The Dacca Dyeing & Manufacturing Company Limited (DACCADYE) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
Dacca Dyeing's share price has been easing lower for most of 2026. It jumped briefly to ৳22.90 in mid-February, then slid to around ৳15 by May. A June rally reached ৳18.40 but faded, and each later bounce has stopped at a lower price than the one before. Since late September the stock has moved in a narrow band between ৳14.40 and ৳16.10, and it closed today at ৳14.80, down 3.9%. It is below its 50-day average (the average closing price of the last 50 trading days, ৳15.55) and its 200-day average (the average of the last 200 trading days, ৳16.54), and both averages are pointing down. That means the longer-term direction is still downward. The levels that matter most are the ৳14.40–14.70 floor, where buyers have stepped in several times, and the ৳16.10–16.70 ceiling, where the October highs and the 200-day average sit. Trading volume is about half its usual level, so moves are happening without much participation.
Key levels
Support is a price where buying has stopped falls before; resistance is where selling has capped rises. For this stock, ৳14.60–14.70 held in May and again in October, and ৳14.40 was the September 28 low. Overhead, ৳16.10 turned price back in October, and ৳16.50–16.70 combines September highs with the 200-day average.
Trend on each timeframe
The monthly chart shows a wide range since 2025 (৳13.20 to ৳23.50), with price now below its 12-month average. The weekly chart has lower highs and sits under both averages. The daily chart confirms the downtrend, while the hourly chart is flat. The short-term picture is sideways; the longer ones lean down.
Monthly Sideways
Each candle is one month, covering about ten years. The orange line is the 12-month simple moving average (average close of the last 12 months), now ৳16.52; the lower panels show RSI (14), a 0–100 momentum gauge at 45.7, and monthly volume. The stock bottomed near ৳2.80 in 2019–2020, rallied to ৳29.50 in 2021, fell back to ৳7.90 in 2024, then recovered to ৳23.50 in September 2025. Since then monthly closes have eased from ৳20.50 to ৳14.80, now below the 12-month line.
Weekly Down
Each candle is one week, covering about four years. The orange line is the 10-week average (৳15.55) and the blue line the 40-week average (৳16.51), which has turned down. The MACD panel tracks the gap between two averages; it is at −0.47, below its signal line at −0.38. After a ৳22.90 high in February 2026, weekly highs stepped down to ৳18.40 in June and ৳16.10 in October. This week trades at ৳14.80, under both averages, on light volume.
Daily Down
Each candle is one trading day, covering about a year. The green line is the 50-day average (৳15.55) and the purple line the 200-day average (৳16.54); both slope down. Price spiked to ৳22.90 on February 16 on 2.66 million shares, then declined to ৳14.80 by May, bounced to ৳18.40 in June, and has since made lower highs. Since late September the stock has held between ৳14.40 and ৳16.10. Today it closed at ৳14.80, down 3.9%, on 45,865 shares.
Hourly Sideways
Each candle is one trading hour, covering about two months. The orange line is the 20-hour exponential average (৳15.13) and the blue line the 50-hour one (৳15.16); exponential averages give more weight to recent prices. Price fell from about ৳16.90 in early September to a ৳14.40 low in late September, then traded sideways between roughly ৳14.60 and ৳16.10. The averages have flattened and price is now just under them. Hourly RSI is 46.7, neutral, and volume is thin.
Momentum and volume
Momentum readings are subdued rather than strongly negative. RSI at 43.5 shows sellers slightly ahead, MACD is flat, and ADX at 13.7 says there is little trend force right now. Bollinger Bands are narrow, which means price has been unusually calm. Volume at half its average shows limited interest from either side.
Each candle is one trading day over about six months. Bollinger Bands (20, 2) wrap price around its 20-day average (৳15.16), with bands at ৳14.65 and ৳15.66; they widened during June's jump to ৳18.40 and have narrowed since. RSI (14) is at 43.5, below the 50 midline. MACD at −0.16 sits on its signal at −0.17, so the histogram is flat. ADX (14) at 13.7 is low, meaning no strong trend in either direction, with −DI 16.3 just above +DI 15.9. Price has slid from ৳18.40 to ৳14.80 since June.
What would change the picture
The scenario cards describe what certain price moves would mean for the chart's structure. They are conditions to watch, not predictions; none of them says which way the price will go, only how the picture would change if a level is crossed on a daily close.
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 | ৳14.80 | |||
| 2026-10-29 | MACD crossed above its signal line | ৳15.40 |
- 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.