NEPSE 2026-09-07: index 2,560.84 (+18.07 pts, +0.71%). RSI(14) 37.96, close below the 20-day SMA of 2,599.62; turnover Rs 3.83 billion. Read: neutral.
NEPSE Market Today — 2026-09-07
NEPSE closed at 2,560.84, up 18.07 points (+0.71%) from the previous close of 2,542.77. Intraday the index ranged from 2,542.30 to 2,566.31 after opening at 2,558.37.
Breakout or Correction?
Using the previous 20 sessions (2,501.49 to 2,678.22) as the box, breakout means closing above it and correction means closing below it. Today's close of 2,560.84 is inside that range, so neither a breakout nor a breakdown was confirmed. The close is -13.76% from the 52-week high of 2,969.50 and +3.70% above the 52-week low of 2,469.37.
Range Context
The intraday span was 24.01 points (0.94% of the prior close), with the close sitting 77.22% up from the low of the range. The 20-session band is 2,501.49 to 2,657.44. The 52-week extremes are 2,469.37 (2025-10-26) and 2,969.50 (2026-03-25), so the close is -13.76% off the yearly high and +3.70% above the yearly low.
Support and Resistance
Support, defined as the closest swing low under the close, is 2,546.69 from 2026-07-14, 0.55% below. Overhead, the closest swing high is 2,656.54 from 2026-08-13, 3.74% above the close. Swing points are local extremes over a three-session window on each side; the 20-day band runs 2,501.49 to 2,657.44.
Technical Snapshot
Technically, the close is below the 20-day SMA of 2,599.62 (-1.49%), below the 50-day SMA of 2,634.01 (-2.78%), below the 200-day SMA of 2,689.18. RSI(14) is 37.96, in the neutral zone. MACD(12,26,9) reads -32.72 against a signal line of -27.51, a negative histogram of -5.21 that is narrowing.
Trend Direction
All three moving averages (20-day, 50-day, 200-day) sit above the close. Five sessions back the index was at +0.14%, so it is 2,557.31 since then and -4.02% over 21 sessions; the last five closes split 4 up, 1 down, with a 4-session winning streak now. Combining price, breadth, the 20-day average and MACD, the rule-based read is neutral. Nothing here is advice — it is what the closing data shows.