NEPSE 2026-10-16: index 2,634.17 (+8.24 pts, +0.31%). RSI(14) 59.77, close above the 20-day SMA of 2,606.87; turnover Rs 4.88 billion. Read: positive.
NEPSE Today Analysis — 2026-10-16
The NEPSE index rose 8.24 points (+0.31%) to finish at 2,634.17 against a previous close of 2,625.93. It opened at 2,626.41 and traded between 2,622.78 (low) and 2,638.42 (high).
Support and Resistance
The nearest swing low below the close is 2,629.22 (set on 2026-08-12), 0.19% under the close. Overhead, the closest swing high is 2,656.54 from 2026-08-13, 0.85% above the close. These levels are three-session pivots from the last 60 sessions; for context the 20-day range is 2,557.30 to 2,671.04.
Key Levels
Reference levels from the adjusted daily history, highest to lowest:
| Level | Value | Set on |
|---|---|---|
| 52-week high | 2,969.50 | 2026-03-25 |
| 20-day high | 2,671.04 | last 20 sessions |
| Nearest swing high | 2,656.54 | 2026-08-13 |
| Close | 2,634.17 | 2026-10-16 |
| Nearest swing low | 2,629.22 | 2026-08-12 |
| 20-day low | 2,557.30 | last 20 sessions |
| 52-week low | 2,469.37 | 2025-10-26 |
Technical Snapshot
Technically, the close is above the 20-day SMA of 2,606.87 (+1.05%), above the 50-day SMA of 2,605.34 (+1.11%), below the 200-day SMA of 2,689.11. The 14-day RSI sits at 59.77, which is neutral territory. The MACD(12,26,9) line is at 3.31 with the signal at -1.94, leaving a positive histogram of +5.25, and the gap is widening.
Week in Context
Five sessions ago NEPSE closed at 2,591.80, so the week-on-week change is +1.63%; over 21 sessions it is +0.02%. The index is -11.29% from its 52-week high of 2,969.50 (2026-03-25) and +6.67% above the 52-week low of 2,469.37 (2025-10-26). Recent session breadth: 2026-10-15 172 up / 90 down; 2026-10-14 188 up / 80 down; 2026-10-13 104 up / 167 down; 2026-10-12 105 up / 165 down.
Trend Direction
The close is above 2 of the three moving averages (20-day, 50-day and 200-day). The five-session change is +1.63% (from a close of 2,591.80) and the 21-session change +0.02%, with 5 of the last five closes up and 0 down, with a 7-session winning streak now. On the rule set (price, breadth, 20-day average, MACD) the read is positive. That is a description of the current state, not a prediction.