Alif Manufacturing Company Ltd. (ALIF) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
Alif Manufacturing closed at ৳4.30 on 1 November 2026, unchanged on the day. The stock has been weak for years. It fell from about ৳13 in early 2024 to ৳3.20 in November 2025, the lowest price of the past 52 weeks. It then recovered to between ৳5.20 and ৳5.90 for most of mid-2026 and briefly reached ৳6.50 in August. Since then it has slid steadily, and October brought it down to ৳4.10. Price is now below the 50-day average (the average closing price of the last 50 trading days, ৳5.06) and the 200-day average (৳4.99). For about three weeks it has paused between ৳4.10 and ৳4.50. The main levels are ৳4.10 below and the ৳5.00–৳5.10 average zone above.
Key levels
Support is a price where falls have stopped; resistance is where rises have stalled. Here, ৳4.10–৳4.20 has held every dip since about 20 October, and ৳4.50 has capped bounces. Higher up, ৳5.00–৳5.10 is where both long averages sit and where early-October bounces failed.
Trend on each timeframe
The monthly, weekly and daily charts all point down, with price below each chart's averages and the weekly 10-week average under the 40-week. Only the hourly chart differs: there, price has gone flat and is sitting on its 20-hour average. That shows a pause within the larger decline.
Monthly Down
Each candle is one month, covering about ten years. The orange line is the 12-month simple average. The RSI panel measures momentum from 0 to 100. The stock peaked above ৳21 in 2021, then fell from about ৳13 in early 2024 to a low of ৳3.20 in November 2025. It recovered to ৳6.50 in August 2026. October 2026 gave back much of that rise. Price is now ৳4.30, below the ৳4.90 average. RSI is 33.6, close to the oversold zone below 30.
Weekly Down
Each candle is one week, covering about four years. Orange is the 10-week average and blue is the 40-week average. MACD, below, compares fast and slow trend averages. After the November 2025 low of ৳3.20, price rose to between ৳5.20 and ৳5.90 from May to August 2026. In mid-August a 9.3-million-share week touched ৳6.50. In the week of 11 October price fell from ৳5.00 to ৳4.30. It has stayed near ৳4.30 since. The 10-week average has crossed under the 40-week, and MACD is below its signal.
Daily Down
Each candle is one trading day, covering about a year. Green is the 50-day average and purple is the 200-day average. Price traded between about ৳5.20 and ৳5.80 from May to August. On 13–14 August it spiked to ৳6.50 on 4.6 million shares. It then slid through September and October, dropped below both averages in early October, and reached ৳4.10. The 50-day average (৳5.06) is falling toward the 200-day (৳4.99). Recent volume, 109,437 shares, is about half the average.
Hourly Sideways
Each candle is one trading hour, covering about two months. Orange and blue are 20- and 50-hour exponential averages. Price stepped down from about ৳5.40 in early September to ৳4.20 by mid-October, with both averages falling above it. Since about 20 October, hourly bars have stayed between ৳4.10 and ৳4.50. The 20-hour average (৳4.31) has flattened at the price, while the 50-hour (৳4.40) still sits above. Hourly RSI is 47.6.
Momentum and volume
Selling pressure has been strong, with ADX at 43 showing a firm downtrend. It has eased a little recently. RSI has climbed from below 30 to about 35, and MACD has just ticked above its signal line. Volume is about half its usual level, so the pause has come on light trading.
Each candle is one day, covering about six months. Bollinger Bands mark two standard deviations around the 20-day average. RSI measures momentum (0–100). MACD tracks trend momentum. ADX measures trend strength, where readings above 25 mean a strong trend. Price followed the lower band down through October, and RSI dipped below 30. ADX rose to 43.3, with -DI (selling pressure, 23.8) well above +DI (buying pressure, 9.2). In the last few sessions RSI recovered to 34.9, and MACD (-0.24) edged above its signal (-0.25).
What would change the picture
Each scenario card describes a price condition and what it would mean for the chart's structure if it occurred. They are conditions to watch, not forecasts.
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 | ৳4.30 |
- 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.