Atlas Bangladesh Limited (ATLASBANG) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
Atlas Bangladesh spent most of late 2025 and early 2026 between about ৳50 and ৳55, touching ৳44.2 in November 2025. In March and April it rose to around ৳81, then rested near ৳70 for two months. In July it jumped sharply, reaching ৳102.0 on heavy trading. Since then the price has slowly given back ground, each bounce peaking lower than the last, and it closed today at ৳77.00, down 4.35%. It now sits below its 50-day average (the average closing price of the last 50 trading days, ৳81.72), which means recent prices are weaker than the past two months. It remains above its 200-day average (the average of the last 200 trading days, ৳72.84), which is still rising, so the longer picture is still higher than a year ago. The levels that matter are the ৳75 October low just below, the 200-day average around ৳72.84, and the ৳83–৳84 area above where October rallies stopped.
Key levels
Support is a price where buying has stopped falls before; resistance is where selling has stopped rises. For Atlas, ৳75–৳76 held in October twice, and the May-June floor near ৳68.5–৳70 held before the July surge. Above, ৳83–৳84 capped October bounces, and ৳98–৳102 is where the July rally topped out.
Trend on each timeframe
The monthly chart still shows recovery from the ৳44 low, with price above its 12-month average. The weekly, daily and hourly charts all show a pullback since July: lower highs, price under short averages. So the long view is constructive while the shorter views lean down; they meet near the ৳73–৳75 area, where the long averages sit.
Monthly Sideways
Each candle is one month, covering roughly 2017 to now. The orange line is the 12-month simple average of closes (৳72.28), the lower panel is RSI 14 (a 0–100 momentum gauge, now 54.3) and the bottom panel shows monthly volume. The stock held near ৳104.2 through 2023, fell to about ৳45 by late 2024 and again touched ৳44.2 in November 2025. It then climbed, peaking at ৳102.0 in July 2026, and has eased to ৳77. Price is still above the 12-month average, which is turning up.
Weekly Down
Each candle is one week. The orange line is the 10-week average (৳81.39), the blue line the 40-week average (৳75.37); the MACD panel compares a fast and slow average to show momentum, and the bottom panel shows weekly volume. The week of 5 July 2026 jumped from ৳72.3 to ৳89.1 on 377,255 shares, and the next week reached ৳102.0. Since then weekly closes have slipped from ৳95.0 to ৳77.0. Price is now below the 10-week line and about ৳1.6 above the 40-week line; the MACD line (1.95) sits below its signal (3.70).
Daily Down
Each candle is one trading day, covering about the last year. The green line is the 50-day average (৳81.72), the purple line the 200-day average (৳72.84), and the bottom panel shows daily volume. Price based around ৳52–৳55 until March, rose to about ৳81 in early April, then spiked to ৳102.0 on 15 July with daily volume of 60,000–93,000 shares. Since mid-July it has drifted lower to ৳77, crossing below the 50-day line in September. The 200-day line keeps rising underneath. Recent volume is thin, 2,701 shares today.
Hourly Down
Each candle is one trading hour, covering late August to 1 November. The orange line is the 20-hour exponential average (৳79.49) and the blue line the 50-hour (৳80.21); below are RSI 14 (38.9) and hourly volume. Price has stepped down from around ৳88 in late August through ৳83 and ৳80 to ৳77 now, with brief spikes to ৳84 in mid-October that did not last. The last hourly candles closed under both averages, and the 20-hour line has turned below the 50-hour.
Momentum and volume
Momentum is soft but not extreme. RSI at 42 says sellers have had a slight edge without the stock being stretched. MACD is flat near zero. The trend-strength reading (ADX 17) is low, so the decline has been a slow drift rather than a strong move. Volume is about half normal, meaning little conviction either way today.
Each candle is one trading day from late May to 1 November. The shaded Bollinger Bands show a 20-day average (৳79.61) with bands two standard deviations above (৳83.44) and below (৳75.78). The bands blew wide in July as price spiked to ৳102 and have since narrowed as price drifted down. RSI 14 peaked above 80 in July and now reads 42.1. MACD sits just below zero (-0.86 vs signal -0.79). In the DMI panel the selling line (-DI 29.5) is above the buying line (+DI 15.9), while ADX 17.3 shows the trend itself is weak.
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 each simply explains which pattern would change if price got there.
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 below its signal line | ৳77.00 | |||
| 2026-11-01 | Closed below the nearest support level | ৳77.00 | |||
| 2026-10-29 | MACD crossed above its signal line | ৳80.50 |
- 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.