Bangladesh Shipping Corporation (BSC) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
Bangladesh Shipping Corporation (BSC) had a strong run in July 2026, climbing from about ৳112 to a high of ৳131.4 on very heavy trading. Since then the price has fallen almost every week and now sits at ৳101.90, about 22% below that peak. It is under its 50-day average (the average closing price of the last 50 trading days, ৳109.49) and under its 200-day average (the same for the last 200 days, ৳110.86); the shorter one has just dipped below the longer one, which is how a fading trend usually looks on a chart. The price is now sitting on a floor around ৳100.0–100.7, the lows from May and late October. Below that, the lowest price of the past year was ৳96.6 in November 2025. Above, ৳104.5 (last week's bounce high) and the ৳109.5–111.8 zone where the averages sit are the levels the price has to get back through.
Key levels
Support is a price where buyers have stepped in before; resistance is where sellers have. For BSC, ৳100.0–100.7 held twice, in May and on October 25, and both times the price bounced. Above, the October 28 bounce stopped at ৳104.5, and the ৳109.5–111.8 area, where the long averages and September highs sit, capped every rally in September and October.
Trend on each timeframe
The monthly chart still shows a broad sideways range between about ৳100 and ৳131 since mid-2025, so the longest view is not yet broken. The weekly, daily and hourly charts all point down: lower highs, prices under their averages and momentum below zero. The disagreement is only about scale: the fall is clear on shorter charts but has not left the long-term range.
Monthly Sideways
Each candle is one month, covering about ten years. The orange line is the 12-month simple average (৳109.61), the lower panel is RSI (47.0) and the bottom panel is volume. The 2022 surge took price to ৳173, followed by a long decline to a ৳53.1 low in October 2024. A recovery in July 2025 lifted it back above ৳110, and July 2026 touched ৳131.4. Since then three red months have brought price back to ৳101.90, below the 12-month line, with volume shrinking each month.
Weekly Down
Each candle is one week. The orange line is the 10-week average (৳108.20) and the blue line the 40-week average (৳110.76); MACD is in the middle panel and volume at the bottom. After the July 2026 spike to ৳131.4 on about 12.7 million shares, the weekly closes have stepped lower almost every week, to ৳101.90 now. The 10-week line has turned down through the 40-week line, and MACD (−1.79) sits below its signal line (−0.18), both below zero. Weekly volume has faded to well under one million shares.
Daily Down
Each candle is one trading day over about a year. The green line is the 50-day average (৳109.49) and the purple line the 200-day average (৳110.86); volume is below. Price ran from ৳100.0 in May to ৳131.4 in mid-July on volume up to 3.9 million shares a day, then drifted lower through August to October. In late October it broke under ৳105 and touched ৳100.7. The 50-day line is now just below the 200-day line, and price sits under both. Recent daily volume is around 110–250 thousand shares.
Hourly Down
Each candle is one hour of trading over roughly the last two months. The orange line is the 20-hour exponential average (৳102.88), the blue line the 50-hour average (৳104.12), RSI (40.2) is in the middle panel and volume below. Price slid steadily from about ৳114 in early September, dipped to ৳100.7 on October 25, then bounced to ৳104.5 on October 28. Today it fell from ৳103.9 to ৳101.0 within the session and closed at ৳101.90, back under both averages.
Momentum and volume
Selling pressure has been steady. RSI at 33.3 shows the stock is near oversold, meaning it has fallen quickly. MACD is below zero and below its signal line, and ADX above 30 says the downward move has real strength. Volume on Sunday was 1.4 times its recent average, but daily trading is still far quieter than during July's surge.
Each candle is one day over about six months. The shaded channel is the Bollinger Band (20-day average ৳106.08, bands ৳100.96 and ৳111.19), which marks how far price usually strays from its average. Below are RSI (33.3), MACD (−2.22 versus a −1.94 signal) and ADX/DMI (ADX 30.9, −DI 29.6, +DI 9.8). After the July peak price rode the lower half of the band down; in late October it pushed through the lower band and RSI briefly fell under 30. ADX has risen above 30, showing the decline has gained strength.
What would change the picture
The scenario cards describe what certain closing prices would mean for the chart's structure. They are conditions to watch, not predictions: none of them says what will happen, only how the picture would change if the price did close beyond each level.
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 | Trend label changed from Sideways to Downtrend | ৳101.90 |
- 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.