Desh Garments Limited (DSHGARME) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
Desh Garments' share price had a strong run from about ৳59 in May 2025 to a high of ৳197.00 on 18 August 2026. Since then it has been falling. Through September it slipped into a ৳144–৳160 band, and in mid-October it broke lower, reaching ৳112.00 on 26 October. A quick bounce took it to ৳129.10, but today it fell 5% to ৳117.70, about 40% below the August high. The price is now under its 50-day average (the average close of the last 50 trading days, ৳151.93) and under its 200-day average (the average of the last 200 closes, a slow long-term line, ৳135.53). Being below both lines means both the recent and the longer-term averages sit above today's price. The levels that matter now are the ৳112.00 low below and the ৳129–৳135 area above. Trading volume today was about half the recent average.
Key levels
Support is a price area where falls have stopped before; resistance is where rises have stalled. For Desh Garments, ৳112.00 is the October low that halted the drop, and ৳101–৳101.50 was the March 2026 base. Above, the 27 October bounce stopped at ৳129.10, and ৳135.40–৳135.53 combines the mid-October high with the 200-day average.
Trend on each timeframe
The monthly chart still shows the 2025–2026 rally overall, but the last three months gave back much of it and price is now below the 12-month average. The weekly, daily and hourly charts all point down, with price under every average shown. The only disagreement is the long monthly view, which remains far above the 2024–2025 lows.
Monthly Sideways
Each candle is one month, covering about nine years. The orange line is the 12-month simple average (৳131.63) and the lower panel is RSI (49.3), a 0–100 momentum gauge. The stock swung between about ৳60 and ৳270 over the years, bottoming near ৳56.60 in late 2024. A 2025 rally took it above ৳130 and a second leg reached ৳197.00 in August 2026. September and October closed sharply lower, and November so far trades at ৳117.70, below the 12-month line. Volume was highest in mid-2025 and mid-2026.
Weekly Down
Each candle is one week, covering about four years. The orange line is the 10-week average (৳144.14) and the blue line the 40-week average (৳137.05). Below is MACD, a momentum gauge: its line (-1.64) has crossed below zero and sits under its signal (5.39). Price rose from ৳59.00 in May 2025 to a ৳197.00 weekly high in mid-August 2026. Since then weekly closes fell from ৳183.80 to ৳117.70, with the weeks of October cutting below the 40-week line. The fall came on lower volume than the summer rally.
Daily Down
Each candle is one trading day, covering about a year. The green line is the 50-day average (৳151.93) and the purple line the 200-day average (৳135.53). Price climbed from ৳85.70 in November 2025 to ৳197.00 on 18 August 2026, with a 878,904-share surge in early June. From late August it drifted down in a ৳144–৳160 band, then broke lower in mid-October, falling below the 200-day line to ৳112.00 on 26 October. A bounce reached ৳129.10 but today closed at ৳117.70 on 35,247 shares.
Hourly Down
Each candle is one trading hour, covering about two months. The orange line is the 20-hour exponential average (৳122.64) and the blue line the 50-hour one (৳127.63). The lower panel is RSI, now 36.1. Price drifted from about ৳160 in mid-September to ৳150 by early October, then fell steeply to ৳112.00 on 26 October, with RSI dipping near 15. A sharp hourly jump on 28 October lifted it to about ৳129, but price has slid back below both averages to ৳117.70.
Momentum and volume
Selling pressure has dominated. RSI is near 31, close to the level often called oversold. MACD is below zero and below its signal line. ADX at 36.8 says the downward move has real strength, with sellers' reading (-DI 34.2) far above buyers' (+DI 10.2). Volume is lighter than average, so today's drop came on modest trading.
Each candle is one trading day, covering about six months. The shaded channel is Bollinger Bands: a 20-day average (৳137.62) with bands at ৳163.02 and ৳112.21. Panels below show RSI (30.9), MACD (-9.10 vs signal -7.69) and DMI/ADX (ADX 36.8, -DI 34.2, +DI 10.2). After peaking near ৳197 in August, price stepped lower and in mid-October dropped through the lower band to ৳112.00. RSI fell to the low 20s, MACD sank to its lowest of the period, and ADX climbed as the decline gathered strength.
What would change the picture
The scenario cards are conditions to watch, not predictions. Each describes what a daily close beyond a specific level would mean for the chart's structure. They do not say which will happen; they help you read the chart if price gets there.
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 | ৳117.70 |
- 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.