NEPSE 2026-11-05: index 2,652.58 (-12.95 pts, -0.49%). RSI(14) 56.07, close above the 20-day SMA of 2,624.94; turnover Rs 4.72 billion. Read: neutral.
NEPSE Daily Closing Nepal — 2026-11-05
The NEPSE index fell 12.95 points (-0.49%) to finish at 2,652.58 against a previous close of 2,665.53. It opened at 2,665.95 and traded between 2,639.23 (low) and 2,671.17 (high).
Strength and Weakness
Strengths: close above the 20-day SMA (2,624.94); close above the 50-day SMA (2,606.42); MACD histogram +3.64. Weaknesses: index -0.49% on the day; breadth 56 up vs 211 down; 1 of 13 sub-indices higher.
Market Breadth
The advance-decline count came in at 56 up against 211 down, with 12 unchanged, for an A/D ratio of 0.27. Advancers were 20.07% of the 279 equities counted, on a day when 349 scrips changed hands overall. On 2026-11-04 the count was 97 advancers to 171 decliners.
Technical Snapshot
On the daily chart, the close is above the 20-day SMA of 2,624.94 (+1.05%), above the 50-day SMA of 2,606.42 (+1.77%), below the 200-day SMA of 2,691.73. RSI(14) is 56.07, in the neutral zone. The MACD(12,26,9) line is at 17.71 with the signal at 14.07, leaving a positive histogram of +3.64, and the gap is narrowing.
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 2,629.22 (the 2026-08-12 swing low) would break the nearest support.
- The 20-day SMA at 2,624.94 is the short-term trend line to track.
- RSI(14) at 56.07 leaves 13.93 points room before the 70 overbought line.
- Follow-through in the leaders (SNORL, AHL) is the tell for continuation.
Trend Direction
The close is above 2 of the three moving averages (20-day, 50-day and 200-day). Over five sessions the index is -1.60% (from 2,695.60) and over 21 sessions +2.07%; the last five closes were 2 up and 3 down. On the rule set (price, breadth, 20-day average, MACD) the read is neutral. That is a description of the current state, not a prediction.