FAR Chemical & Textile Ind. PLC (FARCHEM) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
FAR Chemical had a sharp round trip this year. It climbed from about ৳14.9 in March to ৳28.0 in late July, then fell quickly in August on very heavy trading, reaching ৳14.3 in September. Since then it has moved sideways between about ৳14.3 and ৳17.3. Today it rose 3.7% to ৳16.70. That puts it above its 50-day average (the average closing price of the last 50 trading days, ৳16.01) but just under its 200-day average (the average of the last 200 closes, ৳17.04), a line many chart readers use to separate longer uptrends from downtrends. The price is 40% below the July high. The levels that matter now are ৳17.0-17.3 above and ৳16.0 and ৳14.3 below.
Key levels
Support is a price where falls have stopped before; resistance is where rises have stalled. For FAR Chemical, ৳14.3-14.4 held twice, in September and October. On the upside, ৳17.0-17.3 has capped every rally since September, and the 200-day average now sits in the same zone.
Trend on each timeframe
The hourly chart is rising, with higher lows since mid-October, and the daily chart has moved above its 50-day average. The weekly picture is weaker: price is still below the 40-week average and weekly MACD is negative. The monthly chart shows a wide, directionless swing range, so the horizons do not fully agree.
Monthly Sideways
Each candle is one month, covering about ten years. The orange line is the 12-month simple average (৳16.72), RSI measures momentum on a 0-100 scale, and the bottom panel shows monthly volume. After a jump in late 2023, the stock has swung in a wide band: down to ৳11.6 in November 2025, up to ৳28.0 in July 2026 on the heaviest volume since 2021, then back to ৳14.3. The close of ৳16.70 sits right on the 12-month average, with RSI at a neutral 47.7.
Weekly Sideways
Each candle is one week over about four years. The orange line is the 10-week average (৳15.85) and the blue line the 40-week average (৳17.38); MACD shows momentum from two averages. The July rally reached ৳28.0, then the stock fell for five weeks on very heavy volume, including 29.5 million shares in the week of 23 August. Since September weekly candles have stayed between ৳14.3 and ৳17.3. Price is above the 10-week line but under the 40-week line, and MACD is still negative.
Daily Sideways
Each candle is one trading day over about a year. The green line is the 50-day average (৳16.01) and the purple line the 200-day average (৳17.04). The stock rose from ৳14.9 in March to ৳28.0 in late July, then dropped sharply in August, with 11.9 million shares on 23 August. From September it held between ৳14.3 and ৳17.3. Today it rose to ৳17.0 intraday, closing at ৳16.70 on 2.58 million shares, just below the 200-day line, which has flattened.
Hourly Up
Each candle is one hour of trading over roughly two months. The orange and blue lines are the 20-hour (৳16.31) and 50-hour (৳16.07) exponential averages, which weight recent prices more. After a low near ৳14.4 on 12 October, price has made higher lows with both averages rising. Several pushes stopped at ৳16.9-17.0, including today's ৳17.0 high. Hourly RSI is 62.8.
Momentum and volume
Short-term momentum has improved: RSI has climbed from about 25 in September to 56.5, and MACD has turned slightly positive. But ADX at 15.0 says there is no strong trend yet. Today's volume, 2.58 million shares, was about 1.27 times the 20-day average, showing more interest on the up day.
Each candle is one trading day over about six months. The shaded Bollinger Bands (৳14.74 to ৳16.67, midline ৳15.71) show the usual range around the 20-day average; they have narrowed sharply since August. Below are RSI (56.5), MACD (0.03 vs signal -0.15) and the ADX/DMI panel (ADX 15.0, +DI 24.1, -DI 14.3). After the August slide pushed RSI near 25, momentum has improved steadily, and today's close sits just above the upper band.
What would change the picture
The scenario cards describe what a daily close beyond each level would mean for the chart's structure. They are conditions to watch, not forecasts.
- 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.