DSE : DHAKAINS

Dhaka Insurance Limited (DHAKAINS) technical report

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

৳42.30+2.9%
Daily trend: SidewaysWeekly trend: SidewaysStrength: ModerateVolatility: LowLiquidity: Low
DHAKAINS rose 2.9% to ৳42.30, back above its 200-day average but still below a falling 50-day average after a three-month pullback.
The stock has slipped from its ৳53.00 August high and spent October between ৳39.60 and ৳42.60. Daily momentum is neutral, the weekly MACD is still weakening, and the hourly chart has just turned up.
✦ Analyst agent's read
Range
Pulled back from ৳53.00 August peak; now between rising 200-day ৳41.58 and falling 50-day ৳43.74, momentum neutral.
ClarityMixed
Key level৳41.58 (below)
200-day average; price just bounced back above it
From TradingView charts on four timeframes. Describes structure; not a forecast or advice.

In plain words

Dhaka Insurance (DHAKAINS) hit a low of ৳30.90 in November 2025, then rose through the first eight months of 2026 to a peak of ৳53.00 in August, when trading was very heavy. Since then the price has eased back: it bounced to ৳48.00 and ৳47.40 without reaching the August high, and through October it drifted lower, touching ৳39.60 on 27 October. Today it rose 2.9% to ৳42.30. That puts it just above the 200-day average (the average closing price of the last 200 trading days, ৳41.58), which is still rising, but below the 50-day average (the same over 50 days, ৳43.74), which has turned down. In plain terms, the longer-term rise is intact but the last three months have been a pullback, and price now sits between those two lines. The levels to watch are ৳43.00-৳43.74 above and ৳41.58 and ৳39.60 below.

Key levels

Support is a price where falls have stopped before; resistance is where rises have stalled. On DHAKAINS, ৳53.00 in August and ৳47.40 in late September each capped rallies. The 200-day average near ৳41.58 acted as a floor through October, and ৳39.60 is the low of that dip. Today's ৳43.00 high and the 50-day average form the nearest ceiling.

৳53.00
Resistance: August 52-week high
Peak of the 2026 advance on heavy volume.
+25.3%
৳47.40–48.00
Resistance: September-October highs
Two lower highs after the August peak.
+12.8%
৳43.00–43.74
Resistance: Today's high / 50-day
Intraday high ৳43.00 and the falling 50-day average.
+2.5%
৳42.30
Last close
৳41.58
Support: 200-day average
Rising long-term average; price closed back above it.
-1.7%
৳39.60
Support: 27 October low
Lowest point of the October pullback.
-6.4%
৳37.00
Support: May low
Base before the June-August advance.
-12.5%

Trend on each timeframe

The pictures disagree. The monthly chart shows a slow recovery from the 2025 low, now sitting near its 12-month average. The weekly chart shows that recovery losing momentum, with MACD below its signal. The daily chart is caught between its two averages. Only the hourly chart has turned up, after three days of rebound.

Monthly Sideways

Price ৳42.30 just above 12-month average ৳41.30; monthly RSI 50.9, neutral after a 2025 base.
Monthly, ~10 years: SMA 12, RSI 14, volume
Monthly, ~10 years: SMA 12, RSI 14, volume. Chart: TradingView.

Each candle is one month, covering about ten years. The orange line is the 12-month simple moving average, the average monthly close of the past year, now ৳41.30; the RSI(14) panel reads 50.9, the middle of its 0-100 scale. The stock peaked at ৳119.40 in June 2021, then declined for years to a ৳30.90 low in November 2025. Since then monthly closes have risen gradually, with August 2026 reaching ৳53.00 on 9.0M shares, before September and October closed lower at ৳46.50 and ৳41.10.

Weekly Sideways

Price ৳42.30 between 10-week ৳43.44 and 40-week ৳42.08; MACD 0.20 below signal 0.91.
Weekly, ~4 years: SMA 10/40, MACD, volume
Weekly, ~4 years: SMA 10/40, MACD, volume. Chart: TradingView.

Each candle is one week over about four years. The orange line is the 10-week average (৳43.44, now turning down) and the blue line the 40-week average (৳42.08, still rising). The MACD panel compares fast and slow price averages: the MACD line at 0.20 is below its signal line at 0.91, so weekly momentum is fading. The week of 9 August reached ৳53.00 on 4.2M shares; since then weekly highs have fallen to ৳47.40 and ৳43.00 while weekly volume dropped below 0.25M in recent weeks.

Daily Sideways

Close ৳42.30 above 200-day ৳41.58 but below falling 50-day ৳43.74; October range ৳39.60 to ৳42.60.
Daily, ~1 year: SMA 50/200, volume
Daily, ~1 year: SMA 50/200, volume. Chart: TradingView.

Each candle is one trading day over roughly a year. The green line is the 50-day average (৳43.74), now curling down, and the purple line the 200-day average (৳41.58), the average close of the last 200 trading days, still rising. Price climbed from ৳30.90 in November 2025 to ৳53.00 in August on volume above 1M shares a day, then made lower highs at ৳48.00 and ৳47.40. In October it slipped under the 50-day line, dipped to ৳39.60 on 27 October, and today closed at ৳42.30 on 44K shares.

Hourly Up

Hourly price ৳42.30 just above EMA 20 ৳41.56 and EMA 50 ৳41.62; RSI 57.3 after reclaiming both.
Hourly, ~8 weeks: EMA 20/50, RSI, volume
Hourly, ~8 weeks: EMA 20/50, RSI, volume. Chart: TradingView.

Each candle is one hour of trading over about eight weeks. The orange line is the 20-hour exponential average (৳41.56) and the blue line the 50-hour one (৳41.62); RSI reads 57.3. Price peaked near ৳47.40 at the start of October, then fell in a steady line of lower highs to ৳39.60 on 27 October. The last three sessions rebounded, and today price touched ৳43.00 before settling at ৳42.30, back above both averages, which are now flattening. Hourly volume stayed light, mostly under 40K.

Momentum and volume

Momentum is neutral. RSI near 49 says buyers and sellers are evenly matched after selling pressure eased in late October. The daily MACD has just ticked up but is still below zero. ADX at 20 means there is no strong trend in either direction, and volume is close to normal, well below the August highs.

RSI (14)
49.0
Neutral
Recovered from near 33 in late October to the midline.
MACD (12,26,9)
-0.80 vs -0.87
Turning up
Line edged above signal, both still below zero.
ADX (14)
20.2
Weak trend
+DI 23.0 vs -DI 20.8; no dominant direction.
Bollinger (20,2)
Mid 42.07
At midline
Close ৳42.30 at the middle; bands 39.42 to 44.71.
Volume vs average
1.12x
Near average
Activity far below the August surge above 1M a day.
Daily, ~6 months: Bollinger Bands 20/2, RSI, MACD, ADX
Daily, ~6 months: Bollinger Bands 20/2, RSI, MACD, ADX. Chart: TradingView.

Each candle is one day over about six months. The shaded channel is the Bollinger Bands: a 20-day average (৳42.07) with bands two standard deviations above (৳44.71) and below (৳39.42). Price walked down the lower band through October and today moved back to the midline at ৳42.30. RSI is 49.0 after a low near 33; MACD -0.80 has just crossed above its -0.87 signal, both below zero. The DMI panel shows ADX at 20.2 with +DI 23.0 and -DI 20.8 close together, a market without a clear trend.

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 shows what a move through a level would change, not whether it will happen.

If Daily close above ৳43.74
Price would regain the 50-day average, ending October's run below it.
If Daily close below ৳41.58
Price would slip back under the 200-day average it reclaimed today.
If Daily close below ৳39.60
A new low below the October trough would extend the series of lower highs and lows.
If Daily close above ৳47.40
The pattern of lower highs since August would be broken.

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
2026-11-01Closed above the 200-day average৳42.30
2026-11-01MACD crossed above its signal line৳42.30