NEPSE 2026-10-26: index 2,629.82 (-4.35 pts, -0.17%). RSI(14) 58.19, close above the 20-day SMA of 2,607.14; turnover Rs 4.00 billion. Read: neutral.
NEPSE Market Today — 2026-10-26
The NEPSE index fell 4.35 points (-0.17%) to finish at 2,629.82 against a previous close of 2,634.17. Intraday the index ranged from 2,620.69 to 2,637.65 after opening at 2,630.84.
Breakout or Correction?
The test is simple: the prior 20-session range was 2,557.30 to 2,671.04, so a close above it is a breakout and a close below it a breakdown. Today's close of 2,629.82 is inside that range, so neither a breakout nor a breakdown was confirmed. The close is -11.44% from the 52-week high of 2,969.50 and +6.50% above the 52-week low of 2,469.37.
Range Context
High to low the index covered 16.96 points, 0.64% of the previous close, and settled 53.83% of the way up that span. Zooming out, the past 20 sessions ran from 2,557.30 to 2,671.04, while the 52-week low and high are 2,469.37 (2025-10-26) and 2,969.50 (2026-03-25); the close stands -11.44% from that high and +6.50% above that low.
Support and Resistance
Below the market the first swing low is 2,629.22, printed on 2026-08-12 and 0.02% beneath the close. Resistance by the same definition is 2,656.54 (2026-08-13), which is 1.02% higher. Swing points are local extremes over a three-session window on each side; the 20-day band runs 2,557.30 to 2,671.04.
Technical Snapshot
On the daily chart, the close is above the 20-day SMA of 2,607.14 (+0.87%), above the 50-day SMA of 2,604.25 (+0.98%), below the 200-day SMA of 2,689.22. RSI(14) is 58.19, in the neutral zone. The MACD(12,26,9) line is at 4.96 with the signal at -0.56, leaving a positive histogram of +5.52, and the gap is widening.
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 2,595.81 (from +1.31%) and over 21 sessions +0.67%; the last five closes were 4 up and 1 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.