IDLC Finance PLC. (IDLC) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
IDLC Finance has risen from about ৳30.48 in November 2025 to a high of ৳48.30 in late July 2026, with the strongest buying in June and July. Since then the share price has eased back, first steadily through August and September, then into a narrow band between ৳40.30 and ৳42.30 for all of October. Today it closed at ৳40.80, down 1.45%, near the bottom of that band. The 50-day average (the average closing price of the last 50 trading days) is ৳42.48 and falling, so it sits just above the range top. The 200-day average (the average of the last 200 trading days) is ৳40.40 and still rising, just under today's price. So price is squeezed between a falling shorter-term average above and a rising longer-term average below. The ৳40.30 October low and ৳42.30-42.50 range top are the two levels that matter most right now.
Key levels
Support is a price where buyers have stepped in before; resistance is where sellers have. On IDLC, ৳40.30-40.40 has held every dip in October and lines up with the 200-day average. ৳42.30-42.50 has capped every rise. Further up, ৳44.00 stopped September rallies, and ৳47.20-48.30 is the summer peak zone.
Trend on each timeframe
The monthly chart still shows a recovery with higher lows since 2024-25 and price above its 12-month average. The weekly chart has flattened, with price resting on the 40-week average. The daily chart is a sideways range, and the hourly chart leans down, with price under its short-term averages. Longer views are steadier than shorter ones.
Monthly Up
This chart covers about ten years; each candle is one month. The orange line is the 12-month average closing price; the RSI panel is a 0-100 gauge of recent gains versus losses; the bottom panel is monthly volume. The stock fell to the mid-৳20s in 2024 and again in 2025, then recovered, reaching ৳48.30 in July 2026 on the highest monthly volume since 2025. The last three months have been red, bringing price back to ৳40.80, just above the rising 12-month average at ৳40.07. Monthly RSI is about 54.
Weekly Sideways
This chart covers about four years; each candle is one week. The orange line is the 10-week average and the blue line the 40-week average; MACD in the middle panel tracks momentum, and the bottom panel is weekly volume. From a low near ৳30.48 in November 2025, IDLC climbed in steps to ৳48.30 in late July 2026, with weekly volume near 8.8 million shares at the peak. Since August weekly closes have eased to ৳40.80, under the falling 10-week average and right on the 40-week. Weekly MACD is still above zero but below its signal line, and volume has thinned.
Daily Sideways
This chart covers about one year; each candle is one trading day. The green line is the 50-day average and the purple line the 200-day average; the bottom panel is daily volume. A June breakout lifted price from about ৳37 to the ৳48.30 high on 29 July, when daily volume topped 2.6 million shares. Price then eased through August and September and since early October has stayed between ৳40.30 and ৳42.30. The 50-day average is now falling at ৳42.48, while the 200-day keeps rising at ৳40.40, just below today's ৳40.80 close.
Hourly Down
This chart covers about two months of trading; each candle is one hour. The orange line is the 20-hour exponential average and the blue line the 50-hour one; RSI and hourly volume are below. In September price swung between about ৳40.70 and ৳44, then drifted lower through October into a tight ৳40.60-41.80 band. A push to ৳42.30 on 29 October faded, and the latest hours closed at ৳40.80, under both short-term averages, with hourly RSI around 42.
Momentum and volume
Momentum is soft but not extreme. RSI is about 41, below the midpoint but well above oversold levels. MACD is flat near zero, and ADX at 24 says there is no strong trend in either direction. The Bollinger Bands have squeezed to about ৳2 wide, meaning price has been unusually quiet. Volume today was slightly above average.
This chart covers about six months; each candle is one day. Bollinger Bands (shaded) mark two standard deviations around the 20-day average; RSI, MACD and ADX/DMI (trend strength and direction) are below. In June and July price rode the upper band to ৳48.30 with RSI near 75 and ADX near 47. Since August the bands have narrowed sharply and price now sits near the lower band at ৳40.39. RSI is 40.67, MACD is just above its signal line below zero, and ADX has fallen to 23.99, a weak-trend reading.
What would change the picture
The scenario cards list price levels and what a close beyond each would mean for the chart's structure. They are conditions to watch, not predictions; none of them says what price will do.
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 | Closed below the 200-day average | ৳40.80 |
- 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.