Islami Bank Bangladesh PLC. (ISLAMIBANK) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
Islami Bank's share price has been falling for most of 2026. It reached ৳56.20 in February, then slid in steps, and today it dropped another 9.25% to ৳20.60, the lowest price of the past year. That is about 63% below the February high. The stock now trades well below its 50-day average (the average closing price of the last 50 trading days, ৳26.19) and its 200-day average (the average of the last 200 trading days, ৳33.85). When price sits below both and both are pointing down, it describes a downtrend: each rally has stopped at a lower point than the one before. Today's fall came on 277,509 shares, about 3.6 times the recent daily average, so more shares changed hands than usual. The levels that matter now are ৳22.50-22.70, where today's drop started, and ৳25.30, the repeated October high. Below, today's low of ৳20.50 is the only nearby reference.
Key levels
Support is a price where buying has tended to stop a fall; resistance is where selling has tended to stop a rise. Here, old supports turned into resistance: ৳23.90 (June low) and ৳25.30 (October highs) gave way. Today's low of ৳20.50 is the newest floor, but it has no history of holding yet.
Trend on each timeframe
All four horizons point the same way. Monthly price is below its 12-month average, weekly below its 10- and 40-week averages, daily below its 50- and 200-day averages, and hourly below its short averages. There is no disagreement between them; the only difference is speed, with the hourly showing the sharpest recent fall.
Monthly Down
Each candle is one month, covering about ten years. The orange line is the 12-month simple average, the panel below is RSI (a 0-100 momentum gauge) and the bottom panel is volume. After years near ৳32.60, price jumped in 2024 to a peak above ৳70, then made lower highs: ৳56.20 in February 2026. Since then monthly candles have been red, and the price is now ৳20.60, well below the 12-month average of ৳32.23. Monthly RSI is 33.7, near the lower end of its range.
Weekly Down
Each candle is one week, about four years in all. The orange line averages the last 10 weekly closes (৳25.40) and the blue line the last 40 (৳33.46). MACD below tracks the gap between two moving averages. The 2026 rally to ৳56.20 in February faded; after a June spike low at ৳23.90 and rebound to ৳38.70, the weekly closes slid almost every week from ৳34.80 to ৳20.60. Both averages slope down, and MACD (-3.20) remains below its signal line (-2.79). Weekly volume stays far below the February surge.
Daily Down
Each candle is one trading day, covering about a year. The green line is the 50-day average (৳26.19) and the purple line the 200-day average (৳33.85). From the February peak of ৳56.20 on heavy volume (over 4 million shares a day), price has fallen in a series of lower highs and lower lows. A flat stretch at ৳32.60 in May-June ended with a drop to ৳23.90 and a rebound to ৳38.70, then the slide resumed. Today price fell from ৳22.70 to ৳20.60, with volume of 277,509 shares, the highest since July.
Hourly Down
Each candle is one hour of trading, about two months in all. The orange and blue lines are 20- and 50-hour exponential averages, which weight recent prices more. Price drifted from about ৳27.50 in early September to ৳25 by mid-October, then the decline sped up in late October. Today the stock opened at ৳22.50 and fell to ৳20.50, finishing at ৳20.60, far below both averages (৳22.25 and ৳23.44). Hourly RSI is 14.8, and today's hourly volume bars are the largest of the past month.
Momentum and volume
Selling pressure has been steady and strong. RSI at 5.8 means nearly all recent price moves were down, an unusually extreme reading. ADX at 45 confirms the trend has force, and today's volume spike shows more sellers than usual. Extreme readings show how one-sided trading has been; they do not say when it changes.
Each candle is one trading day, roughly June to November 2026. The shaded band is Bollinger Bands, a 20-day average (৳24.66) with lines two standard deviations above (৳27.56) and below (৳21.76). RSI, MACD and ADX/DMI sit below. Price has hugged the lower band since August and today closed outside it at ৳20.60. RSI fell to 5.8. MACD (-1.22) is below its signal (-0.91). ADX at 45.3 shows a strong trend, with the selling-side line (-DI 64.9) far above the buying side (+DI 1.8).
What would change the picture
Each scenario card is a condition to watch, not a prediction. It says what a daily close beyond a given price would mean for the chart's structure, for example whether the pattern of lower highs is broken or extended.
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 | ৳20.60 | |||
| 2026-10-25 | Closed below the nearest support level | ৳23.80 | -13.4% | ||
| 2026-10-19 | New 52-week closing low | ৳25.00 | -8.0% | ||
| 2026-10-12 | Volume three times or more its 20-day average | ৳25.00 | +0.0% | ||
| 2026-10-07 | MACD crossed below its signal line | ৳25.60 | -2.0% | ||
| 2026-10-05 | RSI fell to 30 or below | ৳26.00 | -3.8% | ||
| 2026-10-05 | Volume three times or more its 20-day average | ৳26.00 | -3.8% | ||
| 2026-10-04 | New 52-week closing low | ৳26.40 | -3.8% | ||
| 2026-09-16 | RSI rose back above 30 | ৳26.70 | +1.1% | -6.0% | |
| 2026-09-15 | New 52-week closing low | ৳26.50 | +1.5% | -5.3% | |
| 2026-09-14 | RSI fell to 30 or below | ৳27.00 | -0.4% | -7.4% | |
| 2026-09-06 | MACD crossed above its signal line | ৳27.50 | -1.1% | -4.0% | |
| 2026-09-06 | RSI rose back above 30 | ৳27.50 | -1.1% | -4.0% | |
| 2026-08-23 | RSI fell to 30 or below | ৳27.60 | -1.4% | -2.5% | |
| 2026-08-20 | RSI rose back above 30 | ৳28.80 | -4.9% | -7.3% | |
| 2026-08-17 | RSI fell to 30 or below | ৳28.80 | -5.2% | -8.0% | |
| 2026-08-11 | RSI rose back above 30 | ৳29.80 | -4.7% | -7.7% | |
| 2026-08-10 | RSI fell to 30 or below | ৳29.70 | -3.0% | -7.4% | |
| 2026-07-30 | Trend label changed from Sideways to Downtrend | ৳31.10 | -3.9% | -12.5% | -26.0% |
| 2026-07-30 | MACD crossed below its signal line | ৳31.10 | -3.9% | -12.5% | -26.0% |
| 2026-07-28 | Trend label changed from Downtrend to Sideways | ৳32.00 | -5.0% | -14.1% | -27.2% |
| 2026-07-23 | Trend label changed from Sideways to Downtrend | ৳31.80 | -2.2% | -13.2% | -21.4% |
| 2026-07-16 | Trend label changed from Downtrend to Sideways | ৳32.30 | -1.5% | -8.7% | -22.6% |
| 2026-07-15 | Trend label changed from Sideways to Downtrend | ৳31.90 | +0.6% | -7.5% | -20.4% |
| 2026-07-13 | Trend label changed from Downtrend to Sideways | ৳32.20 | +0.9% | -7.5% | -20.5% |
| 2026-07-13 | MACD crossed above its signal line | ৳32.20 | +0.9% | -7.5% | -20.5% |
| 2026-06-29 | MACD crossed below its signal line | ৳31.30 | +0.6% | +2.2% | -14.1% |
| 2026-06-24 | Trend label changed from Sideways to Downtrend | ৳33.00 | -4.5% | -3.6% | -18.5% |
| 2026-06-18 | Trend label changed from Downtrend to Sideways | ৳34.80 | -5.5% | -6.9% | -23.9% |
| 2026-06-17 | Trend label changed from Sideways to Downtrend | ৳33.50 | -1.5% | -3.6% | -19.4% |
| 2026-06-16 | Volume three times or more its 20-day average | ৳34.10 | -2.1% | -6.5% | -20.2% |
| 2026-06-15 | Trend label changed from Downtrend to Sideways | ৳35.20 | -4.3% | -7.7% | -21.3% |
| 2026-06-15 | MACD crossed above its signal line | ৳35.20 | -4.3% | -7.7% | -21.3% |
| 2026-06-15 | Volume three times or more its 20-day average | ৳35.20 | -4.3% | -7.7% | -21.3% |
| 2026-06-11 | RSI rose back above 30 | ৳29.10 | +19.6% | +8.9% | -5.5% |
| 2026-06-11 | Volume three times or more its 20-day average | ৳29.10 | +19.6% | +8.9% | -5.5% |
| 2026-06-10 | MACD crossed below its signal line | ৳26.50 | +26.4% | +17.7% | +3.4% |
| 2026-05-13 | MACD crossed above its signal line | ৳32.60 | +0.0% | -1.8% | -8.6% |
| 2026-05-06 | New 52-week closing low | ৳32.60 | +0.0% | +0.0% | -6.4% |
| 2026-04-30 | Trend label changed from Sideways to Downtrend | ৳33.30 | -2.1% | -2.1% | -3.9% |
| 2026-04-29 | RSI fell to 30 or below | ৳34.70 | -6.1% | -6.1% | -8.4% |
| 2026-04-29 | Closed below the nearest support level | ৳34.70 | -6.1% | -6.1% | -8.4% |
| 2026-04-28 | 50-day average crossed below the 200-day average | ৳35.80 | -8.4% | -8.9% | -11.2% |
| 2026-04-08 | Closed above the nearest resistance level | ৳40.20 | -5.2% | -18.9% | -21.9% |
| 2026-04-01 | Closed above the nearest resistance level | ৳40.00 | +0.5% | -13.2% | -19.8% |
| 2026-03-29 | Closed below the 200-day average | ৳39.90 | -3.3% | -9.0% | -16.3% |
| 2026-03-24 | MACD crossed below its signal line | ৳41.40 | -6.3% | -12.6% | -15.9% |
| 2026-03-23 | MACD crossed above its signal line | ৳42.50 | -8.0% | -13.9% | -21.2% |
Signal history for this stock
How often the price was higher 20 trading days after each signal, on this stock, since our records start. Small counts mean little; costs are not included.
| Signal | Times | Higher after 20 days | Median move |
|---|---|---|---|
| MACD crossed above its signal line | 16 | 6% | -7.7% |
| MACD crossed below its signal line | 15 | 20% | -6.7% |
| Closed above the nearest resistance level | 15 | 33% | -5.3% |
| RSI rose back above 30 | 13 | 31% | -6.0% |
| RSI fell to 30 or below | 13 | 31% | -6.1% |
| Closed above the 200-day average | 11 | 36% | -4.4% |
| Closed below the 200-day average | 10 | 40% | -0.2% |
| Closed below the nearest support level | 6 | 33% | -4.9% |
| RSI fell back below 70 | 6 | 33% | -3.6% |
| RSI rose to 70 or above | 6 | 50% | +2.3% |
| New 52-week closing low | 3 | 33% | +0.0% |
| 50-day average crossed below the 200-day average | 3 | 0% | -8.9% |
| 50-day average crossed above the 200-day average | 2 | 0% | -0.7% |
| New 52-week closing high | 1 | 0% | -15.3% |
- Computed from daily closing prices (method t1, wording agent-2); history kept from 2024-10-28.
- Describes price history only. Not investment advice, not a rating or a price target.