NEPSE 2026-09-16: index 2,612.42 (-21.20 pts, -0.80%). RSI(14) 53.57, close above the 20-day SMA of 2,579.47; turnover Rs 5.39 billion. Read: neutral.
NEPSE Market Today — 2026-09-16
The NEPSE index fell 21.20 points (-0.80%) to finish at 2,612.42 against a previous close of 2,633.62. It opened at 2,635.31 and traded between 2,604.04 (low) and 2,639.41 (high).
Breakout or Correction?
A breakout here means a close beyond the prior 20-session range of 2,501.49 to 2,679.90; a correction means a close below it. Today's close of 2,612.42 is inside that range, so neither a breakout nor a breakdown was confirmed. The close is -12.02% from the 52-week high of 2,969.50 and +5.79% above the 52-week low of 2,469.37.
Range Context
The day's range was 35.37 points (1.34% of the previous close) and the index closed 23.69% of the way up that range. Over the last 20 sessions the index has spanned 2,501.49 to 2,679.90; the 52-week range is 2,469.37 (2025-10-26) to 2,969.50 (2026-03-25), leaving the close -12.02% from the 52-week high and +5.79% above the 52-week low.
Support and Resistance
Support, defined as the closest swing low under the close, is 2,602.39 from 2026-07-01, 0.38% below. Resistance by the same definition is 2,656.54 (2026-08-13), which is 1.69% higher. These levels are three-session pivots from the last 60 sessions; for context the 20-day range is 2,501.49 to 2,679.90.
Technical Snapshot
Technically, the close is above the 20-day SMA of 2,579.47 (+1.28%), below the 50-day SMA of 2,626.19 (-0.52%), below the 200-day SMA of 2,689.06. Momentum by RSI(14) reads 53.57, a neutral reading. MACD(12,26,9) reads -14.01 against a signal line of -24.12, a positive histogram of +10.11 that is widening.
Trend Direction
The close is above 1 of the three moving averages (20-day, 50-day and 200-day). Over five sessions the index is +2.63% (from 2,545.40) and over 21 sessions -1.46%; the last five closes were 3 up and 2 down. Price, breadth, the 20-day average and MACD together score the close as neutral under the fixed rules used here. It summarises the tape; it is not a forecast.