DSE : BXPHARMA

Beximco Pharmaceuticals PLC. (BXPHARMA) technical report

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

৳144.30+0.4%
Daily trend: SidewaysWeekly trend: SidewaysStrength: WeakVolatility: LowLiquidity: High
Beximco Pharma closed at ৳144.30, mid-way in a four-month sideways range below its July high of ৳158.5.
The long-term trend from the ৳99.5 lows is intact, with price well above the 200-day average. Shorter-term momentum has gone flat, and price sits just under the 50-day average.
✦ Analyst agent's read
Range
After the June–July rally to ৳158.5, price has moved sideways between ৳138.5 and ৳154.5, holding above the rising 200-day average.
ClarityMixed
Key level৳138.50 (below)
October 6 low, floor of the post-July range
From TradingView charts on four timeframes. Describes structure; not a forecast or advice.

In plain words

Beximco Pharmaceuticals spent late 2025 near ৳100, then rallied strongly in June and July 2026 to a high of ৳158.5 on very heavy trading. Since then the price has moved sideways, mostly between ৳142 and ৳150, with an extreme low of ৳138.5 on October 6 and a high of ৳154.5 in early September. It now trades at ৳144.30. That is well above its 200-day average (the average closing price of the last 200 trading days, ৳130.91), which is still rising, so the longer-term climb from the lows is intact. But it is just under its 50-day average (the average of the last 50 days, ৳146.34), which has gone flat. The levels that matter are ৳147.9 and ৳154.5 above, and ৳142.0 and ৳138.5 below.

Key levels

Support is a price where buyers have stepped in before; resistance is where sellers have. On Beximco Pharma, ৳138.5 stopped the October 6 sell-off and ৳142.0 held twice in late October. On the upside, rallies stalled at ৳147.9 in October and ৳154.5 in September, each lower than the July peak of ৳158.5.

৳158.50
Resistance: July high
52-week high set on July 9.
+9.8%
৳153.60–154.50
Resistance: Early September high
Lower high after July; top of the current range.
+6.8%
৳146.30–147.90
Resistance: 50-day average / October highs
50-day ৳146.34 plus October 15 high ৳147.9.
+1.9%
৳144.30
Last close
৳142.00
Support: Late-October low
Held on October 22 and 23.
-1.6%
৳138.50
Support: October 6 low
Floor of the post-July range.
-4.0%
৳130.90
Support: 200-day average
Rising long-term average, ৳130.91.
-9.3%

Trend on each timeframe

The monthly chart shows a rising market since the 2024 low, with price above its 12-month average. The weekly and daily charts show the rally has paused into a flat range, and the hourly chart is directionless around ৳144. So the long view is up, while the shorter views have gone sideways; they disagree on direction, not on the overall uptrend's survival.

Monthly Up

Higher lows since ৳64.2 in 2024; close ৳144.30 above the 12-month average ৳130.84; monthly RSI 59.
Monthly, ~10 years: SMA 12, RSI 14, volume
Monthly, ~10 years: SMA 12, RSI 14, volume. Chart: TradingView.

Each candle is one month over about ten years. The orange line is the 12-month simple average (৳130.84), RSI (59.1) is in the middle panel and volume below. After a 2021 peak near ৳260, the stock slid to a ৳64.2 low in October 2024. Since then it has made higher lows and climbed above the 12-month line, with June 2026 the heaviest month at about 48 million shares. The last four months have been small candles between ৳138.5 and ৳158.5, staying above the rising average.

Weekly Sideways

Flat since July; just below SMA 10 (৳147.04), well above SMA 40 (৳134.32); MACD 4.36 under its 6.03 signal.
Weekly, ~4 years: SMA 10/40, MACD, volume
Weekly, ~4 years: SMA 10/40, MACD, volume. Chart: TradingView.

Each candle is one week. The orange line is the 10-week average (৳147.04), the blue line the 40-week average (৳134.32); MACD is in the middle panel and volume at the bottom. Price rose from about ৳110 in May to ৳158.5 in July on weekly volume near 20 million shares. Since then candles have been narrow and sideways around ৳143–150. The 10-week line has flattened just above price while the 40-week line keeps rising underneath. MACD remains positive (4.36) but has dipped under its signal (6.03).

Daily Sideways

Below the flat 50-day SMA ৳146.34, far above the rising 200-day ৳130.91; range ৳138.5–154.5 since August.
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 (৳146.34), the purple line the 200-day average (৳130.91); volume is below. The stock climbed from ৳99.5 lows in late 2025 to ৳158.5 on July 9, with daily volume up to 5.1 million shares in June. Since then it has moved sideways: a ৳154.5 high in early September and a ৳138.5 low on October 6. The 50-day line has flattened and price sits just under it, while the 200-day keeps rising.

Hourly Sideways

Price ৳144.30 is on EMA 20 (৳144.01) and EMA 50 (৳144.29), both flat; range ৳142.0–147.9 for three weeks.
Hourly, ~2 months: EMA 20/50, RSI, volume
Hourly, ~2 months: EMA 20/50, RSI, volume. Chart: TradingView.

Each candle is one hour of trading over roughly two months. The orange line is the 20-hour exponential average (৳144.01), the blue line the 50-hour average (৳144.29), RSI (51.7) is in the middle panel and volume below. Price eased from about ৳153 in early September to a sharp dip to ৳138.5 on October 6, then recovered to the mid-140s. For three weeks it has swung between ৳142.0 and ৳147.9, with the two averages tangled together and RSI near 50.

Momentum and volume

Momentum is neutral. RSI near 48 sits in the middle of its scale, MACD is close to zero, and ADX at about 13 says there is no strong trend in either direction. The Bollinger Bands have tightened, meaning daily price swings have shrunk. Trading volume is about average and far below June's levels.

RSI (14)
47.7
Neutral
Mid-range; recovered from the low-30s dip on October 6.
MACD (12,26,9)
-0.70
Flat
Just above signal (−0.74), both near zero; histogram 0.04.
ADX (14)
12.9
No trend
Low reading; −DI 21.0 slightly above +DI 17.2.
Bollinger (20,2)
140.96–147.27
Narrow, mid-band
Close ৳144.30 near the ৳144.12 middle band; bands tight.
Volume vs 20-day
1.03x
Average
381,201 shares, in line with recent days, far below June.
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 day over about six months. The shaded channel is the Bollinger Band (middle ৳144.12, bands ৳140.96 and ৳147.27), which shows the usual distance from the 20-day average. Below are RSI (47.7), MACD (−0.70 versus −0.74 signal) and ADX/DMI (ADX 12.9, +DI 17.2, −DI 21.0). The June–July rally pushed the bands wide and RSI above 70. Since August the bands have narrowed steadily, MACD has flattened near zero and ADX has fallen to about 13, the picture of a market without a clear direction.

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: each one only shows how the picture would change if the price did close beyond that level.

If Daily close above ৳147.9
Would put price back over the 50-day average and October highs, toward the range top.
If Daily close above ৳154.5
Would clear the September high and leave the July ৳158.5 peak as the next reference.
If Daily close below ৳142.0
Would break the late-October floor inside the range.
If Daily close below ৳138.5
Would break the bottom of the four-month range, with the 200-day average near ৳130.9 below.

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 above its signal line৳144.30
2026-10-28MACD crossed below its signal line৳143.00
2026-10-15MACD crossed above its signal line৳145.80-0.8%
2026-09-16MACD crossed below its signal line৳148.70+0.5%-2.6%
2026-09-13Trend label changed from Uptrend to Sideways৳148.70-0.7%-3.7%
2026-09-03Trend label changed from Sideways to Uptrend৳153.20-1.5%-3.9%
2026-09-03Closed above the nearest resistance level৳153.20-1.5%-3.9%
2026-09-02MACD crossed above its signal line৳148.00+2.1%-0.3%
2026-08-20Trend label changed from Uptrend to Sideways৳146.50-0.5%+0.8%
2026-08-19Trend label changed from Sideways to Uptrend৳147.00-1.4%+0.1%
2026-08-18Trend label changed from Uptrend to Sideways৳145.30-0.8%+2.3%
2026-07-16MACD crossed below its signal line৳153.30-3.4%-3.8%-6.1%
2026-07-16RSI fell back below 70৳153.30-3.4%-3.8%-6.1%
2026-07-14RSI rose to 70 or above৳155.40-2.7%-6.6%-6.9%
2026-07-14New 52-week closing high৳155.40-2.7%-6.6%-6.9%
2026-07-12RSI fell back below 70৳150.70+1.1%-2.8%-7.4%
2026-07-07New 52-week closing high৳155.00+0.3%-6.5%-5.0%
2026-07-05RSI rose to 70 or above৳150.60+0.1%+0.2%-2.3%
2026-07-05New 52-week closing high৳150.60+0.1%+0.2%-2.3%
2026-07-05Closed above the nearest resistance level৳150.60+0.1%+0.2%-2.3%
2026-06-24RSI fell back below 70৳141.90+2.4%+4.4%+3.2%
2026-06-23New 52-week closing high৳145.90-3.6%+3.6%+1.2%
2026-06-18Volume three times or more its 20-day average৳141.70-1.6%+7.6%+5.6%
2026-06-17New 52-week closing high৳134.70+5.3%+13.8%+9.6%
2026-06-15RSI rose to 70 or above৳131.00+9.2%+18.6%+15.2%
2026-06-15Closed above the nearest resistance level৳131.00+9.2%+18.6%+15.2%
2026-06-15Volume three times or more its 20-day average৳131.00+9.2%+18.6%+15.2%
2026-06-07MACD crossed above its signal line৳127.00-0.6%+18.1%+16.5%
2026-05-21Closed above the nearest resistance level৳122.40-0.3%+18.7%+18.7%
2026-05-19MACD crossed below its signal line৳119.50+2.1%+12.7%+23.4%
2026-05-06RSI fell back below 70৳123.90+0.6%-0.8%+21.8%
2026-05-05Trend label changed from Sideways to Uptrend৳126.00-1.3%-2.6%+19.8%
2026-05-05MACD crossed above its signal line৳126.00-1.3%-2.6%+19.8%
2026-05-05RSI rose to 70 or above৳126.00-1.3%-2.6%+19.8%
2026-05-05Closed above the nearest resistance level৳126.00-1.3%-2.6%+19.8%
2026-05-05Volume three times or more its 20-day average৳126.00-1.3%-2.6%+19.8%
2026-05-04Closed above the 200-day average৳117.00+3.0%+5.1%+25.7%
2026-05-03Closed below the 200-day average৳114.20+6.6%+6.8%+30.2%
2026-04-29Closed above the 200-day average৳114.80+7.9%+6.3%+28.9%
2026-04-28Closed below the 200-day average৳114.00+10.5%+7.0%+29.9%
2026-04-28MACD crossed below its signal line৳114.00+10.5%+7.0%+29.9%
2026-04-08MACD crossed above its signal line৳119.70-2.2%+3.5%+25.8%
2026-04-08Closed above the nearest resistance level৳119.70-2.2%+3.5%+25.8%
2026-03-18Trend label changed from Uptrend to Sideways৳117.80-0.8%-0.6%+6.3%
2026-03-16Trend label changed from Sideways to Uptrend৳117.80+0.0%-2.4%+5.2%
2026-03-15Trend label changed from Uptrend to Sideways৳116.40+1.2%+0.7%+7.0%
2026-03-11Trend label changed from Sideways to Uptrend৳117.50+0.3%+1.9%+4.6%
2026-03-09Closed above the nearest resistance level৳114.90+2.5%-0.8%+7.0%
2026-03-05Trend label changed from Uptrend to Sideways৳114.80+4.7%+1.1%+6.3%
2026-03-03MACD crossed below its signal line৳118.90-2.9%-5.6%+2.6%
2026-03-03Closed below the nearest support level৳118.90-2.9%-5.6%+2.6%
2026-03-01RSI fell back below 70৳128.70-14.1%-11.3%-5.2%
2026-02-25MACD crossed above its signal line৳126.70-6.7%-7.7%-6.2%
2026-02-25RSI rose to 70 or above৳126.70-6.7%-7.7%-6.2%
2026-02-24MACD crossed below its signal line৳123.00-3.3%-5.1%-2.8%

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
Closed above the nearest resistance level1656%+1.1%
MACD crossed below its signal line1457%+2.5%
MACD crossed above its signal line1354%+1.1%
RSI fell back below 701331%-2.8%
RSI rose to 70 or above1346%-0.5%
New 52-week closing high757%+0.2%
Closed above the 200-day average5100%+6.3%
Closed below the 200-day average4100%+11.8%
Closed below the nearest support level450%+4.9%
50-day average crossed above the 200-day average10%-8.1%