Islamic Finance and Investment PLC. (ISLAMICFIN) technical report

As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data

In plain words

Key levels

Support is where falls have tended to stop; resistance is where rises have tended to stop. The October low at ৳9.70 acted as support until this week and now sits above price. The ৳10.60-11.00 zone stopped the late-October bounce. ৳12.60 capped the whole 2026 recovery.

Trend on each timeframe

The horizons disagree. The monthly chart still shows a recovery from ৳5.30, with price only slightly below its 12-month average. The weekly, daily and hourly charts have all turned down since August, with price under their averages. The short-term weakness is testing the longer-term recovery.

Monthly Sideways

Recovered from ৳5.30 (Nov 2025) to ৳12.60, now ৳9.40, just under the 12-month average ৳10.55. Monthly RSI 43.9.

Monthly, ~10 years: SMA 12, RSI 14, volume. Chart: TradingView.

Each candle is one month, about ten years in all. The orange line is the 12-month average (৳10.55); the panels show RSI (a 0-100 momentum gauge) and volume. The stock peaked above ৳30 in 2021, then a long decline followed, with a flat spell at ৳19.70 through 2023 and a sharp fall in 2024. The low came in November 2025 at ৳5.30. Through 2026 price recovered to ৳12.60, then eased; the November candle sits at ৳9.40, slightly below the 12-month line. Monthly RSI is 43.9, mid-range.

Weekly Down

Below 10-week (৳10.37) and 40-week (৳10.91) averages; 10-week turning under the 40-week. MACD -0.24 under signal 0.02.

Weekly, ~4 years: SMA 10/40, MACD, volume. Chart: TradingView.

Each candle is one week, about four years. The orange line averages 10 weekly closes (৳10.37), the blue line 40 (৳10.91); MACD tracks the gap between two moving averages. After the ৳5.30 low in November 2025, weekly closes climbed to ৳12.40 in late July 2026, with the 10-week line above the 40-week. Since August closes have stepped down from ৳12.40 to ৳9.40, the 10-week line has dropped below the 40-week, and MACD (-0.24) is under its signal (0.02). Weekly volume peaked near 5 million shares in July.

Daily Down

Close ৳9.40 below the 50-day (৳10.63) and 200-day (৳10.79); the 50-day has just slipped under the 200-day.

Daily, ~1 year: SMA 50/200, volume. Chart: TradingView.

Each candle is one trading day, about a year. The green line is the 50-day average (৳10.63), the purple the 200-day (৳10.79). From ৳5.30 in November 2025, price rose to ৳12.00 by March, ranged ৳10-11.60 in spring, then reached ৳12.60 in late July. Since August it has made lower highs. A late-October bounce to ৳11.00 failed: on October 29 the price fell from ৳10.70 to ৳9.70 on 802,697 shares, and today closed ৳9.40, under both averages, which are now nearly crossing.

Hourly Down

Below the 20-hour (৳9.95) and 50-hour (৳10.12) EMAs; hourly RSI near 30 after the October 29 selloff.

Hourly, ~2 months: EMA 20/50, RSI, volume. Chart: TradingView.

Each candle is one hour of trading, about two months. The orange and blue lines are 20- and 50-hour exponential averages (৳9.95 and ৳10.12), which weight recent prices more. Price drifted from ৳11.40 in early September to about ৳9.80 by mid-October, bounced to ৳11.00 in late October with RSI above 60, then dropped hard on October 29 with the largest hourly volume of the period. It now sits at ৳9.40, under both averages, with hourly RSI near 30.

Momentum and volume

Momentum has turned weak. RSI fell from about 60 to 33 in a few days, and MACD has just crossed below its signal line. The October 29 drop came with heavy selling volume, while today's trading was closer to normal, so the biggest burst of selling was two sessions ago.

Each candle is one trading day, roughly June to November 2026. Bollinger Bands show a 20-day average (৳10.14) with bands two standard deviations above (৳10.86) and below (৳9.42). Price rode the upper band to ৳12.60 in July-August, then slid along the lower half. A late-October rebound touched the upper band near ৳11.00 before two red days took it to ৳9.40, at the lower band. RSI dropped to 33.3, MACD (-0.19) just crossed under its signal, and ADX 27.5 with -DI above +DI shows a moderate downward push.

What would change the picture

Scenario cards are conditions to watch, not predictions. Each one describes what a daily close above or below a specific price would mean for the chart's structure, such as reclaiming a broken level or setting a new low.

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.

• 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.