DSE : APEXFOODS

Apex Foods Limited (APEXFOODS) technical report

As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data

৳281.60-4.5%
Daily trend: SidewaysWeekly trend: UpStrength: ModerateVolatility: HighLiquidity: Medium
Apex Foods has given back most of its early-October surge and now sits on its 50-day average at ৳281.6.
The stock jumped from ৳260.5 to a ৳347.0 high in early October on heavy volume, then slid for four weeks. It now rests on the 50-day average, above a rising 200-day average, with momentum fading.
✦ Analyst agent's read
Range
October spike to ৳347.0 fully faded back to the ৳280 area; long-term averages still rise but short-term momentum has turned down.
ClarityMixed
Key level৳280.30 (below)
Today's low, sitting on the 50-day average at ৳280.65
From TradingView charts on four timeframes. Describes structure; not a forecast or advice.

In plain words

Apex Foods spent most of 2025 recovering from a low of ৳168.0 in May 2025. Through 2026 the price climbed in steps, mostly trading between about ৳241 and ৳313 from May to September. On 5 October 2026 the stock jumped from ৳260.5 to ৳311.5 in one session on 572,321 shares, many times normal volume, and reached ৳347.0 the next day. That burst did not last: over the next four weeks price slid back, closing today at ৳281.6, down 4.51%. It now sits right on the 50-day average (the average closing price of the last 50 trading days) at ৳280.65. The 200-day average, the average closing price of the last 200 trading days, is lower at ৳264.24 and still rising, so the longer picture remains higher than a year ago. The levels that matter now are ৳280.3 just below, ৳300–302.7 above, and the ৳347.0 October peak.

Key levels

Support is a price area where buying has previously stopped a fall; resistance is where selling has stopped a rise. On Apex Foods, ৳280.3–280.65 (today's low and the 50-day average) is the nearest support, with the ৳255.8–264.24 base below. Resistance sits at ৳299.2–302.7, where two late-October bounces stalled, and at ৳347.0.

৳347.00
Resistance: October peak
52-week high set on 6 October after the volume surge.
+23.2%
৳299.20–302.70
Resistance: Late-October bounce highs
Failed bounces on 29 Oct and 1 Nov; near the 20-day midline ৳300.69.
+6.9%
৳281.60
Last close
৳280.30–280.65
Support: 50-day average
Today's low sits on the 50-day average.
-0.4%
৳255.80–264.24
Support: Pre-surge base / 200-day
Late-September base and the rising 200-day average.
-7.7%
৳241.00
Support: September low
Lowest daily low since April.
-14.4%

Trend on each timeframe

The monthly and weekly charts still show a stock making higher lows since 2025, above rising long averages. The daily chart has turned sideways, back to where it was before the October surge. The hourly chart disagrees most: it shows lower highs and price beneath both short averages, a short-term downswing inside the longer recovery.

Monthly Up

Higher lows since the ৳168.0 May 2025 bottom; price above the 12-month average (৳262.35), far below the 2023 peak of ৳527.9.
Monthly, ~10 years: SMA 12, RSI 14, volume
Monthly, ~10 years: SMA 12, RSI 14, volume. Chart: TradingView.

Each candle is one month, covering roughly ten years. The orange line is the 12-month simple average (now ৳262.35); the lower panels show RSI (14), a 0-100 momentum gauge now at 56, and monthly volume. Price peaked at ৳527.9 in May 2023, fell to ৳168.0 in May 2025, and has since made higher lows. October 2026 traded about 3.0 million shares, the heaviest month since 2023, reaching ৳347.0 before closing at ৳294.9.

Weekly Up

Price sits just under the 10-week average (৳283.33) and above the rising 40-week (৳267.74); MACD lines have flattened together.
Weekly, ~4 years: SMA 10/40, MACD, volume
Weekly, ~4 years: SMA 10/40, MACD, volume. Chart: TradingView.

Each candle is one week, about four years in view. The orange line is the 10-week average (৳283.33) and the blue line the 40-week average (৳267.74); the 40-week has been rising since mid-2025. The MACD panel compares two trend averages: 8.29 against a signal of 8.55, nearly flat. The week of 5 October 2026 traded 1.63 million shares and ran to ৳347.0; the four weeks since have each closed lower, from ৳328.3 to ৳281.6.

Daily Sideways

Back on the 50-day average (৳280.65) after the October spike; 200-day (৳264.24) still rising below.
Daily, ~1 year: SMA 50/200, volume
Daily, ~1 year: SMA 50/200, volume. Chart: TradingView.

Each candle is one trading day, about a year in view. The green line is the 50-day average (৳280.65) and the purple line the 200-day average (৳264.24). Since May price has mostly traded between about ৳241 and ৳313. On 5 October it jumped from ৳260.5 to ৳311.5 on 572,321 shares, peaked at ৳347.0 the next sessions, then drifted down. Today's close of ৳281.6 (low ৳280.3) sits right on the 50-day line, with volume of 69,424 shares.

Hourly Down

Below both the 20-hour (৳290.39) and 50-hour (৳295.74) averages; lower highs since mid-October.
Hourly, ~2 months: EMA 20/50, RSI, volume
Hourly, ~2 months: EMA 20/50, RSI, volume. Chart: TradingView.

Each candle is one hour of trading, covering about two months. The orange line is the 20-hour exponential average (৳290.39) and the blue line the 50-hour (৳295.74). After the early-October surge, price has made lower highs, including a bounce to ৳302.7 on 29 October that failed below the blue line. Price now trades at ৳281.6, under both averages, and hourly RSI is 36.5, on the weak side of its range.

Momentum and volume

Momentum readings have cooled sharply since early October. RSI fell from above 80 to 44.4, MACD crossed below its signal line, and the directional readings are almost evenly balanced, meaning neither buyers nor sellers are pushing hard. Volume today was less than half its average, so the latest drop came on light trading.

RSI (14)
44.4
Neutral, softening
Down from above 80 in early October.
MACD (12,26,9)
3.00 vs 6.82
Below signal
Histogram -3.83; momentum fading since mid-October.
ADX (14)
24.7
Weak trend
+DI 23.99 and -DI 22.48 almost level: no clear direction.
Bollinger (20,2)
Lower half
Below midline
Bands ৳255.92 to ৳345.45; price below midline ৳300.69.
Volume vs average
0.45x
Light
Today's 69,424 shares well below the recent average.
Daily, ~6 months: Bollinger 20/2, RSI, MACD, ADX
Daily, ~6 months: Bollinger 20/2, RSI, MACD, ADX. Chart: TradingView.

Each candle is one trading day over about six months. The shaded channel is the Bollinger Band (20-day average ৳300.69, bands at ৳255.92 and ৳345.45), which widened sharply with the October jump. RSI (44.4) fell from above 80 at the peak. MACD (3.00) is below its signal (6.82), with a histogram of -3.83. ADX at 24.7 with +DI 23.99 and -DI 22.48 shows neither buyers nor sellers in control. Price closed at ৳281.6 in the lower half of the band.

What would change the picture

The scenario cards describe what a given closing price would mean for the chart's structure. They are conditions to watch, not predictions; none of them is expected to happen, and price can stay between these levels for a long time.

If Daily close below ৳280.3
Price would lose the 50-day average, leaving the ৳255.8–264.24 base and 200-day as next reference.
If Daily close above ৳302.7
Price would reclaim the 20-day midline and the late-October bounce highs.
If Daily close above ৳347.0
Price would exceed the October peak and its 52-week high.

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.

DateChangeCloseNext 5 daysNext 20 daysNext 60 days
2026-11-01Trend label changed from Uptrend to Sideways৳281.60