Index Agro Industries Limited (INDEXAGRO) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
Index Agro's share price has spent most of the past year moving between about ৳60 and ৳81. From April to July 2026 it rose from ৳62.0 to ৳80.9, then drifted back. In late September it jumped to ৳80.4 in a single day on heavy trading but gave the gain back within weeks. Since then each bounce has stopped lower than the one before, and today it closed at ৳63.0, down 3.08%, its lowest close since April. It now sits below the 50-day average (the average closing price of the last 50 trading days, ৳68.87) and the 200-day average (the average of the last 200 days, ৳69.64), which means recent prices are weaker than the longer-run norm. The levels that matter most are ৳62.0–62.2, the spring lows, and ৳60.0–60.7, the lowest points of the past year. Above, ৳68.4–69.6 and then ৳73–74 are where recent rallies stopped.
Key levels
Support is a price where buying has stepped in before; resistance is where selling has. For Index Agro, ৳62.0–62.2 held in March and April and launched the climb to ৳80.9. Resistance sits at ৳68.4–69.6, where the late-October bounce stalled near the two averages, and at ৳73–74, the early-October peak.
Trend on each timeframe
The monthly chart is broadly sideways inside a ৳60–81 range. The weekly and daily charts both point down: six straight lower weekly closes and price under every moving average. The hourly chart agrees, with both short averages falling. The only disagreement is the long-term picture, where price is still inside its range rather than breaking out of it.
Monthly Sideways
Each candle is one month, from the 2021 listing to now. The orange line is the 12-month simple average (৳68.49), the lower panel is RSI (14), a 0–100 gauge of momentum, and the bottom panel is volume. Price peaked near ৳147 in 2022, fell to a ৳51.4 low in October 2024, and has since traded mostly between about ৳60 and ৳81. The 2026 high was ৳80.9 in July. October 2026 closed at ৳65.0 and November has opened lower at ৳63.0, under the 12-month line. RSI is 43, below its midpoint.
Weekly Down
Each candle is one week over about four years. The orange line is the 10-week average (৳68.64) and the blue line the 40-week average (৳70.10); the middle panel is MACD, which tracks the gap between short and long averages, and the bottom panel is volume. The September week that reached ৳80.4 drew 2.48 million shares, the heaviest in months, but every week since has closed lower: ৳73.2, ৳69.6, ৳67.0, ৳66.6, ৳65.0 and now ৳63.0. The 10-week line has turned down below the 40-week line and MACD is negative at −1.27.
Daily Down
Each candle is one trading day over about a year. The green line is the 50-day average (৳68.87) and the purple line the 200-day average (৳69.64); volume is at the bottom. From April to July price climbed from ৳62.0 to ৳80.9 on rising volume. A one-day spike to ৳80.4 on 23 September (1.19 million shares) faded quickly. Since then price has set lower highs and lows, closing today at ৳63.0, the lowest close since 13 April. Today's volume of 84,127 shares is below average.
Hourly Down
Each candle is one hour of trading over about two months. The orange line is the 20-hour exponential average (৳65.00) and the blue line the 50-hour one (৳65.91); RSI and volume sit below. The chart shows the 23–24 September jump to ৳80.4 and a steady drift down since, with both averages sloping lower. A short rally on 29 October reached ৳67.9 but reversed. Today's last hour traded 50,760 shares and touched ৳62.9, and hourly RSI is 36.
Momentum and volume
Momentum is soft. RSI at 37 says sellers have had the upper hand without reaching an extreme. MACD is negative and below its signal, so the downward push has not eased. Volume is about three-quarters of normal, so the decline is happening quietly rather than in a rush of selling.
Each candle is one trading day over about six months. The shaded channel is the Bollinger Band: a 20-day average (৳67.62) with bands two standard deviations above (৳72.97) and below (৳62.27). Below it are RSI, MACD and the ADX/DMI trend-strength panel. After the September spike price slid from the upper band to the lower band, closing today at ৳63.0. RSI is 37.3, MACD is −1.51 below its signal of −1.17, and ADX reads about 23, a moderate trend.
What would change the picture
The scenario cards are conditions to watch, not predictions. Each describes what a daily close beyond a specific level would change in the chart's structure. Nothing here says which, if any, will happen.
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 nearest support level | ৳63.00 | |||
| 2026-10-29 | Trend label changed from Sideways to Downtrend | ৳65.00 |
- 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.