NEPSE 2026-10-29: index 2,695.60 (+31.54 pts, +1.18%). RSI(14) 71.77, close above the 20-day SMA of 2,610.69; turnover Rs 8.57 billion. Read: positive.
NEPSE Market Today — 2026-10-29
At the close NEPSE stood at 2,695.60, a move of +31.54 points (+1.18%) on the day from 2,664.06. It opened at 2,660.23 and traded between 2,658.78 (low) and 2,695.63 (high).
Breakout or Correction?
A breakout here means a close beyond the prior 20-session range of 2,557.30 to 2,671.04; a correction means a close below it. Today's close of 2,695.60 is above that range, so the index printed a 20-day breakout. The close is -9.22% from the 52-week high of 2,969.50 and +7.76% above the 52-week low of 2,501.49.
Range Context
High to low the index covered 36.85 points, 1.38% of the previous close, and settled 99.92% of the way up that span. Over the last 20 sessions the index has spanned 2,557.30 to 2,695.63; the 52-week range is 2,501.49 (2026-09-01) to 2,969.50 (2026-03-25), leaving the close -9.22% from the 52-week high and +7.76% above the 52-week low.
Support and Resistance
The nearest swing low below the close is 2,629.22 (set on 2026-08-12), 2.46% under the close. No swing high sits above the close in the last 60 sessions, so the 52-week high of 2,969.50 (2026-03-25) is the next reference. Swing points are local extremes over a three-session window on each side; the 20-day band runs 2,557.30 to 2,695.63.
Technical Snapshot
Technically, the close is above the 20-day SMA of 2,610.69 (+3.25%), above the 50-day SMA of 2,604.35 (+3.50%), above the 200-day SMA of 2,690.09. The 14-day RSI sits at 71.77, which is overbought territory. MACD(12,26,9) prints 15.12 versus a 5.12 signal line; the histogram is positive at +9.99 and widening session on session.
Trend Direction
All three moving averages (20-day, 50-day, 200-day) sit below the close. Over five sessions the index is 2,625.93 (from +2.65%) and over 21 sessions +1.56%; the last five closes were 4 up and 1 down, with a 3-session winning streak now. Price, breadth, the 20-day average and MACD together score the close as positive under the fixed rules used here. That is a description of the current state, not a prediction.