Desh General Insurance Company Limited (DGIC) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
Desh General Insurance (DGIC) spent most of 2025 and early 2026 trading near ৳20, touching ৳16.90 in November 2025 and ৳17.90 in March 2026. From May the price began climbing in steps: to ৳37.30 in July, back to ৳29.20 in early September, then a sharp jump to ৳43.00 by late September on very heavy trading. Through October it moved sideways between about ৳37.50 and ৳43.00. Today it rose 8.2% to ৳44.80, the highest close of the past year, with almost 2 million shares traded. The price sits well above its 50-day average (the average closing price of the last 50 trading days, ৳36.27) and its 200-day average (the same over 200 days, ৳27.84). The levels that matter now are ৳45.20, today's high, and the ৳42.40-৳43.00 zone, the old October ceiling that price has just moved above. Below that, ৳37.50 marks the bottom of the October range.
Key levels
Support is a price where buying has stopped falls before; resistance is where selling has capped rises. For DGIC, ৳43.00 capped the stock in late September and again in October, and today price closed above it. The October lows near ৳37.50 held three separate dips. ৳45.20, today's high, is the only nearby level above price.
Trend on each timeframe
All four views point the same way. The monthly chart shows a turn from a multi-year decline into five rising months. The weekly chart has price above both rising averages. The daily chart shows a breakout after a month of sideways trade. The hourly chart is the most stretched, with RSI above 77 after today's fast climb.
Monthly Up
Each candle is one month, covering DGIC since its 2021 listing. The orange line is the 12-month simple moving average (the average monthly close of the past year), now ৳29.38; the lower panel is RSI(14), a 0-100 momentum gauge, at 72.6. After the 2021 spike to ৳56.80 the stock slid for years to a ৳16.90 low in November 2025. From May 2026 it climbed every month, with monthly volume reaching 18.5M in June and 19.5M in September, and now trades at ৳44.80, well above the average.
Weekly Up
Each candle is one week, about four years of history. The orange line is the 10-week average (৳38.06) and the blue line the 40-week average (৳29.06); both now slope up. The MACD panel compares a fast and slow average of price: the MACD line at 4.30 is above its signal line at 3.59. The week of 20 September broke out from ৳30.20 to ৳39.40 on 10.6M shares, the heaviest weekly volume shown. Four weeks of sideways trade between ৳37.50 and ৳43.00 followed before this week's close at ৳44.80.
Daily Up
Each candle is one trading day, covering roughly the past year. The green line is the 50-day average (৳36.27) and the purple line the 200-day average (৳27.84), the average close of the last 200 trading days. Price hovered near ৳20 until April, then climbed in steps: to ৳37.30 in July, a pullback to ৳29.20 in September, then a surge to ৳43.00 on volumes up to 3.1M a day. After a month between ৳37.50 and ৳43.00, today's bar closed at ৳44.80 (high ৳45.20) on 1.98M shares.
Hourly Up
Each candle is one hour of trading, covering about eight weeks. The orange line is the 20-hour exponential average (৳41.91) and the blue line the 50-hour one (৳40.95); the RSI panel reads 77.5. In late September price ran from ৳30 to ৳43.00, then drifted between ৳37.50 and ৳42.70 through October. Today it jumped from ৳42.00 to ৳44.30 in the second hour on 600K shares and finished at ৳44.80 after a ৳45.20 high.
Momentum and volume
Momentum readings are firm. RSI at 67.7 shows buyers have been in control over the past two weeks without yet reaching the 70 overbought mark. MACD has just turned back up, and ADX at 30.7 says the trend is well defined. Volume was more than double its usual level, so today's rise had broad participation.
Each candle is one day over about six months. The shaded channel is the Bollinger Bands: a 20-day average (৳40.42) with bands two standard deviations above (৳43.45) and below (৳37.40), which widen when price swings grow. Today's close at ৳44.80 sits above the upper band. RSI reads 67.7, MACD 1.41 just crossed above its 1.38 signal, and the DMI panel shows ADX at 30.7 with buying pressure (+DI 31.3) far ahead of selling pressure (-DI 12.2). The September surge pushed RSI near 78 before October cooled it toward 50.
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: they say what a move through a level would change, not whether that move will happen.
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 | MACD crossed above its signal line | ৳44.80 | |||
| 2026-11-01 | New 52-week closing high | ৳44.80 | |||
| 2026-11-01 | Closed above the nearest resistance level | ৳44.80 |
- 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.