DSE : DBH

DBH Finance PLC. (DBH) technical report

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

৳37.90-2.6%
Daily trend: SidewaysWeekly trend: SidewaysStrength: StrongVolatility: LowLiquidity: Low
DBH Finance dropped 2.6% to ৳37.90, closing below its 200-day average and the bottom of its October range.
After peaking at ৳45.20 in August, the stock has drifted lower and today broke under ৳38.50 and the 200-day average. Daily momentum is weak with ADX 35.8 favouring sellers, though the monthly picture is still a broad range.
✦ Analyst agent's read
Breakdown
Today's close ৳37.90 fell below the 200-day average and the lower Bollinger band, ending a two-month drift from ৳45.20.
ClarityMixed
Key level৳39.40 (above)
200-day average ৳39.39 and the October range ceiling
From TradingView charts on four timeframes. Describes structure; not a forecast or advice.

In plain words

DBH Finance spent the first half of 2026 recovering. From a low of ৳31.50 in November 2025, the price climbed to ৳45.20 by mid-August, helped by heavy trading in June and July. Since late August it has slipped back, first to ৳40–41 in September, then to a tight band of about ৳38.50 to ৳40.20 through October. Today the price fell 2.6% to ৳37.90, after touching ৳36.80 during the session. That close is below the 200-day average (the average closing price of the last 200 trading days, ৳39.39), a line the stock had stayed above since May. The 50-day average (the last 50 days, ৳40.15) is now pointing down. The levels that matter are ৳38.50–39.40 overhead, the old October floor plus the 200-day average, and ৳36.00–36.80 below, today's low and the April lows. Today's volume was below average.

Key levels

Support is a price where falls have stopped before; resistance is where rises have stalled. On DBH, ৳38.50 acted as support through October but gave way today, so it now sits above as resistance with the 200-day average at ৳39.39. Below, ৳36.00 held in March and April, and ৳34.00 was the March 8 low.

৳45.20
Resistance: 52-week high
August 18 high after July's high-volume rally.
+19.3%
৳40.00–40.20
Resistance: SMA 50 / October highs
SMA 50 ৳40.15; October 12 high ৳40.20.
+5.8%
৳38.50–39.40
Resistance: October range / SMA 200
Old floor ৳38.50 and 200-day average ৳39.39.
+2.8%
৳37.90
Last close
৳36.80
Support: Today's low
Intraday low on November 1.
-2.9%
৳36.00–36.10
Support: April lows
March 30 and April 5 lows held.
-4.9%
৳34.00
Support: March low
March 8 low; below that, ৳31.50 52-week low.
-10.3%

Trend on each timeframe

The monthly chart still shows a broad base between about ৳28 and ৳45 that has lasted since 2024. The weekly chart has rolled over, with price under both averages and MACD crossing down. The daily and hourly charts both point down. The disagreement is between the long-term base and the shorter-term decline.

Monthly Sideways

Base between ৳28 and ৳45 since 2024; price ৳37.90 just under 12-month SMA ৳38.78.
Monthly, ~10 years: SMA 12, RSI, volume
Monthly, ~10 years: SMA 12, RSI, volume. Chart: TradingView.

Each candle is one month, covering about ten years. The orange line is the 12-month simple moving average, now ৳38.78; below are RSI (14) at 46.2 and monthly volume. DBH traded near ৳90–115 in 2018–2019, then fell for five years, reaching about ৳28 in mid-2024 on heavy volume. Since then it has built a base, with highs near ৳45 in 2024 and again in August 2026 at ৳45.20. This month's ৳37.90 sits just under the 12-month line.

Weekly Down

Below SMA 10 ৳39.73 and SMA 40 ৳39.70; MACD −0.15 under signal 0.40.
Weekly, ~3 years: SMA 10/40, MACD, volume
Weekly, ~3 years: SMA 10/40, MACD, volume. Chart: TradingView.

Each candle is one week, covering about three years. The orange line is the 10-week average (৳39.73) and the blue line the 40-week average (৳39.70); the two have converged. MACD at −0.15 has crossed below its signal at 0.40, showing fading upward momentum. From June to August 2026 the stock climbed from ৳37.30 to ৳45.20 on weekly volume up to 4.9 million shares. Since then eleven weeks have mostly closed lower, and this week trades at ৳37.90, under both averages.

Daily Down

Closed below SMA 200 ৳39.39; SMA 50 ৳40.15 falling; low ৳36.80 today.
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 (৳40.15), now falling, and the purple line the 200-day average (৳39.39), still rising slowly. Price rose from ৳31.50 in November 2025 to ৳45.20 on August 18, 2026, with volume spikes up to 1.9 million shares in July. Since late August it has slipped steadily, holding around ৳38.50–40.20 in October. Today it opened ৳39.10, touched ৳36.80 and closed at ৳37.90, below the 200-day line.

Hourly Down

Below EMA 20 ৳38.66 and EMA 50 ৳38.95; hourly RSI 36.5.
Hourly, ~2 months: EMA 20/50, RSI, volume
Hourly, ~2 months: EMA 20/50, RSI, volume. Chart: TradingView.

Each candle is one trading hour over about two months. The orange line is the 20-hour exponential average (৳38.66) and the blue line the 50-hour one (৳38.95); both slope down. Price has drifted from about ৳42 in early September to the ৳38.50–39.50 area through October, with the averages acting as a ceiling. Today an hourly drop reached ৳36.80 before price recovered to ৳37.90. Hourly RSI is 36.5, on the weak side. Volume has been light throughout.

Momentum and volume

Selling pressure has the upper hand right now. RSI at 30.5 is at the edge of the oversold zone, meaning the recent fall has been steep relative to rises. ADX at 35.8 shows a firm trend, and the direction indicators confirm it is downward. Price closed below its lower Bollinger band. Volume, though, is below average.

RSI (14)
30.5
Near oversold
Lowest reading in months, at the 30 line.
MACD (12,26,9)
−0.48 / −0.43
Bearish
Line below signal, both below zero.
ADX (14)
35.8
Strong down
−DI 29.3 far above +DI 6.7.
Bollinger (20,2)
৳38.22–40.17
Below lower band
Close ৳37.90 outside the lower band.
Volume vs average
0.79×
Below average
Drop came on lighter than usual volume.
Daily, ~6 months: Bollinger Bands, RSI, MACD, ADX
Daily, ~6 months: Bollinger Bands, RSI, MACD, ADX. Chart: TradingView.

Each candle is one trading day over about six months. Bollinger Bands (20, 2) wrap price around its 20-day average (৳39.20); today's close at ৳37.90 is below the lower band at ৳38.22. RSI (14) fell to 30.5, the edge of the oversold zone. MACD at −0.48 is below its signal at −0.43, both under zero since late August. ADX at 35.8 indicates a strong trend, and −DI at 29.3 versus +DI at 6.7 shows that trend is down. The chart shows a June–August rise to ৳45.20, then a steady slide.

What would change the picture

The scenario cards describe what crossing certain prices on a daily close would mean for the chart's structure. They are conditions to watch, not predictions; they do not say which outcome will happen, only how the picture would change.

If Daily close back above ৳39.40
Would recover the 200-day average and the October range; today's break would be negated.
If Daily close below ৳36.00
Would break the April lows, extending the decline from ৳45.20.
If Daily close above ৳40.20
Would clear the 50-day average and October high, ending the lower-high sequence.

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৳37.90
2026-10-29MACD crossed above its signal line৳38.90