Active Fine Chemicals Limited (ACTIVEFINE) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
Active Fine Chemicals has been falling for most of the past two years. During 2026 it spent February to August moving between roughly ৳6.6 and ৳7.6, with a brief high of ৳8.10 in March. From mid-August the price slid almost every week, reaching ৳4.20 in late October, the lowest price in the past year and below the November 2025 low of ৳4.70. It closed at ৳4.50 on 1 November. The 50-day average (the average closing price of the last 50 trading days) is ৳5.43 and the 200-day average (the same over 200 trading days) is ৳6.33; price is well below both, which is what a downtrend looks like on a chart. The levels that matter now are ৳4.20 below, and ৳4.70–5.00 and ৳5.43 above, where the price recently broke down or where the 50-day average sits.
Key levels
Support is a price where buying has stopped a fall before; resistance is where selling has capped a rise. Here ৳4.20 is the October low. Above, ৳4.70 (the November 2025 low) and ৳4.90–5.00 (the early-October floor) were support until price fell through them, and broken support often acts as resistance later. The ৳7.0–7.6 band capped price all summer.
Trend on each timeframe
The monthly and weekly charts both show a long decline, with price under every average drawn. The daily chart agrees, with the 50-day average now under the 200-day. Only the hourly chart differs: over the last two sessions price climbed from ৳4.20 to ৳4.50 and moved above its 20-hour average, a short pause inside the larger downtrend.
Monthly Down
Each candle is one month, covering about ten years. The orange line is the 12-month simple moving average (average close of the last 12 months), now ৳6.06; the lower panel shows RSI (14), a 0–100 momentum gauge, at 30.3, and volume bars. Price peaked near ৳34.10 in October 2021, held at ৳19.30 through a long frozen period in 2022–23, then fell steadily from 2024. After a bounce to ৳8.10 in March 2026 the slide resumed; October 2026 closed at ৳4.40, with a low of ৳4.20.
Weekly Down
Each candle is one week. The orange line is the 10-week average (৳5.18) and the blue line the 40-week average (৳6.41). The MACD panel compares a fast and slow average; it reads −0.60 against a signal of −0.41, so the down-move is still gaining. Price held ৳6.6–7.6 from February to August 2026, then turned lower from mid-August, closing week after week lower to ৳4.40 in the week of 25 October, the weakest weekly close on the chart. Weekly volume rose to 1.72 million shares that week.
Daily Down
Each candle is one trading day over roughly the last year. The green line is the 50-day average (৳5.43) and the purple line the 200-day average (৳6.33). Price traded mostly between ৳6.6 and ৳7.6 from March to mid-August, above the 50-day line, then broke lower: ৳6.2 in late August, ৳5.6 in September, under ৳5.0 in early October and a low of ৳4.20 on 27–29 October. The 50-day line crossed below the 200-day line in September. Daily volume was 230,192 shares on 1 November, near the 20-day norm.
Hourly Sideways
Each candle is one trading hour across about two months. The orange line is the 20-hour exponential average (৳4.42) and the blue line the 50-hour (৳4.55). Price fell from about ৳6.2 in early September to ৳4.20 on 27–29 October, staying under both lines. On 29 October and 1 November it climbed back to ৳4.50, above the 20-hour line; hourly RSI is 56.4. A 315,675-share hour on 29 October was the largest on this chart's recent stretch.
Momentum and volume
Selling pressure has been strong: the trend-strength gauge ADX reads 66, a very high level, and nearly all of the directional reading is on the selling side. At the same time the RSI has lifted from the 20s to about 32 and the MACD has stopped falling, which means the speed of the decline has eased. Volume is about average.
Each candle is one day over about six months. Bollinger Bands are a band two standard deviations around the 20-day average; they now sit at ৳4.14–5.36 with the middle at ৳4.75, and price rode the lower band down through September and October. RSI (14) dipped into the 20s and is now 31.9. MACD is at −0.32 with its signal also −0.32, so the falling momentum has stopped accelerating. ADX, a trend-strength gauge, is 66.2, with the selling line (−DI 25.9) far above the buying line (+DI 6.0).
What would change the picture
The scenario cards list price levels to watch and what a close beyond each would mean for the chart's structure. They are conditions, not predictions: none of them says what the price will do, only how the picture would change if it happens.
Recent changes and what followed
Each row is a day a tracked signal changed, and the price move over the next 5, 20 and 60 trading days (blank until that many days have passed). Past moves do not predict future ones.
| Date | Change | Close | Next 5 days | Next 20 days | Next 60 days |
|---|---|---|---|---|---|
| 2026-11-01 | MACD crossed above its signal line | ৳4.50 |
- Computed from daily closing prices (method t1, wording agent-2); history kept from 2026-11-01.
- Describes price history only. Not investment advice, not a rating or a price target.