Fine Foods Limited (FINEFOODS) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
Fine Foods has been one of the longest steady climbers on the chart: from around ৳44 in 2022 to a peak of ৳595.90 in late May 2026. Since then the price has come down. It fell through June and July and briefly dropped to ৳395.70 during trading on 13 August. Since mid-August it has moved sideways, mostly between ৳420 and ৳489. Today it closed at ৳441.40, up 0.6%, with more shares traded than in any day for weeks. Price is below its 50-day average (the average closing price of the last 50 trading days), ৳448.12, and below its 200-day average (the average of the last 200 trading days), ৳478.02. The levels to watch are ৳420–433 below, and ৳448–449 and ৳478–489 above.
Key levels
Support is a price where buyers have stepped in before; resistance is where sellers have. For Fine Foods, buyers defended ৳420–433 repeatedly in September and October. Sellers turned price down at ৳489 on 8 October near the 200-day average, and today's rise stopped at ৳448, close to the 50-day average.
Trend on each timeframe
The monthly chart still shows a long rise, though price has just dipped below the 12-month average. The weekly chart points down, with price under both weekly averages. The daily chart is sideways, a range after the summer drop. The hourly chart is neutral. So the long-term picture and the medium-term picture disagree.
Monthly Up
About ten years; one candle is one month, on a log scale. The orange line is the 12-month average, now ৳473.47. The stock climbed almost without pause from the ৳40s in 2022 to a peak of ৳595.90 in May 2026. Since June the monthly candles have been mostly red, and price has dipped just below the 12-month line for the first time since 2022. Monthly RSI fell from above 80 to 63.08, still above the middle. Monthly volume has been shrinking for over a year.
Weekly Down
About four years; one candle is one week. The orange line is the 10-week average (৳450.43), the blue line the 40-week average (৳487.94). From 2023 to May 2026 price stayed above both while they rose. Since the May peak price fell below both, and the 40-week line has flattened. The MACD panel, comparing a fast and a slow average, fell from about 55 to -9.59, below its -4.52 signal, but the bars have been shrinking. Weekly volume is light, mostly under 1 million shares.
Daily Sideways
About one year; one candle is one trading day. The green line is the 50-day average (৳448.12), the purple line the 200-day average (৳478.02). Price rose from ৳270.00 in November 2025 to ৳595.90 on 24 May, then fell to a ৳395.70 intraday low on 13 August on 439,156 shares. Since then it has traded sideways between about ৳420 and ৳489, briefly touching the 200-day line in early October before falling back. Today closed at ৳441.40 on 184,875 shares, the busiest day in several weeks.
Hourly Sideways
About six weeks; one candle is one hour. The orange and blue lines are the 20- and 50-hour exponential averages, which weight recent prices more, at ৳439.85 and ৳441.36. Price rallied to ৳489.00 on 8 October, then slid back to the ৳432–446 area for the second half of October. Today it spiked to ৳448.00 before settling at ৳441.40, right on both averages. Hourly RSI at 52 is neutral.
Momentum and volume
Momentum is quiet. RSI around 45 is slightly on the weak side but not stretched. MACD is a little negative and flat. ADX near 12 says there is no real trend. The Bollinger Bands have narrowed, meaning price swings have shrunk. Today's volume, 3.3 times normal, is the one sign of renewed interest.
About six months of daily candles. Bollinger Bands, two standard deviations around the 20-day average, run from ৳424.81 to ৳474.25 with the middle at ৳449.53; they have narrowed since the summer slide, showing calmer price swings. RSI is 45.39, below the midpoint. MACD is -3.91 against a -3.01 signal, a small, flat gap. ADX at 12.33 is very low, meaning no trend in either direction; +DI 21.89 is above -DI 15.07. Price sits in the lower half of the bands.
What would change the picture
The scenario cards describe how the chart's structure would change if price closes past certain levels. They are conditions to watch, not predictions, and they do not say which way the price will go.
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 | Volume three times or more its 20-day average | ৳441.40 |
- 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.