KATHMANDU: The NEPSE Index closed this week at 2,676.03, marking a gain of 115.74 points, or 4.52%, compared to last week’s close of 2,560.29, which had risen 0.57% from the previous week.
During the week, the index recorded a high of 2,678.29 and a low of 2,562.34, resulting in a weekly volatility of 115.95 points, up from 47.06 points in the previous week. Monday saw the highest intraday gain of 50.44 points, with a turnover of Rs 7.03 billion, while the total weekly turnover amounted to Rs 32.50 Arba.
Technical indicators show a daily RSI of 64.69 and a weekly RSI of 51.81. The MACD remains above zero at 11.47, while the Signal line stays in the negative zone, indicating mixed momentum.
The NEPSE Index is trading above both the 5-day and 20-day Exponential Moving Averages, with the position above the shorter-term average suggesting continued bullish sentiment. Key technical levels include 2,540 as immediate support and 2,820 as a major resistance zone.
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