NEPSE 2026-10-12: index 2,595.81 (+4.01 pts, +0.15%). RSI(14) 49.78, close below the 20-day SMA of 2,602.33; turnover Rs 4.47 billion. Read: cautious.
NEPSE Market Today — 2026-10-12
At the close NEPSE stood at 2,595.81, a move of +4.01 points (+0.15%) on the day from 2,591.80. It opened at 2,595.12 and traded between 2,584.03 (low) and 2,603.72 (high).
Breakout or Correction?
Using the previous 20 sessions (2,524.55 to 2,679.90) as the box, breakout means closing above it and correction means closing below it. Today's close of 2,595.81 is inside that range, so neither a breakout nor a breakdown was confirmed. The close is -12.58% from the 52-week high of 2,969.50 and +5.12% above the 52-week low of 2,469.37.
Range Context
High to low the index covered 19.69 points, 0.76% of the previous close, and settled 59.83% of the way up that span. Zooming out, the past 20 sessions ran from 2,524.55 to 2,679.90, while the 52-week low and high are 2,469.37 (2025-10-26) and 2,969.50 (2026-03-25); the close stands -12.58% from that high and +5.12% above that low.
Support and Resistance
The nearest swing low below the close is 2,557.30 (set on 2026-10-06), 1.48% under the close. Overhead, the closest swing high is 2,656.54 from 2026-08-13, 2.34% above the close. Swing points are local extremes over a three-session window on each side; the 20-day band runs 2,524.55 to 2,679.90.
Technical Snapshot
From the daily closes, the close is below the 20-day SMA of 2,602.33 (-0.25%), below the 50-day SMA of 2,610.59 (-0.57%), below the 200-day SMA of 2,688.90. The 14-day RSI sits at 49.78, which is neutral territory. MACD(12,26,9) prints -5.62 versus a -4.96 signal line; the histogram is negative at -0.66 and narrowing session on session.
Trend Direction
All three moving averages (20-day, 50-day, 200-day) sit above the close. Five sessions back the index was at 2,566.76, so it is +1.13% since then and +1.98% over 21 sessions; the last five closes split 4 up, 1 down, with a 3-session winning streak now. On the rule set (price, breadth, 20-day average, MACD) the read is cautious. It summarises the tape; it is not a forecast.