Envoy Textiles Limited (ENVOYTEX) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
Envoy Textiles spent most of late 2025 and the first half of 2026 trading in a band between about ৳46 and ৳54. In July it began to climb, and on August 18 it jumped from ৳58.1 to ৳63.9 on 4.77 million shares, several times its usual trading. The rise continued into September, reaching ৳76.4 on September 14, about 78% above the ৳42.9 low of November 2025. Since then the price has moved sideways between ৳66.5 and ৳76.4, and trading volume has shrunk. The last close was ৳72.60. The stock is above its 50-day average (the average closing price of the last 50 trading days, ৳68.66) and its 200-day average (the same idea over 200 days, ৳55.93); both are rising. The levels that matter most now are the September peak at ৳76.4 above and the October lows near ৳66.5–৳67.0 below.
Key levels
Support is a price where buyers have stepped in before; resistance is where selling has stopped rises. For Envoy, ৳75.3–৳76.4 capped the price twice in September. On the downside, ৳66.5–৳67.0 held in mid and late October, and each time price bounced. The 50-day average near ৳68.7 sits just above that floor and price touched it on October 25 before rebounding.
Trend on each timeframe
The monthly and weekly charts show a strong uptrend: price is well above the 12-month and 40-week averages. The daily chart is flat, a seven-week sideways range after the rally. The hourly chart has turned up over the last four sessions. So the long-term direction is up, the medium-term is paused, and the very short term is pushing toward the top of the range.
Monthly Up
One candle is one month, covering about ten years. The orange line is the 12-month simple average (৳57.40), the panel below is RSI(14), a 0–100 gauge of recent gains vs losses, and the bottom panel is volume. After a long flat period in 2022–23 the stock fell to ৳30.7 in 2024, then climbed. In September 2026 it reached ৳76.4 on 54.0 million shares, the heaviest month shown. October closed at ৳70.6 and November so far at ৳72.6. Monthly RSI is 73.5, in the high zone.
Weekly Up
One candle is one week. The orange line is the 10-week average (৳70.69), the blue line the 40-week average (৳57.13); MACD below measures the gap between a fast and slow average, and volume is at the bottom. The stock broke out in mid-August with a week of 11.2 million shares, then ran from ৳61.9 to a ৳76.4 high in the week of September 13. Since then weekly closes have stayed between ৳68.6 and ৳73.8 while volume fell from 15.6 million to about 1–3 million per week. MACD remains positive but its bars are getting shorter.
Daily Sideways
One candle is one trading day, about the last year. The green line is the 50-day average (৳68.66) and the purple line the 200-day average (৳55.93), both rising; volume is below. Price spent November 2025 to June 2026 between about ৳46 and ৳54, then rose in two steps: July to ৳61.5 and an August 18 jump from ৳58.1 to ৳63.9 on 4.77 million shares. It peaked at ৳76.4 on September 14. October pulled back to ৳66.5 on October 25, near the 50-day line, and the last close is ৳72.60 on 1.10 million shares.
Hourly Up
One candle is one trading hour, about the last two months. The orange line is the 20-hour exponential average (৳70.35), the blue the 50-hour (৳69.92); RSI(14) and volume are below. Hourly price peaked at ৳76.4 on September 14, drifted lower through October to ৳66.5 on October 25, and has since climbed in four sessions to ৳73.0. Both averages have turned up and price sits above them. Hourly RSI is 70.5, at the top of its range.
Momentum and volume
Momentum cooled after the September surge. RSI, which gauges the balance of recent gains and losses, is 59, middle-to-positive. MACD has slipped to near zero and is just below its signal line. ADX at 13.5 says there is little trend at the moment. Volume has dropped from 3–4 million shares a day in September to around 1 million: less urgency from both buyers and sellers.
One candle is one day, roughly June to November 2026. The shaded channel is the Bollinger Bands: a 20-day average (৳70.43) with bands two standard deviations above (৳73.80) and below (৳67.06). Below are RSI(14) at 59.0, MACD at 0.34 vs its signal 0.41, and ADX (trend strength) at 13.5 with +DI 26.6 and −DI 19.8. The bands widened sharply in the September run and have narrowed since. MACD fell from about 3.6 in September to near zero and is now flattening; ADX has drifted down, showing the trend has paused.
What would change the picture
The scenario cards are conditions to watch, not predictions. Each one says what a particular daily close would mean for the chart's structure, for example a break above the range top or below its floor. None of them says which 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 |
|---|---|---|---|---|---|
| 2026-10-29 | Trend label changed from Sideways to Uptrend | ৳70.60 |
- Computed from daily closing prices (method t1, wording agent-2); history kept from 2026-10-29.
- Describes price history only. Not investment advice, not a rating or a price target.