Olympic Accessories Limited (OAL) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
Olympic Accessories has been in a long slide. Over the past year the share price has ranged from a low of ৳3.8 in November 2025 to a high of ৳7.4 in June and August 2026. From March to September it moved sideways between roughly ৳5.5 and ৳7.4. In September and October it dropped out of that range, falling through the 200-day average (the average closing price of the last 200 trading days, now ৳6.17) and the 50-day average (৳6.07) to a low of ৳4.7 on 27 October. Over the next few sessions price recovered and closed at ৳5.40 on 1 November, up 3.85% on the day, which is still about 27% below the 52-week high of ৳7.4. Both averages are above price, and the 50-day is falling toward the 200-day. The levels that matter most are ৳5.52 above (the middle of the Bollinger Bands, a 20-day average) and ৳5.1 to ৳5.2 and ৳4.7 below.
Key levels
Support is a price area where buyers have stepped in before; resistance is an area where selling has appeared. On this stock ৳4.7 is support from the 27 October low, ৳5.1 to ৳5.2 holds the recent closes, and ৳5.52, ৳5.8 to ৳5.9 and ৳6.07 to ৳6.17 are resistance from earlier highs and the two averages.
Trend on each timeframe
The monthly, weekly and daily charts all show price below their averages and falling, which is a downtrend on every horizon longer than a day. The hourly chart disagrees: price has risen back to the 50-hour average and RSI is 55.2. The short bounce has not yet changed the longer pictures.
Monthly Down
Monthly candles over about ten years (one candle is one month), with a 12-month simple average (SMA 12, the mean of the last 12 monthly closes, at ৳6.01), RSI (14) in the middle panel and monthly volume at the bottom. Price peaked near ৳23.5 in early 2024 on the heaviest volume of the period, then fell to a ৳3.8 low in November 2025. Since then it has traded roughly between ৳4.7 and ৳7.4. The current month closes at ৳5.40, below the SMA 12. Monthly RSI is 39.75.
Weekly Down
Weekly candles over about four years (one candle is one week), with SMA 10 (৳5.92) and SMA 40 (৳6.28), the average weekly close of the last 10 and 40 weeks, then MACD (a momentum gauge built from two moving averages) and weekly volume. The 10-week line now sits below the 40-week line and price at ৳5.40 is below both. The 2024 peak was ৳23.5 and the November 2025 low was ৳3.8. The latest week traded as low as ৳4.7 before closing at ৳5.4. MACD reads -0.24 against a signal of -0.08, with a histogram of -0.16.
Daily Down
Daily candles over about one year (one candle is one trading day), with SMA 50 (৳6.07) and SMA 200 (৳6.17), the average close of the last 50 and 200 days, plus volume at the bottom. After the November 2025 low of ৳3.8 price rebuilt into a range of roughly ৳5.5 to ৳7.4 that lasted until September. From mid-September it fell through both averages to a ৳4.7 low on 27 October on 270,967 shares, then closed at ৳5.40. The largest volume of the year was 2.2 million shares in late June.
Hourly Sideways
Hourly candles over about two months (one candle is one trading hour), with EMA 20 (৳5.28) and EMA 50 (৳5.39), averages that weight recent hours more, then RSI (14) and volume. Price slid from near ৳7 in early September to a ৳4.7 low in the last week of October, then bounced to ৳5.40, level with the 50-hour line and above the 20-hour line. Hourly RSI is 55.16. Volume rose during the sharp drop and the rebound that followed it.
Momentum and volume
Momentum is weak but no longer falling. RSI is 40.6 after dipping under 30 in October, and MACD has flattened. ADX is 46.9, meaning the downtrend has been strong, with sellers' directional line well above buyers'. Volume is only slightly above average, so the bounce has had modest participation.
Daily candles over about six months (120 trading days), with Bollinger Bands (20, 2): a 20-day average at ৳5.52 and bands two standard deviations either side, at ৳5.09 and ৳5.95. The panels below show RSI (14) at 40.64, MACD at -0.23 against a signal of -0.24, and ADX with its directional lines (ADX 46.9, +DI 11.0, -DI 28.7). Price touched below the lower band during the October drop and the last close of ৳5.40 is back inside the bands, under the midline. RSI has turned up from below 30.
What would change the picture
The scenario cards list conditions to watch, not predictions. Each one names a price and says what that move would mean for the chart's structure if it happened, such as price reclaiming a moving average 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.
| Date | Change | Close | Next 5 days | Next 20 days | Next 60 days |
|---|---|---|---|---|---|
| 2026-11-01 | MACD crossed above its signal line | ৳5.40 | |||
| 2026-11-01 | RSI rose back above 30 | ৳5.40 |
- Computed from daily closing prices (method t1, wording agent-2); history kept from 2026-11-01.
- Describes price history only. Not investment advice, not a rating or a price target.