DSE : DS30

DS30 Index (DS30) technical report

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

2,068.43-0.9%
Daily trend: SidewaysWeekly trend: SidewaysStrength: WeakVolatility: LowLiquidity: Low
The DS30 dropped 0.88% to 2,068.43, closing just under its 200-day average and near the bottom of a seven-week range.
After peaking at 2,254.81 in July, the index slid into a 2,060-2,130 band that has held since mid-September. Today's close sits below the lower Bollinger Band and the 200-day average, close to the 2,060.07 September low.
✦ Analyst agent's read
Range
Since mid-September the index has held 2,060-2,130 after falling from the July peak; it now sits at the range floor and 200-day average.
ClarityMixed
Key level2,060.07 (below)
September low, floor of the seven-week range
From TradingView charts on four timeframes. Describes structure; not a forecast or advice.

In plain words

The DS30 is an index that tracks 30 large companies on the Dhaka Stock Exchange, measured in points. Between March and mid-July 2026 it rose from about 1,909 to a peak of 2,254.81. Since then it has given back part of that gain. It fell to 2,060.07 in mid-September and has since moved sideways between roughly 2,060 and 2,130 for seven weeks. Today it fell 0.88% to 2,068.43. That puts it just below its 200-day average (2,070.20). This average is the mean closing level of the last 200 trading days, a common measure of the long-term trend. The 50-day average, the shorter-term trend line, is at 2,104.94 and falling. The index is now 8.3% below its 52-week high and well above its 52-week low of 1,813.36. The levels to watch are the 2,060 floor of the recent range and the 2,113-2,130 area where October rallies stopped.

Key levels

Support is a level where buying has tended to stop declines, and resistance is one where selling has stopped advances. On the DS30, 2,060.07 held as a floor in mid-September and again in late October. The late-September high of 2,130.36 and the October high of 2,113.01 have capped every rebound. Today the index sits right at the floor of that band.

2,254.81
Resistance: July 2026 peak
52-week high set 15 July 2026
+9.0%
2,121.18–2,130.36
Resistance: Late-September highs
Top of the seven-week range; rallies turned lower here
+2.8%
2,104.94–2,113.01
Resistance: 50-day average / October high
Falling 50-day average and the 25 October high
+2.0%
2,060.07–2,070.20
Support: 200-day average / September low
Range floor; the 14 September low held twice
-0.2%
2,068.43
Last close
1,965.86
Support: May 2026 low
Last swing low before the May-July rally
-5.0%
1,813.36
Support: November 2025 low
52-week low
-12.3%

Trend on each timeframe

The monthly chart is neutral: the index sits on its 12-month average inside a band that has held since 2024. The weekly chart has turned down, with lower highs since July and price under both weekly averages. The daily chart is flat in a range, and today's hourly slide is the weakest of the four. The longer views are calm while the shorter views are weak.

Monthly Sideways

Index sits on its 12-month average (2,065.84); monthly RSI 51 is neutral. A broad 1,700-2,250 band has held since 2024.
Monthly, ~10 years: SMA 12, RSI 14
Monthly, ~10 years: SMA 12, RSI 14. Chart: TradingView.

Each candle is one month, covering about ten years. The orange line is the 12-month simple average, the mean close of the last 12 months. The lower panel is RSI(14), a 0-100 momentum gauge. The index peaked near 2,800 in late 2021, fell to a low of 1,697.19 in May 2025, and since then has swung between about 1,810 and 2,255. It now sits at 2,068.43, almost exactly on the 12-month average of 2,065.84, with monthly RSI at 51.06, mid-scale. The index has no volume data.

Weekly Down

Price fell below both the 10-week (2,100.77) and 40-week (2,090.21) averages; weekly MACD is under its signal line.
Weekly, ~4 years: SMA 10/40, MACD
Weekly, ~4 years: SMA 10/40, MACD. Chart: TradingView.

Each candle is one week, about four years in all. The orange line is the 10-week average and the blue line the 40-week average, roughly the 200-day equivalent. The lower panel is MACD, which compares a fast and a slow average to show momentum. The index rallied from 1,909.34 in March 2026 to 2,254.81 in the week of 12 July, then made lower weekly highs each week through October. This week it closed at 2,068.43, below the 10-week (2,100.77) and 40-week (2,090.21) averages. MACD (3.71) is below its signal line (17.19). No volume is published for the index.

Daily Sideways

Flat 2,060-2,130 band since mid-September; close of 2,068.43 sits just below the 200-day average (2,070.20) and under the falling 50-day (2,104.94).
Daily, ~1 year: SMA 50/200
Daily, ~1 year: SMA 50/200. Chart: TradingView.

Each candle is one trading day, about a year in all. The green line is the 50-day average and the purple line the 200-day average, the mean close of the last 200 trading days. The index climbed from 1,813.36 in November 2025 to 2,254.81 on 15 July 2026, then fell to 2,060.07 on 14 September. Since then it has moved sideways between 2,060 and 2,130. The 50-day average (2,104.94) is falling toward the rising 200-day (2,070.20), and today's close of 2,068.43 is just under the 200-day. No volume is published for the index.

Hourly Down

Today slid from 2,089.64 to the session low 2,068.43, below the 20-hour (2,083.73) and 50-hour (2,089.31) averages; hourly RSI 28.
Hourly, ~2 months: EMA 20/50, RSI 14
Hourly, ~2 months: EMA 20/50, RSI 14. Chart: TradingView.

Each candle is one trading hour, covering about two months. The orange and blue lines are the 20-hour and 50-hour exponential averages, which give more weight to recent prices. The bottom panel is RSI(14). Through October the index swung between about 2,075 and 2,113 around these averages. Today it opened at 2,085.60, peaked at 2,089.64 and fell through every hour to close at the day's low of 2,068.43. That is below both averages (2,083.73 and 2,089.31). Hourly RSI is 28.36, below the 30 level often called oversold.

Momentum and volume

Momentum has weakened. Daily RSI dropped to 37.9 and hourly RSI to 28.4, which means selling has outweighed buying over recent sessions. MACD has just slipped under its signal line. ADX is only 13.5, which means there has been no strong trend either way. The move has come after weeks of quiet trading. The index feed has no volume, so participation cannot be measured.

RSI (14)
37.9
Weak
Fell from about 50; lowest reading since mid-September
MACD (12,26,9)
-6.43 vs signal -5.85
Below signal
Crossed just below signal; both lines under zero
ADX (14)
13.5
No trend
Very low trend strength; -DI 26.6 above +DI 15.4
Bollinger (20,2)
Below lower band 2,073.15
Below band
Close under lower band after narrow 2,073-2,111 bands
Distance from 200 EMA
-1.1%
Slightly below
Index sits 1.1% under its 200-day exponential average
Volume
n/a
Not published
Index feed carries no volume
Daily, ~6 months: Bollinger 20/2, RSI, MACD, ADX
Daily, ~6 months: Bollinger 20/2, RSI, MACD, ADX. Chart: TradingView.

Each candle is one day, about six months in all. The shaded band is Bollinger Bands: a 20-day average with lines two standard deviations above and below. Below the price are RSI(14), MACD and ADX/DMI, which measures trend strength. The bands widened during the June-July rally to 2,254.81, then narrowed through October as the index went sideways. Today's close of 2,068.43 is below the lower band (2,073.15). RSI fell to 37.88 and MACD (-6.43) slipped under its signal (-5.85). ADX at 13.51 shows no strong trend, while -DI (26.58) leads +DI (15.43).

What would change the picture

Each scenario card names a level and what a daily close beyond it would mean for the chart's structure. They are conditions to watch, not predictions. None of them is more likely than another, and the index can stay between these levels for some time.

If Daily close below 2,060.07
Would break the September low and the seven-week range floor, ending the sideways phase to the downside.
If Daily close back above 2,070.20
Would put the index back over its 200-day average, keeping the range intact.
If Daily close above 2,130.36
Would clear the top of the September-October range and the falling 50-day average.

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 below the 200-day average2,068.43
2026-11-01MACD crossed below its signal line2,068.43