DSE : JHRML

JMI Hospital Requisite Manufacturing Limited (JHRML) technical report

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

৳36.70-4.7%
Daily trend: DownWeekly trend: DownStrength: StrongVolatility: MediumLiquidity: Low
JHRML closed at ৳36.70, a new 52-week low, after slipping below its September–October floor near ৳39.5–40.0.
The stock has fallen 37% from its August high of ৳58.20 and sits below its 50-day and 200-day averages. Daily RSI at 25.9 is oversold, while ADX at 34.8 shows a strong downtrend.
✦ Analyst agent's read
Downtrend
Price is below every moving average on all four horizons and at a new 52-week low, with ADX 34.8 confirming a strong falling trend.
ClarityClear
Key level৳39.50 (above)
Sep–Oct floor, broken this week, now overhead
From TradingView charts on four timeframes. Describes structure; not a forecast or advice.

In plain words

JMI Hospital Requisite Manufacturing (JHRML) has been falling for about eleven weeks. In August the share price reached ৳58.20 on the heaviest trading of the year, but it has dropped almost every week since and closed today at ৳36.70, down 4.68% on the day and the lowest level in the past year. That is about 37% below the August high. The stock now trades below its 50-day average (the average closing price of the last 50 trading days, ৳43.59) and its 200-day average (the average of the last 200 days, ৳46.11), which means recent buyers on both short and long horizons are holding losses. In October the 50-day average fell below the 200-day average, a sign the decline has lasted long enough to pull down the longer measure too. The levels that matter now are ৳39.50–40.00, a floor that held in September and October but broke last week, and today's low of ৳36.40.

Key levels

Support is a price where buying has stopped a fall before; resistance is where selling has stopped a rise. For JHRML, ৳39.50–40.00 acted as support twice, in mid-September and late October, before giving way. Broken support often becomes resistance. Above that, ৳42.70–43.60 capped the October bounce, and the 200-day average at ৳46.10 sits higher still.

৳46.10
Resistance: 200-day average
Long-term average; price has been under it since late August.
+25.6%
৳42.70–43.60
Resistance: October high / 50-day
15 Oct bounce high ৳42.70 and 50-day average ৳43.59.
+17.6%
৳39.50–40.00
Resistance: Sep–Oct floor
Held in September and October; broken on 28 October.
+8.3%
৳36.70
Last close
৳36.40
Support: Today's low
New 52-week low; no lower daily level in the past year.
-0.8%

Trend on each timeframe

All four views point the same way. The monthly chart shows lower peaks since 2022, the weekly chart is below both its averages with falling momentum, the daily chart has its 50-day under its 200-day, and the hourly chart is below both short averages. The only difference is degree: short-term readings are very stretched, longer ones are simply weak.

Monthly Down

Lower highs since the 2022 listing spike to ৳142.80; latest peak ৳58.20 in August failed. Close ৳36.70 below the 12-month average ৳44.38.
Monthly, since 2022 listing: SMA 12, RSI 14, volume
Monthly, since 2022 listing: SMA 12, RSI 14, volume. Chart: TradingView.

One candle is one month, covering the stock's whole trading history since listing in 2022. The orange line is the 12-month average (৳44.38), and the lower panel shows RSI, a 0–100 momentum gauge (39.1 now). After a burst to ৳142.80 in October 2022, each rally has peaked lower: about ৳88.90 in 2023, ৳78.90 in 2024, ৳63.90 in September 2025 and ৳58.20 in August 2026. November opened at ৳38.60 and trades at ৳36.70, the lowest monthly level since the listing month. Volume has shrunk a lot from the 2022–2023 levels.

Weekly Down

Below the 10-week (৳42.27) and 40-week (৳46.34) averages; MACD −2.40 under its signal −1.10 and still falling.
Weekly, ~4 years: SMA 10/40, MACD, volume
Weekly, ~4 years: SMA 10/40, MACD, volume. Chart: TradingView.

One candle is one week, covering roughly four years. The orange line is the 10-week average (৳42.27) and the blue line the 40-week average (৳46.34). The MACD panel compares a fast and slow average; it is at −2.40 against its signal line at −1.10, so downward momentum is building. The May–August 2026 rally from about ৳44 to ৳58.20 came on heavy volume, with a 4.9 million-share week in August. Since then price has closed lower in most weeks, losing both averages in September, and this week trades at ৳36.70.

Daily Down

Below the 50-day (৳43.59) and 200-day (৳46.11); the 50-day crossed under the 200-day in October.
Daily, ~1 year: SMA 50/200, volume
Daily, ~1 year: SMA 50/200, volume. Chart: TradingView.

One candle is one trading day, covering about the last year. The green line is the 50-day average (৳43.59) and the purple line the 200-day average (৳46.11). From December 2025 to April 2026 the stock ranged mostly between ৳41.50 and ৳48.00. It broke higher in May and peaked at ৳58.20 on 12 August on 2.83 million shares, the biggest volume of the year. It has fallen since, dropping below the 200-day line in late August, and the 50-day line turned under the 200-day in October. Today's close of ৳36.70 is the low of the year.

Hourly Down

Below the 20-hour (৳38.59) and 50-hour (৳39.66) EMAs, both falling; hourly RSI 23.7.
Hourly, ~2 months: EMA 20/50, RSI, volume
Hourly, ~2 months: EMA 20/50, RSI, volume. Chart: TradingView.

One candle is one trading hour, covering about two months. The orange line is the 20-hour average (৳38.59) and the blue line the 50-hour average (৳39.66). Price has stayed mostly below both since late September, with brief bounces to ৳45.60 (22 September) and ৳42.70 (15 October) that faded. On 1 November it slid from ৳38.60 to a low of ৳36.40 across the session, with the heaviest hourly volume (55,384 shares) on the drop. Hourly RSI is 23.7, deeply oversold.

Momentum and volume

Selling pressure is strong and steady. The ADX trend-strength reading of 34.8 shows a firm trend, and the sellers' line is far above the buyers'. RSI at 25.9 means the fall has been fast enough to count as oversold. Volume today was about 1.6 times its recent average, so the drop to a new low came with more trading, not less.

RSI (14)
25.9
Oversold
Below 30, the usual oversold mark; lowest since September.
MACD (12,26,9)
-1.45
Bearish
Below its signal −1.26 and below zero.
ADX (14)
34.8
Strong trend
−DI 35.9 far above +DI 10.1: sellers dominate.
Bollinger (20,2)
Below lower band
Stretched
Close ৳36.70 under the lower band ৳37.82.
Volume vs average
1.61x
Above average
132,514 shares on a down day.
Daily, ~6 months: Bollinger Bands 20/2, RSI, MACD, ADX
Daily, ~6 months: Bollinger Bands 20/2, RSI, MACD, ADX. Chart: TradingView.

One candle is one trading day over about six months. The shaded channel is Bollinger Bands, a 20-day average (৳40.60) with bands two standard deviations above (৳43.37) and below (৳37.82). Today's close of ৳36.70 is outside the lower band. RSI (25.9) is under 30, oversold. MACD (−1.45) sits below its signal (−1.26). The ADX panel reads 34.8 with the selling line (−DI 35.9) well above the buying line (+DI 10.1), meaning a strong downward trend. The last similar reading came in mid-September before a short bounce.

What would change the picture

The scenario cards list price conditions and what each would change in the chart's structure. They are not predictions of what will happen. They simply describe which levels would matter if price reached them, so a reader can see how the picture would shift.

If Daily close back above ৳40.00
Price would be back inside the broken September–October floor, easing the breakdown.
If Daily close above ৳43.60
Would reclaim the 50-day average and the October bounce high.
If Daily close below ৳36.40
Would extend the series of new 52-week lows with no recent support beneath.

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.

DateChangeCloseNext 5 daysNext 20 daysNext 60 days
2026-11-01RSI fell to 30 or below৳36.70
2026-10-29MACD crossed below its signal line৳38.50