Eastern Insurance PLC. (EASTERNINS) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
Eastern Insurance closed at ৳57.00 on November 1, up 1.24% on the day. Over the past year the stock climbed from ৳40.10 in November 2025 to ৳69.30 in mid-August 2026, making higher lows along the way. Since August it has stopped rising and moved sideways between about ৳53.30 and ৳65. In October it dipped to ৳53.30 twice (October 13 and near ৳53.50 on October 27) and both times recovered. Price now sits exactly on its 200-day average (the average closing price of the last 200 trading days, ৳57.17), which is still rising. The shorter 50-day average (৳59.35) has started to fall. The levels that matter now are ৳53.30 below, the bottom of the October range, and ৳59.40 and ৳64.90 above, where recent rallies stalled.
Key levels
Support is where buyers have stepped in before; resistance is where sellers have. For Eastern Insurance, ৳53.30–53.50 held twice in October, and the rising 200-day average at ৳57.17 is the nearest floor. Above, ৳59.35–59.40 lines up with the falling 50-day average, while ৳64.90 and ৳69.30 are the September and August highs that turned price lower.
Trend on each timeframe
The monthly chart still shows a recovery from the 2025 low, with price at its rising 12-month average. The weekly and daily charts have gone flat: the August peak was followed by a lower September high, and the short averages are turning down. The hourly chart is the most positive, rising since October 27 and above its short averages.
Monthly Up
Each candle is one month over about ten years. The orange line is the 12-month average of closes; RSI (14) and monthly volume are below. The stock peaked near ৳160 in 2021, then fell to about ৳35.60 in mid-2025. Since then monthly candles have climbed steadily, with a high of ৳69.30 in August 2026. The 12-month average has turned up and now sits at ৳57.06, right at the current price of ৳57.00. RSI is 52.3, just above its midpoint, showing balanced long-term momentum.
Weekly Sideways
Each candle is one week. The orange line is the 10-week average and the blue line the 40-week average of closes; MACD shows momentum, and weekly volume is at the bottom. From a June 2025 low near ৳35.60 the stock made higher lows through mid-2026, peaking at ৳69.30 in the week of August 16 on 3.6 million shares. Since then weekly closes have eased from ৳65.80 to ৳57.00. The 10-week average (৳58.89) is turning down toward the 40-week (৳57.81), and MACD (0.20) has dropped below its signal line (1.08).
Daily Sideways
Each candle is one trading day over about a year. The green line is the 50-day average and the purple line the 200-day average; volume is below. Price rose from ৳40.10 in November 2025 to ৳69.30 on August 18, 2026, with the busiest day at 1.33 million shares in mid-August. Since then it has swung between ৳53.30 (October 13) and ৳64.90 (late September). The 200-day average keeps rising and sits at ৳57.17, exactly where price closed at ৳57.00. The 50-day average (৳59.35) has rolled over.
Hourly Up
Each candle is one hour of trading over about two months. The orange line is the 20-hour exponential average and the blue line the 50-hour exponential average; RSI (14) and hourly volume are below. After a late-September peak near ৳64.90, price fell to about ৳53.30 in mid-October and retested ৳53.50 on October 27. Since then it has climbed to ৳57.00 and moved above both lines, with the 20-hour (৳56.20) curling up toward the 50-hour (৳56.56). RSI is 58.1. Hourly volume remains light.
Momentum and volume
Momentum readings are mostly neutral. RSI has climbed back to 47.2 from about 35, and MACD has stopped falling. ADX at 26.1 shows a moderate trend, with the sellers' line still ahead. Volume is close to normal, so neither buyers nor sellers are pressing hard right now.
Each candle is one trading day over about six months. The shaded channel is Bollinger Bands: a 20-day average (৳57.47) with bands two standard deviations above (৳62.17) and below (৳52.76). Below are RSI (14), MACD, and ADX with +DI/-DI, which measure how strong and which way the trend is. Price pushed the upper band in June and August, then slid toward the lower band in October. RSI has risen from about 35 to 47.2. MACD (-1.11) sits level with its signal. ADX is 26.1 with -DI above +DI.
What would change the picture
Each scenario card describes what a given closing price would mean for the chart's structure. They are conditions to watch, not predictions; price may also stay inside the current range.
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 | ৳57.00 |
- 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.