NEPSE 2026-11-05: index 2,652.58 (-12.95 pts, -0.49%). RSI(14) 56.07, close above the 20-day SMA of 2,624.94; turnover Rs 4.72 billion. Read: neutral.
NEPSE Market Today — 2026-11-05
NEPSE closed at 2,652.58, down 12.95 points (-0.49%) from the previous close of 2,665.53. It opened at 2,665.95 and traded between 2,639.23 (low) and 2,671.17 (high).
Breakout or Correction?
A breakout here means a close beyond the prior 20-session range of 2,557.30 to 2,712.99; a correction means a close below it. Today's close of 2,652.58 is inside that range, so neither a breakout nor a breakdown was confirmed. The close is -10.67% from the 52-week high of 2,969.50 and +6.04% above the 52-week low of 2,501.49.
Range Context
The intraday span was 31.94 points (1.20% of the prior close), with the close sitting 41.80% up from the low of the range. Zooming out, the past 20 sessions ran from 2,557.30 to 2,712.99, while the 52-week low and high are 2,501.49 (2026-09-01) and 2,969.50 (2026-03-25); the close stands -10.67% from that high and +6.04% above that low.
Support and Resistance
Below the market the first swing low is 2,629.22, printed on 2026-08-12 and 0.88% beneath the close. Resistance by the same definition is 2,656.54 (2026-08-13), which is 0.15% higher. Swing points are local extremes over a three-session window on each side; the 20-day band runs 2,557.30 to 2,712.99.
Technical Snapshot
From the daily closes, the close is above the 20-day SMA of 2,624.94 (+1.05%), above the 50-day SMA of 2,606.42 (+1.77%), below the 200-day SMA of 2,691.73. The 14-day RSI sits at 56.07, which is neutral territory. The MACD(12,26,9) line is at 17.71 with the signal at 14.07, leaving a positive histogram of +3.64, and the gap is narrowing.
Trend Direction
The close is above 2 of the three moving averages (20-day, 50-day and 200-day). Five sessions back the index was at 2,695.60, so it is -1.60% since then and +2.07% over 21 sessions; the last five closes split 2 up, 3 down. On the rule set (price, breadth, 20-day average, MACD) the read is neutral. Nothing here is advice — it is what the closing data shows.