Anwar Galvanizing Limited (ANWARGALV) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
Anwar Galvanizing spent 2024 and early 2025 falling, reaching ৳51.60 in May 2025. A sharp surge on very heavy trading in late October 2025 marked a turning point, and the price climbed through the first half of 2026 to ৳127.60 in June, its highest in a year. Since then it has moved sideways, mostly between about ৳111 and ৳125. It now trades at ৳114.00, slightly above the 50-day average (the average closing price of the last 50 trading days, ৳112.78) and well above the 200-day average (the average of the last 200 trading days, ৳104.62), which is still rising. Last week the price briefly touched ৳125 but closed far lower, a sign that sellers met it at the top of the range. The levels that matter now are the range floor near ৳111, the ৳102–৳104.62 zone below it, and the ৳125 and ৳127.60 highs above.
Key levels
Support is where buyers have stepped in before; resistance is where sellers have. For this stock, ৳111–৳111.70 held in July and October, and ৳102 held in August before a rebound. Above, ৳121.70–৳125 turned price back several times, most recently on 28 October, and ৳127.60 is the June peak.
Trend on each timeframe
The monthly chart shows a recovery, with price above a rising 12-month average. The weekly and daily charts show a sideways range above rising long-term averages. The hourly chart disagrees in the short run: price has dropped below both hourly averages since the ৳125 spike failed.
Monthly Up
Each candle is one month, covering about ten years. The orange line is the 12-month simple average (৳103.92), the lower panel RSI (14), a 0–100 momentum gauge, and the bottom bars volume. The stock climbed from about ৳40 in 2020 to over ৳300 in 2022, held a frozen ৳213.30 for most of 2023, then fell to ৳51.60 by May 2025. It has since recovered to ৳114.00, above the rising 12-month average, with monthly RSI at 53.17 and volume much higher than in 2023–2024.
Weekly Sideways
Each candle is one week, covering about four years. The orange line is the 10-week average (৳114.24), the blue line the 40-week average (৳106.82); the middle panel is MACD, a momentum measure from fast and slow averages, and the bottom is volume. After a long slide in 2024–2025, a surge in late October 2025 on 11.8 million shares in one week started a recovery. Since June 2026 price has moved sideways between about ৳102 and ৳127.60, sitting on the 10-week line, with MACD (3.37) slightly below its signal (3.96).
Daily Sideways
Each candle is one trading day, covering about a year. The green line is the 50-day average (৳112.78), the purple line the 200-day average (৳104.62), and the bars below show volume. Price jumped from ৳63.40 to ৳117 in late October and November 2025, fell back to ৳74.10, then climbed steadily to a ৳127.60 high on 9 June. Since then it has ranged, dipping to ৳102 in August and peaking at ৳125 on 28 October before closing that day at ৳116.50 on 1.27 million shares. It now sits at ৳114.00, just above the flattening 50-day line.
Hourly Down
Each candle is one trading hour, covering about two months. The orange line is the 20-hour exponential average (৳115.81), the blue line the 50-hour exponential average (৳116.86); these weight recent prices more. The panels below show RSI (14) and hourly volume. Price rose from about ৳106 in early September to ৳122–৳124 in late September, then swung ৳112–৳122 through October. After the ৳125 spike on 28 October it dropped under both averages and now trades at ৳114.00, with hourly RSI at 38.07.
Momentum and volume
Momentum has cooled. RSI at 46.6 sits just below the midpoint, meaning neither buyers nor sellers are dominant. MACD has slipped under its signal line, showing upward pressure fading. ADX near 17 confirms there is no strong trend. Volume is close to normal, so the pullback is not on unusual selling.
Each candle is one trading day, covering about six months. The shaded channel is the Bollinger Bands: a 20-day average (৳116.21) with bands two standard deviations above (৳121.30) and below (৳111.11). The panels show RSI (14), MACD and ADX/DMI, a trend-strength gauge. The bands were widest in June after the jump to ৳127.60, narrowed through summer, dipped with price in August, and widened again in late September. Price has now fallen from the upper band to the lower half. RSI is 46.59, MACD 0.66 is below its 1.20 signal, and ADX near 17 shows no strong trend.
What would change the picture
Each scenario card describes what a daily close beyond a price would mean for the chart's structure. They are conditions to watch, not predictions, and the order they appear in says nothing about which is more likely.
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 | Trend label changed from Sideways to Uptrend | ৳114.00 | |||
| 2026-10-29 | Trend label changed from Uptrend to Sideways | ৳113.40 |
- Computed from daily closing prices (method t1, wording agent-2); history kept from 2026-10-29.
- Describes price history only. Not investment advice, not a rating or a price target.