Baraka Patenga Power Limited (BPPL) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
Baraka Patenga Power's share price spent 2024 falling, reaching ৳9.20 in January 2025. Since then it has recovered: it rose to ৳22.40 in early August 2026, more than double that low. From June onward, though, price has moved sideways in a band roughly between ৳17.10 and ৳22.40. In early October it dipped to ৳17.10, bounced to ৳21.50 by 29 October, and then fell back in two heavy sessions to close at ৳18.80 today. Two averages help frame this. The 50-day average, the average closing price of the last 50 trading days, is ৳19.38, just above the price. The 200-day average, the average of the last 200 trading days, is ৳17.71 and still rising, just below the price. So the stock sits between a short-term reference above and a long-term one below. The levels to watch are ৳21.50 and ৳22.40 above, and ৳17.70 and ৳17.10 below.
Key levels
Support is a price where buying has stopped falls before; resistance is where selling has stopped rises. For BPPL, ৳17.10 acted as support on 7 October, when price bounced over 25% to ৳21.50. Resistance sits at ৳21.50, where price reversed on 29 October, and at ৳22.40, the August high where the rally stalled.
Trend on each timeframe
The monthly chart shows a recovery from ৳9.20, still above its 12-month average. The weekly chart has flattened, with price between its 10- and 40-week averages and MACD below its signal line. The daily chart is a sideways range. The hourly chart is pointing down after the 29 October reversal, so the short-term pictures are weaker than the long-term one.
Monthly Up
Each candle is one month, from the 2021 listing to November 2026. The orange line is the 12-month average closing price; the panel below is RSI, a 0–100 gauge of recent strength; the bottom panel is volume. Price fell from a ৳55.00 peak in October 2021 to ৳9.20 in January 2025, after a long flat stretch at ৳29.30 in 2022–2023. It then rebuilt to ৳22.40 in August 2026 on heavy volume (about 96.9M shares in May 2025). Price ৳18.80 is above the average at ৳17.78; RSI is 53.6.
Weekly Sideways
Each candle is one week, covering about three years. The orange line is the 10-week average and the blue line the 40-week average; MACD below compares a fast and a slow average to show whether momentum is building or fading. Price rose from ৳9.20 in early 2025 to ৳22.40 in August 2026, then pulled back to a ৳17.10 low in early October. It now sits at ৳18.80, between the 10-week (৳19.22) and 40-week (৳18.10) averages. MACD (0.40) is below its signal line (0.69), and weekly volume has been lighter than in the 2025 rally.
Daily Sideways
Each candle is one trading day, covering about a year. The green line is the 50-day average and the purple line the 200-day average, the average closing price of the last 200 trading days. Price climbed from about ৳12.60 last November to ৳22.40 on 6 August, then drifted lower to ৳17.10 on 7 October, holding just above the 200-day average. A rebound reached ৳21.50 on 29 October, but that day closed at ৳19.50 on 5.04M shares, and today closed ৳18.80, back below the 50-day average (৳19.38).
Hourly Down
Each candle is one trading hour, covering about the last two months. The orange and blue lines are 20- and 50-hour exponential averages, which weight recent prices more; RSI is shown below. Price rallied from ৳17.10 on 7 October to ৳21.50 on 29 October, then reversed sharply that day on the heaviest hourly volume of the period. It now trades at ৳18.80, below both averages (৳19.68 and ৳19.72), with the 20-hour line turning under the 50-hour. Hourly RSI is 31.7, near the weak end of its range.
Momentum and volume
Buying strength has faded quickly. RSI dropped from above 65 to 44.8 within two sessions, and the MACD lead over its signal line has nearly closed. The two down days came on heavy volume (5.04M and 2.44M shares), and today's volume is 1.35 times average, so selling pressure, not just a lack of buyers, drove the drop.
Each candle is one trading day over about six months. The shaded Bollinger Bands mark a typical price range around the 20-day average (now ৳17.08 to ৳21.18). RSI measures strength from 0 to 100, MACD tracks whether momentum is building or fading, and ADX/DMI shows trend strength and direction. Price touched the upper band near ৳21.50 on 29 October, then fell to ৳18.80, under the ৳19.13 middle band. RSI dropped to 44.8, the MACD gap shrank to 0.06, and -DI (24.7) moved above +DI (21.7), with ADX at 24.8.
What would change the picture
The scenario cards list price conditions and what each would change in the chart's structure. They are not forecasts and do not say which one will happen. They mark the levels where the current picture would shift, so a reader can check later which condition, if any, was met.
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 | ৳18.80 | |||
| 2026-10-29 | Trend label changed from Uptrend to Sideways | ৳19.50 | |||
| 2026-10-29 | Closed below the nearest support level | ৳19.50 | |||
| 2026-10-29 | Volume three times or more its 20-day average | ৳19.50 |
- 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.