Bangladesh Lamps PLC (BDLAMPS) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
Bangladesh Lamps' share price has risen a long way over the past year. In November 2025 it traded as low as ৳110.10, and by early October 2026 it reached ৳271.40, the highest point in the last 52 weeks. That October jump did not last. Over the following three weeks the price fell almost every few days and now sits at ৳214.70, about 21% below the high. It has dropped below the 50-day average (the average closing price of the last 50 trading days), now ৳228.72, which is a sign the short-term trend has weakened. It is still well above the 200-day average (the average closing price of the last 200 trading days), ৳181.54, so the longer rise is still in place. The levels that matter now are ৳206.10, the low in September, below the price, and the ৳228.70–৳238.10 area above it.
Key levels
Support is a price where buyers have stepped in before; resistance is where sellers have. For Bangladesh Lamps, ৳206.10 stopped the September dip and price recovered to ৳237.00 afterwards. Above, the ৳228.70–৳238.10 zone is where the 50-day average and the mid-October bounce high sit. ৳271.40, the October peak, is the top of the 52-week range.
Trend on each timeframe
The monthly and weekly charts still show a rising stock: higher lows since 2025 and price above the 12-month and 40-week averages. The daily and hourly charts tell a different story: since 11 October price has made lower highs and dropped under its short averages. The longer views look up and the shorter views look down.
Monthly Up
Each candle is one month, covering roughly 2017 to now. The orange line is the 12-month simple average (৳181.31), and the lower panels show RSI(14) at 63.87 and monthly volume. The stock fell from about ৳250 in early 2024 to near ৳100 by late 2024, based there through 2025, and has climbed through 2026. October 2026 reached ৳271.40 but left a long upper wick, and November opened at ৳221.20 and trades at ৳214.70, still well above the 12-month line.
Weekly Up
Each candle is one week. The orange line is the 10-week average (৳229.30), the blue line the 40-week average (৳187.29); the panels below show MACD and weekly volume. Price climbed from a ৳98.20 weekly low in January 2025 to ৳233.00 in August 2026 and ৳271.40 in the week of 11 October, on 1.46 million and 0.99 million shares. The next three weeks closed lower at ৳235.20, ৳226.00 and ৳219.70, and price is now under the 10-week line; MACD (15.12) has slipped below its signal (17.00).
Daily Down
Each candle is one trading day over about a year. The green line is the 50-day average (৳228.72) and the purple line the 200-day average (৳181.54); volume is below. The stock stepped up in April (to ৳211.00), August (to ৳237.00) and early October (to ৳271.40), with volume peaks of about 600,000, 470,000 and 330,000 shares. Since 11 October price has slid to ৳214.70, closing below the 50-day line. Today's 31,592 shares is light. The 200-day line is still rising.
Hourly Down
Each candle is one hour of trading over about two months. The orange line is the 20-hour exponential average (৳219.14) and the blue line the 50-hour (৳225.82); RSI and volume are below. Price jumped from about ৳228 to ৳271 in early October, then fell in a series of lower highs. Over the last week it held between about ৳214 and ৳224 before dropping to ৳214.70 today, below both averages. Hourly RSI is 33.42, near the oversold zone.
Momentum and volume
Momentum has cooled sharply. RSI went from above 80, which is very stretched, to 38.75, and MACD has turned negative, so recent days have been weaker than the weeks before them. Volume has thinned: today's 31,592 shares is about one fifth of normal, so the fall has not come with heavy selling.
Each candle is one trading day over about six months. The shaded band is the Bollinger Band (20-day average ৳238.36, upper ৳271.62, lower ৳205.10), which marks the usual price range. Below are RSI(14), MACD and ADX/DMI. Price rode the upper band to ৳271.40 in early October, then dropped to the lower half of the band. RSI fell from above 80 to 38.75, MACD turned negative (-3.51 against signal 0.49), and on the ADX panel the -DI (23.93) has edged above the +DI (17.26).
What would change the picture
The scenario cards list price conditions and what each would change in the chart's structure. They are not predictions and say nothing about what will happen. They show which closing levels would confirm the recent weakness and which would undo it.
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 | Closed below the nearest support level | ৳214.70 |
- 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.