Apex Spinning & Knitting Mills Limited (APEXSPINN) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
Apex Spinning traded mostly between about ৳90 and ৳190 for years, and fell to ৳73.7 in June 2025. From there it rose sharply, reaching ৳440.0 in May 2026. Since then it has moved in wide swings: ৳433.0 in July, down to ৳260.0 in early September, and back up through October. Today it closed at ৳415.5, up 0.14%. Price is above the 50-day average (the average closing price of the last 50 trading days) at ৳350.85 and well above the 200-day average (the same idea over 200 days) at ৳305.19; both are rising. The September low held close to the 200-day average. The levels that matter now are the ceiling at ৳420–440, where the May, July and October highs sit, and support around ৳382.1 and ৳350.85–365.0 below.
Key levels
Support is where buying has stopped falls before; resistance is where selling has stopped rises. For Apex Spinning, ৳433.0–440.0 has turned price back twice (May and July), and ৳420.0 capped mid-October. Below, ৳382.1 held the late-October dip, and ৳350.85–365.0 marks the early-October lows and the 50-day average.
Trend on each timeframe
All four views point the same way: monthly, weekly, daily and hourly trends are up, with price above their rising averages. The main tension is that price is right below the ৳420–440 highs that have stopped it twice, and the monthly RSI of 75.6 shows the long-term move is already stretched.
Monthly Up
Each candle is one month, covering roughly ten years. The orange line is the 12-month average (৳313.77); the lower panels show RSI (14), a 0-100 momentum gauge, and monthly volume. For years the stock traded mostly between about ৳90 and ৳190. From a ৳73.7 low in June 2025 it broke out, with July 2025 trading 4.19 million shares, and reached ৳440.0 in May 2026. October 2026 closed at ৳414.9, the highest monthly close so far. RSI is 75.6, above the 70 line.
Weekly Up
Each candle is one week, about four years in view. The orange line is the 10-week average (৳366.25) and the blue line the 40-week average (৳321.48), both rising since mid-2025. The MACD panel compares two trend averages: 28.89 now sits above its signal of 25.79 after a dip in August–September. The September pullback touched ৳260.0 near the 40-week line, and the weeks since have closed higher, with price now at ৳415.5, close to the ৳440.0 May high.
Daily Up
Each candle is one trading day, about a year in view. The green line is the 50-day average (৳350.85) and the purple line the 200-day average (৳305.19), which has risen all year. Price reached ৳440.0 on 13 May and ৳433.0 on 9 July, then fell to ৳260.0 on 7 September, holding near the 200-day. A rally on 27 September on 1.23 million shares, the year's heaviest day, started a climb to today's ৳415.5, with daily highs of ৳420.0 on 13 October.
Hourly Up
Each candle is one hour of trading, covering about two months. The orange line is the 20-hour exponential average (৳408.09) and the blue line the 50-hour (৳401.53). Price climbed from about ৳260 in early September in a staircase of higher highs and higher lows. A dip on 25–26 October to ৳382.1 briefly broke below both lines, then price recovered to ৳415.5. Hourly RSI is 63.5, firm but not stretched.
Momentum and volume
Buying pressure has been steady since late September: RSI 65.8 is firm without being extreme, and the directional reading shows buyers clearly ahead of sellers with a trend strength (ADX) of 32.2. MACD has flattened, which means the pace of the climb has slowed recently. Volume today was about average.
Each candle is one trading day over about six months. The shaded channel is the Bollinger Band (20-day average ৳391.88, bands ৳360.68 to ৳423.07); price ৳415.5 is in its upper half, near the top. RSI is 65.8, recovered from below 30 in early September. MACD (16.62) and its signal (16.52) have converged above zero, histogram 0.11. ADX is 32.2 with +DI 30.78 above -DI 16.16, a trending reading led by buyers since late September.
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 some time.
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 | ৳415.50 |
- 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.