Heidelberg Materials Bangladesh PLC. (HEIDELBCEM) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
Heidelberg Materials Bangladesh jumped to ৳272.70 in early June, but that rally faded within weeks. From July the price slid step by step, and through October it moved sideways between about ৳196 and ৳208. Today it fell 4.2% to ৳188.90, below that October floor and below the May low of ৳197, making a new 52-week low (the lowest price of the past year). About four times the usual number of shares changed hands, which shows the move had real participation. The price is now under its 50-day average (the average close of the last 50 trading days, ৳207.22) and its 200-day average (the average of the last 200 days, ৳221.97). The levels that matter now are ৳196–197 just above, the old floor, and ৳183, the May 2025 low, below.
Key levels
Support is a price where buying stopped declines before; resistance is where selling capped rallies. On this stock ৳196–197 held in May and late October and was broken today, so it now sits above as a reference. Below, ৳183 was the 2025 low and ৳171 the 2024 low. Above, ৳201.50–203.60 and the 50-day average at ৳207.22 capped October.
Trend on each timeframe
All four horizons agree. The monthly chart is under its falling 12-month average, the weekly chart has both averages turning down, the daily chart shows a breakdown below a multi-week floor, and the hourly chart opened with a sharp drop. The only difference is speed: the longer charts show a slow drift, the shorter ones a sudden fall.
Monthly Down
Each candle is one month, covering about nine years. The orange line is the 12-month average of closes; RSI and monthly volume are below. After falling from over ৳500 in 2017 to about ৳120 in 2020, the stock rallied to near ৳380 in 2021 and has since moved mostly between ৳180 and ৳370. Since 2025 monthly candles have drifted lower with smaller ranges. November opened at ৳196.20 and is at ৳188.90, below the 12-month average of ৳218.25. Monthly RSI is 40.3.
Weekly Down
Each candle is one week, covering about four years. The orange line is the 10-week average and the blue the 40-week; MACD and weekly volume sit below. Sharp spikes in 2023, 2024 and 2025 each faded back into a ৳200–250 band. The June 2026 jump to ৳272.70 on 478,484 shares in one week also faded, and weekly closes have fallen for most of the time since. This week's candle, from ৳196.20 to ৳188.90, is the lowest close since May 2025. MACD reads −7.74 against signal −5.34.
Daily Down
Each candle is one trading day, covering about one year. The green line is the 50-day average and the purple line the 200-day average. Price ranged ৳210–250 until late April, fell to ৳197 in May, then spiked to ৳272.70 on 3 June on volume near 200,000 shares. From July it slid steadily, with the 50-day crossing below the 200-day in September. October held around ৳196–208; today price fell to ৳188.90 on 19,996 shares, the busiest day since mid-August.
Hourly Down
Each candle is one trading hour, covering about two months. The orange line is the 20-hour exponential average and the blue the 50-hour; RSI and hourly volume are below. Through September and most of October price drifted between about ৳203 and ৳215, staying near both averages. In the last week it slipped to ৳196, and today it dropped in the first hour to ৳188 on the heaviest hourly volume of the period, well below both averages. Hourly RSI reads 28.6.
Momentum and volume
Selling pressure is heavy right now. RSI at 24.8 is in the oversold zone, meaning the recent fall has been unusually fast. MACD is falling further below its signal line. ADX jumped to 32, showing a strengthening downward trend. Volume was over four times normal, so today's drop was not a quiet drift.
Each candle is one trading day, covering about six months. The shaded channel is the Bollinger Bands: a 20-day average (৳202.76) with bands at ৳211.57 and ৳193.94. Below are RSI, MACD and ADX/DMI. After the June spike, the bands narrowed steadily through September and October as price drifted lower within them. Today's ৳188.90 close is outside the lower band. RSI fell to 24.8, MACD widened to −3.68 under its signal, and ADX jumped to 32.4 with −DI at 30.9 against +DI at 6.5.
What would change the picture
The scenario cards set out price conditions and what each would mean for the chart's structure. They are levels to watch, not predictions; each describes how the picture would change if the price closed beyond that level, not whether it will.
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 | RSI fell to 30 or below | ৳188.90 | |||
| 2026-11-01 | New 52-week closing low | ৳188.90 | |||
| 2026-11-01 | Volume three times or more its 20-day average | ৳188.90 |
- 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.