Asiatic Laboratories Limited (ASIATICLAB) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
Asiatic Laboratories had a very strong first half of 2026. The share price climbed from ৳44.20 in January to ৳146.90 in early July, more than tripling. After that peak, sellers took over and the price fell to ৳98.00 by 9 September, giving back about a third. Since then it has gone sideways, moving between roughly ৳100 and ৳113 for two months, and closed today at ৳106.70. It is sitting right on its 50-day average, the average closing price of the last 50 trading days, which has flattened out. Further below is the 200-day average at ৳98.27, a longer-term trend line that is still rising, and price remains above it. The levels that matter are the top of the range around ৳112.70–৳113.30 and the bottom around ৳100.20, with the September low of ৳98.00 just under that.
Key levels
Support is a price where falls have stopped; resistance is where rises have stalled. On this stock ৳112.70–৳113.30 turned price back in September and again on 22 October. On the downside, ৳100.20–৳101.10 caught dips in late September and mid-October, and ৳98.00 marks the September low beside the 200-day average.
Trend on each timeframe
The monthly chart still shows a long-term uptrend, with price above its 12-month average. The weekly and daily charts have flattened into a range after the summer pullback, with weekly momentum still below its signal. The hourly chart is choppy and slightly below its short averages, so short-term and long-term views point in different directions.
Monthly Up
Each candle is one month since the stock's 2024 listing. The orange line is the 12-month simple average (৳96.51), the average closing price of the past year. After falling to the high ৳20s in 2024 and basing into 2025, price climbed steadily, accelerating from about ৳45 in January 2026 to a peak of ৳146.90 in July. August through October were down or flat months, and price now sits at ৳106.70, still above the average. Monthly RSI, a 0–100 momentum gauge, has cooled from above 80 to 64.7.
Weekly Sideways
Each candle is one week. The orange line is the 10-week average (৳107.16), the blue line the 40-week average (৳104.36); the lower panel shows MACD, a momentum measure built from two averages, and weekly volume. Price rallied from ৳44.20 in January to ৳146.90 in early July, then declined for several weeks to ৳98.00 in September. Since then weekly candles have stayed between ৳100.20 and ৳113.30. The 10-week average has come down to meet the still-rising 40-week. MACD (1.52) is below its signal (4.33), though the gap is narrowing.
Daily Sideways
Each candle is one trading day over about a year. The green line is the 50-day average (৳107.52), the purple line the 200-day average (৳98.27). Price rose from ৳44.20 in January to ৳146.90 on 7 July, with the heaviest volume (4–5 million shares) in February. After July it slid below the 50-day and reached ৳98.00 on 9 September. Since then it has moved sideways between about ৳100 and ৳113, crossing the now-flat 50-day line several times, while staying above the rising 200-day. Latest volume, 0.47 million, is about 90% of average.
Hourly Sideways
Each candle is one hour of trading over roughly two months. The orange line is the 20-hour exponential average (৳107.51), the blue line the 50-hour (৳107.18); exponential averages give more weight to recent prices. Price has swung inside a ৳100–৳113 band, with a dip to ৳98.00 in early September and a push to ৳112.70 on 22 October. The latest session touched ৳111.90 and then faded to ৳106.70, just below both lines. Hourly RSI is 44.6.
Momentum and volume
Momentum is neutral. RSI sits at 49.5, right in the middle, MACD is hovering around zero, and the trend gauge ADX at 18 says there is no strong trend. The Bollinger Bands have squeezed into a narrow channel, which reflects calm, low-energy trading, and volume is close to normal.
Each candle is one trading day over about six months. The shaded channel is the Bollinger Bands: a 20-day average (৳105.93) with bands two standard deviations above (৳110.39) and below (৳101.46). In June–July the bands were very wide as price swung up to ৳146.90; through August they followed price down. Since mid-September the bands have narrowed to under ৳9 wide, showing quiet trading. RSI is 49.5, MACD (-0.04) sits just above its signal (-0.49) near zero, and ADX at 18.0 shows no strong trend in either direction.
What would change the picture
These cards list price conditions to watch and what each would mean for the chart's shape. They are not predictions of what will happen; they only mark where the current sideways picture would change.
- 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.