Bangladesh Thai Aluminium Limited (BDTHAI) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
Bangladesh Thai Aluminium had a sharp rally in June 2026, rising from about ৳13 to ৳22.70 in a few weeks on very heavy trading. Since then the price has fallen almost continuously for four months and is now ৳11.30, about half of that peak and close to where the rally began. It sits well below the 50-day average (the average closing price of the last 50 trading days), ৳14.20, and the 200-day average (the average of the last 200 days), ৳14.18. Being under both usually describes a stock in a downtrend. Last week the price touched ৳10.50, the lowest point of this fall, and it has bounced slightly since. The lowest price in the past year was ৳8.40 in November 2025. The levels to watch are ৳10.50 below and ৳12.00–12.20 and ৳14.20 above.
Key levels
Support is a price where buying has stopped falls before; resistance is where selling has capped rises. Here, ৳10.50 is last week's low, and ৳10.20–10.30 held several times in early 2026. Above, the stock traded around ৳12.00–12.70 in mid-October before dropping, and ৳14.20 is where both long averages sit.
Trend on each timeframe
The monthly, weekly and daily charts all point the same way: lower highs since June, and price under every long average. Only the hourly chart differs: it shows a small bounce from ৳10.50, with price back above its 20-hour average. That bounce is short-term inside a larger decline.
Monthly Down
Each candle is one month, covering roughly 2017 to now. The orange line is the 12-month simple average (৳13.67); RSI(14) at 44.17 and monthly volume are below. The stock peaked above ৳40 in early 2024, fell to about ৳8.20 in late 2024, and ranged mostly between ৳8.40 and ৳13 through mid-2026. June 2026 spiked to ৳22.70 on the heaviest volume on the chart, but every month since has closed lower, and price at ৳11.30 is back below the 12-month line.
Weekly Down
Each candle is one week. The orange line is the 10-week average (৳13.80) and the blue line the 40-week average (৳14.52); MACD and weekly volume are below. The June 2026 rally took price from ৳13.20 to ৳22.70 on weekly volume up to 60.9 million shares. Since then weekly closes have stepped down, from ৳19.00 in late July to ৳11.10 last week, with volume shrinking to under 3 million. The 10-week line has crossed below the 40-week, and MACD (-0.80) is below zero and its signal.
Daily Down
Each candle is one trading day over about a year. The green line is the 50-day average (৳14.20) and the purple line the 200-day average (৳14.18); volume is below. Price rose from ৳8.40 in November 2025 to ৳22.70 in late June 2026, with daily volume up to 16.6 million shares. It then slid in a series of lower highs (৳17.40 in early September, ৳15.90 later that month) to ৳10.50 on 25 October. The 50-day line is falling toward the flat 200-day. Today's 305,399 shares is light.
Hourly Sideways
Each candle is one hour of trading over about two months. The orange line is the 20-hour exponential average (৳11.22) and the blue line the 50-hour (৳11.64); RSI and volume are below. Price declined steadily from about ৳16 in mid-September, with RSI dipping into the oversold zone several times. After touching ৳10.50 on 25 October, it rebounded and has held between about ৳10.90 and ৳11.40. RSI recovered to 50.12; price is still under the 50-hour line.
Momentum and volume
Selling pressure has been steady and strong; the ADX reading of 46.84 means the downtrend has been forceful. RSI dipped below 30, a level often called oversold, and has just climbed back to 32.21. MACD is still negative but flattening, so the pace of the decline has slowed. Volume has dried up compared with June.
Each candle is one trading day over about six months. The shaded band is the Bollinger Band (20-day average ৳12.43, upper ৳14.55, lower ৳10.32), the usual range of price. Below are RSI(14), MACD and ADX/DMI. Since July price has hugged the lower half of the band, touching the lower band in late October. RSI is 32.21 after a dip below 30; MACD is -0.98, just under its signal (-0.94). ADX at 46.84 with -DI 33.68 well above +DI 7.96 shows a strong downward trend.
What would change the picture
Each scenario card names a closing price and what crossing it would change in the chart's structure. They are conditions to watch, not forecasts, and do not suggest what the price will do.
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 | 50-day average crossed below the 200-day average | ৳11.30 | |||
| 2026-11-01 | RSI rose back above 30 | ৳11.30 |
- 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.