GBB Power Limited (GBBPOWER) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
GBB Power fell for about four years, from near ৳50 in 2021 to around ৳5.3 in late 2025. During 2026 it turned up: first to a ৳8–৳9 range from February to July, then a sharp jump at the end of July that took it to ৳17.6 on 18 August, on some of the heaviest trading in years. Price then cooled, sliding to ৳10.8 by 11 October. That pullback stayed well above the 200-day average (the average closing price of the last 200 trading days, now ৳9.56). In the last week the stock recovered, and on 1 November it closed at ৳13.6, up 6.25%, above its 50-day average (the 50-session version, ৳13.03). It remains about 23% below its August peak. The levels to watch are ৳13.0 below and ৳15.1–৳15.2, the September high, above.
Key levels
Support is where buyers have previously stepped in; resistance is where sellers have. For GBB Power, ৳10.8–৳10.9 held twice in October, and the 50-day average near ৳13.0 lines up with September's lows. Above, ৳15.1–৳15.2 stopped the September bounce, and ৳17.6 is the August peak and 52-week high.
Trend on each timeframe
The monthly, weekly and daily charts all show price above rising long-term averages, a turn from years of decline. The disagreement is in momentum: weekly MACD is still below its signal after August's surge cooled, while the daily and hourly charts have turned up sharply in the last week.
Monthly Up
Each candle is one month over about ten years. The orange line is the 12-month average (৳9.97), the average of the last 12 monthly closes. The middle panel is RSI, a 0–100 momentum gauge, now 65. GBB Power peaked near ৳50 in 2021, then fell for four years to about ৳5.3 in late 2025. In 2026 it turned up, and August's jump to ৳17.6 came with the biggest monthly volume since 2022. The 12-month line now slopes up and price is well above it.
Weekly Up
Each candle is one week. The orange line is the 10-week average (৳12.89), the blue line the 40-week average (৳10.07). Below are MACD, a momentum measure from two averages, and weekly volume. Weekly closes went from ৳8.2 in late July to ৳15.2 in mid-August on 8–12 million shares a week. Price then pulled back to a ৳10.8 low in October, above the 40-week line, and has closed back above the 10-week. MACD (1.08) remains slightly below its signal (1.18), but the gap is narrowing.
Daily Up
Each candle is one trading day over about a year. The green line is the 50-day average (৳13.03), the purple line the 200-day average (৳9.56). Price moved sideways around ৳8–৳9 from February to July, then broke out at the end of July and reached ৳17.6 on 18 August. It faded through September and dropped to ৳10.8 on 11 October, staying far above the 200-day line. Over the last week it climbed back to ৳13.6, crossing above the 50-day, with volume of 707,495 shares, 1.84 times the average.
Hourly Up
Each candle is one trading hour across roughly two months. The orange and blue lines are 20-hour and 50-hour exponential averages, weighting recent prices more (৳12.65 and ৳12.19). Price slid from about ৳15 in mid-September to ৳10.8 in mid-October, then based between ৳11 and ৳12. In the last week it rose steadily to ৳13.6, with both averages turning up beneath it. Hourly RSI is about 69, near the 70 level often called overbought, and hourly volume spiked on the move.
Momentum and volume
Buying interest has returned. RSI climbed from about 30 in October to 61.6, MACD has crossed above its signal line, and volume is 1.84 times its average. Price is touching the upper Bollinger band, a sign of a strong short-term move. ADX at 16.9 says the overall trend is not yet strong.
Each candle is one day over about six months. The shaded channel is Bollinger Bands: a 20-day average (৳12.03) with bands two standard deviations above (৳13.57) and below (৳10.49). Below are RSI (61.6), MACD (-0.12 against a signal of -0.34) and ADX/DMI, measuring trend strength (ADX 16.9) and direction (+DI 31.7, -DI 17.1). August's surge drove RSI above 85 and blew the bands wide. October's slide took RSI near 30; it has since climbed, MACD crossed above its signal, and price reached the upper band.
What would change the picture
Each scenario card names a price condition and what it would mean for the chart's structure if it happened. They are conditions to watch, not predictions, and none is a suggestion to trade.
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 | Trend label changed from Sideways to Uptrend | ৳13.60 | |||
| 2026-11-01 | Closed above the nearest resistance level | ৳13.60 | |||
| 2026-10-29 | Volume three times or more its 20-day average | ৳12.80 |
- 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.