DSE : NRBCBANK

NRBC Bank PLC. (NRBCBANK) technical report

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

৳9.20+3.4%
Daily trend: UpWeekly trend: UpStrength: StrongVolatility: MediumLiquidity: Low
NRBC Bank closed at ৳9.20, sitting on its 50-day average inside a ৳8.9 to ৳9.7 range after August's spike to ৳11.0.
The stock rose from ৳4.9 in November 2025 to ৳11.0 in August 2026, then settled into a sideways band. Momentum is neutral and the long-term averages still slope upward.
✦ Analyst agent's read
Range
Since the August peak at ৳11.0 price has held ৳8.4 to ৳9.7 near its 50-day average, with long-term averages still rising.
ClarityMixed
Key level৳8.90 (below)
Floor of the October range; touched again on Oct 29
From TradingView charts on four timeframes. Describes structure; not a forecast or advice.

In plain words

NRBC Bank fell for almost four years, from above ৳16 in early 2024 to a low of ৳4.9 in mid November 2025. Since then it has recovered. By mid August 2026 price spiked to ৳11.0 on very heavy trading, then gave back part of that move and has since drifted sideways. Today it closed at ৳9.20, up 3.37 percent. It sits almost exactly on the 50-day average, the average closing price of the last 50 trading days, now ৳9.06. The 200-day average, the same idea over 200 days, is ৳7.55 and still rising. Over the past two months the stock has stayed between roughly ৳8.4 and ৳9.7, and daily trading has shrunk to around 100,000 shares. The levels that matter most are ৳9.70 above, ৳8.80 to ৳8.90 below, and ৳11.0 as the August peak.

Key levels

Support is a price area where falling prices have stopped before; resistance is where rising prices have stalled. For NRBC Bank, ৳9.5 to ৳9.7 has capped rallies several times in October, while ৳8.8 to ৳8.9 has held each dip since late August. Further down, ৳8.4 was the September low.

৳11.00
Resistance: August high
Peak of the August 16 spike, 16.4% above the close.
+19.6%
৳9.50–9.70
Resistance: October highs
Intraday highs of ৳9.7 on Oct 1 and late October.
+4.3%
৳9.20
Last close
৳8.80–8.90
Support: Range floor
Lows of ৳8.9 on Oct 29 and ৳8.8 in late August.
-3.8%
৳8.40–8.50
Support: September low
September 10 low of ৳8.4; August 30 low of ৳8.5.
-8.2%
৳7.50–7.60
Support: 200-day average
SMA 200 is at ৳7.55, near the July base.
-17.9%

Trend on each timeframe

The monthly and weekly charts show a recovery from the November 2025 low, with price above rising averages. The daily and hourly charts show a pause: price moves sideways around its short averages. So the bigger picture is positive, while the recent weeks show no clear direction.

Monthly Up

Long fall from the 2022 peak ended near ৳4.9; recent monthly candles are higher and above the rising 12-month average at ৳7.54.
Monthly, ~10 years: SMA 12, RSI 14, volume
Monthly, ~10 years: SMA 12, RSI 14, volume. Chart: TradingView.

This monthly chart covers about ten years; each candle is one month. The orange line is the 12-month simple average of closes, now ৳7.54, and the purple RSI panel measures how strong recent gains are against losses on a 0 to 100 scale. The stock fell from the 2022 area highs to a low near ৳4.9 in late 2025, then turned up. The latest monthly candles sit at ৳9.20, above the average, with RSI at 55.26. Volume today is far below the 2021 to 2022 peaks.

Weekly Up

Close ৳9.20 is just above SMA 10 (৳9.11) and well above SMA 40 (৳7.87); MACD is edging down from its peak.
Weekly, ~4 years: SMA 10/40, MACD, volume
Weekly, ~4 years: SMA 10/40, MACD, volume. Chart: TradingView.

This weekly chart shows about four years; each candle is one week. The orange line is the 10-week average (৳9.11) and the blue line the 40-week average (৳7.87). The panel below shows MACD, which compares a fast and slow average to gauge momentum; its lines are at 0.50 and 0.56 with the histogram at -0.06. After falling to ৳4.9 in November 2025, price climbed to ৳11.0 in the week of August 16, 2026, then retreated to ৳8.8 to ৳9.7. Weekly volume of 6.8M in the August 9 week stands out; recent weeks are far lighter.

Daily Sideways

Price oscillates around the 50-day average (৳9.06) between ৳8.9 and ৳9.7; 200-day average ৳7.55 is well below.
Daily, ~1 year: SMA 50/200, volume
Daily, ~1 year: SMA 50/200, volume. Chart: TradingView.

This daily chart covers about a year; each candle is one trading day. The green line is the 50-day average (৳9.06) and the purple line the 200-day average (৳7.55). Price rose from ৳5.0 in January to a ৳11.0 high on August 16, backed by 3.86M shares on August 11, then dropped to ৳8.5 by August 30. Since then it has traded between about ৳8.4 and ৳9.7, closing today at ৳9.20. Volume has faded to roughly 100,000 shares a day, though today was 1.41 times the recent average.

Hourly Sideways

Hourly candles bounce between ৳8.9 and ৳9.3; EMA 20 (৳9.09) is just under EMA 50 (৳9.13); RSI 54.
Hourly, ~6 weeks: EMA 20/50, RSI, volume
Hourly, ~6 weeks: EMA 20/50, RSI, volume. Chart: TradingView.

This hourly chart covers about six weeks; each candle is one hour of trading. The orange line is the 20-hour exponential average (৳9.09), which weights recent prices more, and the blue line the 50-hour one (৳9.13). Price has moved mostly between ৳8.9 and ৳9.3, with brief spikes to ৳9.7 on October 1, mid-October and late October. Trading ticks in ৳0.10 steps, so candles look coarse. RSI is 54.07, near neutral, and hourly volume is thin except for a few bursts in September.

Momentum and volume

Momentum is neutral. RSI at 53 and MACD near zero show neither buyers nor sellers in control. The ADX of 26.5 says the trend has weakened since August. Volume was 1.41 times the recent average today, but daily trading is still far below the August peak.

RSI (14)
53.2
Neutral
Mid-range; recovered from a dip near 40 on Oct 29.
MACD (12,26,9)
0.01 / 0.02
Flat
Both lines near zero; histogram -0.01.
ADX (14)
26.5
Moderate trend
+DI 23.6 above -DI 12.4; trend strength fading from August.
Bollinger (20,2)
8.89 to 9.38
Narrow band
Close above the middle ৳9.14; width about 5% of price.
Volume vs average
1.41x
Above average
Today 113,487 shares; recent days mostly 40k to 200k.
Distance from 200-day EMA
+15.6%
Above
Long-term average still rising beneath price.
Daily, ~6 months: Bollinger 20/2, RSI, MACD, ADX
Daily, ~6 months: Bollinger 20/2, RSI, MACD, ADX. Chart: TradingView.

This daily chart covers about six months, one candle per trading day. The shaded band is Bollinger Bands (20 days, 2 standard deviations): a channel around the 20-day average that widens when price swings more; it spans ৳8.89 to ৳9.38 now. RSI is 53.21, MACD lines sit at 0.01 and 0.02, and ADX, which measures trend strength regardless of direction, is 26.52 with +DI 23.58 and -DI 12.37. The August surge pushed RSI above 80 and ADX near 60; both have cooled since.

What would change the picture

The scenario cards describe conditions to watch, not predictions. Each one says what a close above or below a level would mean for the chart's structure. The price may do none of these things, and the cards do not suggest any action.

If Daily close above ৳9.70
Price would clear the October highs and the top of the current range, a first step toward the ৳11.0 August peak.
If Daily close below ৳8.80
Price would break under the range floor and the 50-day average, leaving ৳8.4 to ৳8.5 as the next reference.
If Daily close below ৳7.55
Price would fall under the 200-day average, weakening the longer-term uptrend structure.

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
2026-11-01Trend label changed from Sideways to Uptrend৳9.20
2026-10-29Trend label changed from Uptrend to Sideways৳8.90
2026-10-29Volume three times or more its 20-day average৳8.90