opened at 2,668.40 and traded between 2,660.64 (low) and 2,686.06 (high).
Strength and Weakness
Strengths: index +0.05% on the day; close above the 20-day SMA (2,622.27); close above the 50-day SMA (2,606.39); MACD histogram +5.72. Weaknesses: breadth 98 up vs 171 down; 4 of 13 sub-indices higher.
Market Breadth
The advance-decline count came in at 98 up against 171 down, with 9 unchanged, for an A/D ratio of 0.57. Advancers were 35.25% of the 278 equities counted, on a day when 358 scrips changed hands overall. For comparison, 2026-11-03 finished with 143 up and 121 down.
Technical Snapshot
From the daily closes, the close is above the 20-day SMA of 2,622.27 (+1.65%), above the 50-day SMA of 2,606.39 (+2.27%), below the 200-day SMA of 2,691.39. Momentum by RSI(14) reads 60.30, a neutral reading. MACD(12,26,9) prints 18.88 versus a 13.16 signal line; the histogram is positive at +5.72 and narrowing session on session.
What to Watch
Checkpoints for the next session, drawn only from the levels above:
- A close above 2,671.04 (the 2026-09-23 swing high) would clear the nearest overhead level.
- A close below 2,629.22 (the 2026-08-12 swing low) would break the nearest support.
- The 20-day SMA at 2,622.27 is the short-term trend line to track.
- RSI(14) at 60.30 leaves 9.70 points room before the 70 overbought line.
- Follow-through in the leaders (NRIC, HRL) is the tell for continuation.
Trend Direction
The close is above 2 of the three moving averages (20-day, 50-day and 200-day). The five-session change is 2,664.06 (from a close of +0.06%) and the 21-session change +2.37%, with 3 of the last five closes up and 2 down, with a 2-session winning streak now. Price, breadth, the 20-day average and MACD together score the close as cautiously positive under the fixed rules used here. It summarises the tape; it is not a forecast.