DSE : BRACBANK

BRAC Bank PLC. (BRACBANK) technical report

As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data

৳66.40-1.6%
Daily trend: SidewaysWeekly trend: SidewaysStrength: StrongVolatility: LowLiquidity: High
BRAC Bank eased to ৳66.40 after stalling at ৳68.90, still above flat-rising 50- and 200-day averages near ৳64.40 inside a ৳60.8–৳70.0 range.
Price climbed from ৳61.50 in September to ৳68.90 in late October, just under the June high of ৳69.70. It has now slipped to the 20-day average (৳66.49), with both long averages close together just below at ৳64.31–৳64.44.
✦ Analyst agent's read
Range
Since March price has held between about ৳60.8 and ৳70.0; the October push to ৳68.9 stalled below the June highs.
ClarityMixed
Key level৳69.70 (above)
June high capping the March–October range
From TradingView charts on four timeframes. Describes structure; not a forecast or advice.

In plain words

BRAC Bank's share price rose for about two years, from around ৳22.87 in early 2024 to a peak of ৳77.91 in late February 2026. After that peak it fell back and since March has moved sideways, mostly between ৳60.80 and ৳70.00. From a low of ৳61.50 in September, price climbed steadily through October and reached ৳68.90 on 25 October, just below the June highs of ৳69.70 and ৳70.00. It has since eased to ৳66.40. Two averages help frame this. The 50-day average, the average closing price of the last 50 trading days, is ৳64.44. The 200-day average, the average of the last 200 trading days, is ৳64.31. Both sit about ৳2 below the price and have almost met. The levels that matter are the ৳68.90–৳70.00 ceiling above, and ৳66.00, ৳64.30 and ৳60.80 below.

Key levels

Support is a price where falls have stopped before; resistance is where rises have stopped. For BRAC Bank, the zone ৳68.90–৳70.00 turned price back in June, at the end of June and again in late October. Below, ৳60.80–৳61.50 held in July, August and September, forming the floor of the range.

৳77.90
Resistance: February peak
Year high, ৳77.91 on 25 February.
+17.3%
৳68.90–70.00
Resistance: June–October highs
Highs of ৳69.70, ৳70.00 and ৳68.90 all stalled here.
+4.6%
৳66.40
Last close
৳66.00–66.20
Support: Early-October shelf
Price held ৳66.0–৳66.2 for most of October.
-0.5%
৳64.30–64.40
Support: 50/200-day averages
Both long averages meet here.
-3.1%
৳60.80–61.50
Support: July–September lows
Floor of the range since spring.
-7.9%

Trend on each timeframe

The monthly chart still shows a long rise, with price above its 12-month average. The weekly chart has flattened, its two averages now level and close together. The daily chart is a range with price in its upper half. The hourly chart has turned down over the last few sessions, so the shortest view is the weakest one.

Monthly Up

Long rise from ৳22.87 (2023) to ৳77.91 (Feb 2026); price ৳66.40 above the 12-month average ৳64.61, monthly RSI 61.0.
Monthly, ~9 years: SMA 12, RSI 14, volume
Monthly, ~9 years: SMA 12, RSI 14, volume. Chart: TradingView.

Each candle is one month, covering about nine years. The orange line is the 12-month average closing price; RSI below gauges strength from 0 to 100; volume is at the bottom. After a flat stretch near ৳22.87 in 2023, price rose through 2024 and 2025, peaking at ৳77.91 in February 2026. Since then it has moved sideways in the ৳60s, and the 12-month average has climbed to ৳64.61, just below today's ৳66.40. Monthly RSI is 61.0, off its earlier readings above 80.

Weekly Sideways

Price above the 10-week (৳65.32) and 40-week (৳65.19) averages, which have flattened together; weekly MACD above signal.
Weekly, ~4 years: SMA 10/40, MACD, volume
Weekly, ~4 years: SMA 10/40, MACD, volume. Chart: TradingView.

Each candle is one week over about four 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 momentum. Price climbed from about ৳22.87 in early 2024 to ৳77.91 in February 2026, then pulled back and moved sideways between ৳60.80 and ৳70.00. The two averages have converged at ৳65.32 and ৳65.19, with price ৳66.40 just above. MACD (0.88) has crossed back above its signal (0.58), its first positive gap since spring.

Daily Sideways

Range ৳60.8–৳70.0 since March; price ৳66.40 above the 50-day (৳64.44) and 200-day (৳64.31), which are converging.
Daily, ~1 year: SMA 50/200, volume
Daily, ~1 year: SMA 50/200, volume. Chart: TradingView.

Each candle is one trading day over 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 ran from ৳54.87 in late December to ৳77.91 on 25 February, then fell back and has stayed between ৳60.80 (July) and ৳70.00 (June). From a ৳61.50 low in September it climbed steadily to ৳68.90 on 25 October and now sits at ৳66.40. The two averages have almost met at ৳64.44 and ৳64.31.

Hourly Down

Below the 20- and 50-hour averages (৳67.30 / ৳67.12) after slipping from ৳68.50; hourly RSI 31.3.
Hourly, ~2 months: EMA 20/50, RSI 14, volume
Hourly, ~2 months: EMA 20/50, RSI 14, volume. Chart: TradingView.

Each candle is one trading hour over about two months. The orange and blue lines are 20- and 50-hour exponential averages, which weight recent prices more; RSI is below. Price rose in a steady staircase from about ৳61.50 in mid-September to ৳68.90 on 25 October, staying above both averages throughout. In the last sessions it slipped from ৳68.50 to ৳66.40, falling under both averages (৳67.30 and ৳67.12). Hourly RSI is 31.3, its lowest reading in two months.

Momentum and volume

The October rally has cooled. RSI fell from near 77, a stretched reading, to a neutral 52.7, and MACD has just crossed under its signal line. ADX at 35.0 still shows a trend in place, with buyers' directional reading ahead of sellers'. Volume on the pullback is about average (0.98x), so selling has not been heavy.

RSI (14)
52.7
Neutral
Dropped from near 77 in late October.
MACD (12,26,9)
0.84 / 0.88
Crossed below signal
Histogram -0.03, first negative reading since September.
ADX (14)
35.0
Trend present
+DI 29.7 still above -DI 23.8, gap narrowing.
Bollinger (20,2)
64.57–68.41
At middle band
Close ৳66.40 at the ৳66.49 middle band.
Volume vs average
0.98x
Average
Pullback on ordinary volume, not a selling surge.
Daily, ~6 months: Bollinger Bands 20/2, RSI, MACD, ADX/DMI
Daily, ~6 months: Bollinger Bands 20/2, RSI, MACD, ADX/DMI. Chart: TradingView.

Each candle is one trading day over about six months. The shaded Bollinger Bands mark a typical range around the 20-day average (now ৳64.57 to ৳68.41). RSI gauges strength from 0 to 100, MACD tracks whether momentum is building or fading, and ADX/DMI shows trend strength and direction. Price rode the upper band from mid-September to a ৳68.90 high on 25 October, then fell back to the ৳66.49 middle band. RSI dropped from near 77 to 52.7, MACD slipped just under its signal, and ADX is 35.0 with +DI (29.7) above -DI (23.8).

What would change the picture

The scenario cards describe price conditions and what each would change in the chart's structure. They are not forecasts and do not say which will happen. They mark the levels where the current picture would shift, so a reader can later check which condition, if any, was met.

If Daily close above ৳70.00
Price would clear the June–October ceiling of the range, leaving ৳77.91 as the next marked level.
If Daily close below ৳66.00
The October shelf would give way, putting price in the lower half of the Bollinger range.
If Daily close below ৳64.30
Price would be under both the 50- and 200-day averages again, as in August–September.
If Daily close below ৳60.80
The floor of the March–October range would break.

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.

DateChangeCloseNext 5 daysNext 20 daysNext 60 days
2026-11-01MACD crossed below its signal line৳66.40
2026-10-29RSI fell back below 70৳67.50
2026-10-27RSI rose to 70 or above৳68.00
2026-10-26RSI fell back below 70৳67.40
2026-10-19RSI rose to 70 or above৳67.60+0.9%
2026-10-01RSI fell back below 70৳65.70+1.1%
2026-09-30RSI rose to 70 or above৳65.90+0.2%+0.8%
2026-09-16Trend label changed from Downtrend to Sideways৳63.20+2.1%+4.4%
2026-09-15MACD crossed above its signal line৳62.40+2.1%+5.9%
2026-09-13MACD crossed below its signal line৳61.70+3.7%+7.1%
2026-09-06MACD crossed above its signal line৳62.40-1.1%+4.2%
2026-08-19MACD crossed below its signal line৳62.80+0.6%+1.8%
2026-08-16Trend label changed from Sideways to Downtrend৳63.90-1.9%-3.1%
2026-08-11Trend label changed from Downtrend to Sideways৳64.60-2.6%-3.6%
2026-07-14MACD crossed above its signal line৳64.80-1.4%-0.3%+2.5%
2026-07-09RSI rose back above 30৳61.80+4.5%+3.2%+5.2%
2026-07-08RSI fell to 30 or below৳61.30+6.5%+3.6%+6.0%
2026-07-05MACD crossed below its signal line৳64.10-1.2%-0.6%+0.8%
2026-06-30Volume three times or more its 20-day average৳65.50-6.4%-2.4%-1.7%
2026-06-28MACD crossed above its signal line৳66.70-3.7%-3.0%-3.3%
2026-06-22MACD crossed below its signal line৳65.30+1.5%-2.1%-2.1%
2026-06-07Trend label changed from Sideways to Downtrend৳67.80-0.6%-5.3%-7.8%
2026-06-01MACD crossed above its signal line৳68.40-2.0%-4.2%-8.5%
2026-05-2750-day average crossed below the 200-day average৳67.30+0.9%-3.0%-7.0%
2026-05-24RSI rose back above 30৳67.30+0.0%-3.0%-6.7%
2026-05-18Closed below the 200-day average৳63.80+5.5%+3.6%+0.9%
2026-05-18MACD crossed below its signal line৳63.80+5.5%+3.6%+0.9%
2026-05-18RSI fell to 30 or below৳63.80+5.5%+3.6%+0.9%
2026-05-18Closed below the nearest support level৳63.80+5.5%+3.6%+0.9%
2026-05-14Trend label changed from Uptrend to Sideways৳73.10-7.9%-8.1%-11.6%
2026-05-13Trend label changed from Sideways to Uptrend৳73.50-12.9%-8.3%-12.1%
2026-05-13MACD crossed above its signal line৳73.50-12.9%-8.3%-12.1%
2026-05-12MACD crossed below its signal line৳71.90-11.7%-7.1%-10.4%
2026-04-08MACD crossed above its signal line৳73.20-3.4%-0.5%-12.3%
2026-04-08Closed above the nearest resistance level৳73.20-3.4%-0.5%-12.3%
2026-04-07Closed above the 200-day average৳69.10+1.6%+5.5%-7.2%
2026-04-05Closed below the 200-day average৳67.30+7.9%+9.8%-2.7%
2026-04-02Closed below the nearest support level৳69.50+3.3%+5.3%-4.6%
2026-04-01Closed above the 200-day average৳71.60+2.2%+2.0%-6.8%
2026-04-01RSI rose back above 30৳71.60+2.2%+2.0%-6.8%
2026-04-01Closed above the nearest resistance level৳71.60+2.2%+2.0%-6.8%
2026-03-31RSI fell to 30 or below৳67.00+3.1%+9.0%-2.5%
2026-03-30Closed below the 200-day average৳68.20+0.0%+8.4%-4.7%
2026-03-15Trend label changed from Uptrend to Sideways৳75.60-0.4%-4.0%-11.4%
2026-03-10Trend label changed from Sideways to Uptrend৳78.90-4.6%-12.4%-13.9%
2026-03-10Closed above the nearest resistance level৳78.90-4.6%-12.4%-13.9%
2026-03-09Closed above the nearest resistance level৳74.30+1.3%-8.2%-7.1%
2026-03-08Trend label changed from Uptrend to Sideways৳70.70+6.9%-4.8%-3.3%

Signal history for this stock

How often the price was higher 20 trading days after each signal, on this stock, since our records start. Small counts mean little; costs are not included.

SignalTimesHigher after 20 daysMedian move
MACD crossed above its signal line1644%-0.3%
MACD crossed below its signal line1547%-0.6%
RSI rose to 70 or above967%+0.8%
Closed below the nearest support level862%+3.6%
RSI fell back below 70850%+1.7%
New 52-week closing high862%+2.3%
Closed above the nearest resistance level743%-0.5%
Closed below the 200-day average683%+9.4%
RSI rose back above 30580%+3.2%
RSI fell to 30 or below5100%+5.9%
Closed above the 200-day average580%+5.5%
50-day average crossed below the 200-day average250%+22.0%
50-day average crossed above the 200-day average1100%+18.6%