MERO Technical Analysis
As of the Oct 16, 2026 close, Meromicrofinance Laghubitta Bittiya Sanstha Ltd. (MERO) is flashing a neutral / mixed technical picture — 2 of 8 indicators are bullish, 4 bearish and 2 neutral. RSI is 50.65 (neutral), and price is below its 200-day moving average.
Daily bars to the Oct 16, 2026 close · Source: Nepal Stock Exchange (NEPSE), via Hamroshare
Price Chart
Momentum & trend indicators
Daily bars to the Oct 16, 2026 close · Source: Nepal Stock Exchange (NEPSE), via Hamroshare
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 50.65 | Neutral |
| Stochastic %K (14,3) | 78.05 | Sell |
| MACD (12,26,9) | -9.22 (bullish) | Buy |
| Bollinger %B (20,2) | 0.64 | Neutral |
| SMA 20 | 593.72 · price above | Buy |
| SMA 50 | 618.16 · price below | Sell |
| SMA 100 | 662.08 · price below | Sell |
| SMA 200 | 701.28 · price below | Sell |
| EMA 5 | 589.07 · price above | — |
| EMA 20 | 593.74 · price above | — |
| EMA 180 | 680.88 · price below | — |
Key price levels
Daily bars to the Oct 16, 2026 close · Source: Nepal Stock Exchange (NEPSE), via Hamroshare
| S3 | S2 | S1 | Pivot | R1 | R2 | R3 |
|---|---|---|---|---|---|---|
| 570.07 | 576.03 | 587.97 | 593.93 | 605.87 | 611.83 | 623.77 |
MERO price history, last 10 sessions
Daily bars to the Oct 16, 2026 close · Source: Nepal Stock Exchange (NEPSE), via Hamroshare
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 2026-10-16 | 588.00 | 599.90 | 582.00 | 599.90 | 5,058 |
| 2026-10-15 | 584.00 | 589.90 | 582.60 | 587.90 | 1,798 |
| 2026-10-14 | 572.10 | 584.00 | 572.00 | 584.00 | 3,533 |
| 2026-10-13 | 579.90 | 580.00 | 573.10 | 575.00 | 435 |
| 2026-10-12 | 572.00 | 588.80 | 572.00 | 579.90 | 2,852 |
| 2026-10-09 | 571.10 | 586.70 | 571.10 | 582.00 | 2,760 |
| 2026-10-08 | 587.00 | 595.00 | 575.00 | 579.90 | 2,627 |
| 2026-10-07 | 586.50 | 586.50 | 581.00 | 584.00 | 3,045 |
| 2026-10-06 | 585.30 | 590.00 | 585.30 | 586.00 | 1,055 |
| 2026-10-05 | 588.00 | 589.90 | 585.00 | 589.00 | 4,412 |
Average daily volume over the last 30 sessions: 4,355 shares.
Download the last 250 sessions: CSV · JSON · plain-text summary
What the MERO technicals are saying
As of the Oct 16, 2026 close, Meromicrofinance Laghubitta Bittiya Sanstha Ltd. (MERO) is flashing a neutral / mixed technical picture — 2 of 8 indicators are bullish, 4 bearish and 2 neutral. RSI is 50.65 (neutral), and price is below its 200-day moving average.
These readings are computed from MERO's daily NEPSE closing prices over 2,196 sessions and refresh every trading day. They describe momentum and trend only — not company fundamentals. Pair them with MERO's fundamentals, dividend history and financial report, and open the interactive technical charts for RSI, MACD, Bollinger Bands and pivot overlays. Technical signals are not investment advice.
MERO technical analysis — FAQ
Is MERO a buy or sell based on technical analysis?
Across 8 momentum and trend indicators, Meromicrofinance Laghubitta Bittiya Sanstha Ltd. (MERO) currently shows an overall "Neutral" signal — 2 bullish, 4 bearish and 2 neutral. This is a technical read of price action, not investment advice.
What is MERO's RSI right now?
As of the Oct 16, 2026 close, MERO's 14-day RSI is 50.65, which is in the neutral 30–70 zone.
Is MERO above its 200-day moving average?
As of the Oct 16, 2026 close, MERO is trading below its 200-day simple moving average of Rs 701.28 — a longer-term downtrend signal.
What are MERO's support and resistance levels?
Based on classic pivot points from the Oct 16, 2026 session, MERO has support at Rs 587.97 (S1), Rs 576.03 (S2) and Rs 570.07 (S3), and resistance at Rs 605.87 (R1), Rs 611.83 (R2) and Rs 623.77 (R3), with a central pivot at Rs 593.93.
What are MERO's EMA 5, EMA 20 and EMA 180?
As of the Oct 16, 2026 close, MERO's exponential moving averages are Rs 589.07 (EMA 5), 593.74 (EMA 20), 680.88 (EMA 180). The close of Rs 599.90 is above the EMA 5, above the EMA 20, below the EMA 180.