NEPSE 2026-11-02: index 2,657.50 (-32.65 pts, -1.21%). RSI(14) 58.61, close above the 20-day SMA of 2,615.91; turnover Rs 7.18 billion. Read: neutral.
NEPSE Today Analysis — 2026-11-02
NEPSE closed at 2,657.50, down 32.65 points (-1.21%) from the previous close of 2,690.15. The session opened at 2,690.10, printed a high of 2,691.10 and a low of 2,651.15.
Support and Resistance
Support, defined as the closest swing low under the close, is 2,629.22 from 2026-08-12, 1.06% below. Overhead, the closest swing high is 2,671.04 from 2026-09-23, 0.51% 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 2,712.99.
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 | 2,712.99 | last 20 sessions |
| Nearest swing high | 2,671.04 | 2026-09-23 |
| Close | 2,657.50 | 2026-11-02 |
| Nearest swing low | 2,629.22 | 2026-08-12 |
| 20-day low | 2,557.30 | last 20 sessions |
| 52-week low | 2,501.49 | 2026-09-01 |
Technical Snapshot
From the daily closes, the close is above the 20-day SMA of 2,615.91 (+1.59%), above the 50-day SMA of 2,605.48 (+2.00%), below the 200-day SMA of 2,690.63. Momentum by RSI(14) reads 58.61, a neutral reading. The MACD(12,26,9) line is at 18.53 with the signal at 9.96, leaving a positive histogram of +8.57, and the gap is narrowing.
Week in Context
Five sessions ago NEPSE closed at 2,629.82, so the week-on-week change is +1.05%; over 21 sessions it is +1.05%. That leaves it -10.51% below the 52-week high of 2,969.50 (2026-03-25) and +6.24% over the 52-week low of 2,501.49 (2026-09-01). Recent session breadth: 2026-10-30 101 up / 169 down; 2026-10-29 180 up / 91 down; 2026-10-28 240 up / 35 down; 2026-10-27 134 up / 136 down.
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 +1.05% (from 2,629.82) and over 21 sessions +1.05%; the last five closes were 3 up and 2 down, with a 2-session losing streak now. Price, breadth, the 20-day average and MACD together score the close as neutral under the fixed rules used here. Nothing here is advice — it is what the closing data shows.