JMI Syringes & Medical Devices Limited (JMISMDL) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
JMI Syringes & Medical Devices (JMISMDL) has spent most of the past two years moving sideways. After a run to ৳163.40 in early July, the share price gave back those gains over August to October and dipped to ৳115.00 on 25 October. It then rebounded, and today it jumped to ৳132.00 early in the session before sellers pushed it down to ৳118.00; it closed at ৳123.10, down 4.20%. Trading was about four times its recent average, so many shares changed hands during that swing. The price now sits just below both its 50-day average (the average closing price of the last 50 trading days, ৳129.11) and its 200-day average (the last 200 days, ৳129.21). Those two lines are nearly equal and flat, which is typical of a stock without a clear direction. The levels that matter are ৳129–132 above and ৳115–118 below.
Key levels
Support is a price where falls have stopped before; resistance is where rises have stalled. For JMISMDL, ৳115.00 halted the October slide and buyers returned there. Today ৳132.00 acted as resistance, with price dropping ৳14 from it within the session. The 50- and 200-day averages at about ৳129 sit between the two.
Trend on each timeframe
The monthly and daily charts both show a sideways band, with flat averages. The weekly chart leans weaker, sitting below its 10- and 40-week averages with MACD falling. The hourly chart shows today's sharp reversal from above its short averages to just below them. Longer views say range; the weekly view says momentum is still fading.
Monthly Sideways
One candle is one month, covering about ten years. The orange line is the 12-month average (৳127.16) and the lower panel is RSI, a 0–100 momentum gauge (41.8). The stock traded between roughly ৳200 and ৳390 from 2019 to 2022, then sat flat at ৳255.50 through 2023 before falling to ৳165.20 in January 2024. Since then it has moved sideways between about ৳105.90 and ৳179.80. The latest swing up reached ৳163.40 in July 2026 and has since faded back to ৳123.10.
Weekly Down
One candle is one week over about four years. The orange line is the 10-week average (৳127.74) and the blue line the 40-week average (৳130.21). The MACD panel compares fast and slow averages; at −2.13 against a signal of −0.08 it shows weakening momentum. After the July rally to ৳163.40, weekly closes stepped lower through August to October. Late October dipped to ৳115.00, and this week's candle spans ৳118.00 to ৳132.00 with a long upper wick, closing at ৳123.10 below both averages.
Daily Sideways
One candle is one trading day over about a year. The green line is the 50-day average (৳129.11) and the purple line the 200-day average (৳129.21); they are nearly equal and flat. From December to June the stock held between about ৳116 and ৳128, then ran to ৳163.40 on 8 July on heavy volume. It slid back through August and September, touched ৳115.00 on 25 October, and today spiked to ৳132.00 before closing at ৳123.10 on 46,504 shares, the most since 11 August.
Hourly Sideways
One candle is one trading hour over about two months. The orange line is the 20-hour average (৳125.54) and the blue line the 50-hour average (৳124.65). Price drifted lower through September and October, dipped to ৳115.00 on 25 October, then climbed back above both averages and reached ৳132.00 early today. The rally reversed within the session, sliding to ৳118.00 before closing at ৳123.10, just under both averages. Hourly RSI dropped from about 70 to 46.2.
Momentum and volume
Momentum is mixed. RSI at 45.5 is in the middle of its range, and the daily MACD has turned slightly up from a low level. ADX at 18 says there is no strong trend in either direction. Volume was heavy today, but it came with a rejection from the high, so buying and selling were both active.
One candle is one trading day over about six months. The shaded channel is Bollinger Bands: a 20-day average (৳124.66) with bands two standard deviations above (৳130.49) and below (৳118.82). Today's spike poked above the upper band before closing in the lower half. RSI (45.5) is mid-range. MACD (−1.79) is above its signal (−2.24), a mild improvement while still below zero. ADX at 18.0 is under 20, meaning no strong trend, with the buying line (+DI 20.3) only slightly above the selling line (−DI 16.6).
What would change the picture
The scenario cards describe price conditions and what each would change in the chart's structure. They are not forecasts. They show which levels would shift the picture from a sideways range toward a rise or a fall, if price were to reach them.
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 | 50-day average crossed below the 200-day average | ৳123.10 | |||
| 2026-11-01 | Closed below the nearest support level | ৳123.10 | |||
| 2026-11-01 | Volume three times or more its 20-day average | ৳123.10 | |||
| 2026-10-29 | Closed above the nearest resistance level | ৳128.50 |
- 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.