Peoples Insurance PLC (PEOPLESINS) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
People's Insurance has been in a strong advance over the past year. Price rose from ৳30.7 in November 2025 to a high of ৳70.5 in August 2026. Since mid-June it has moved back and forth between roughly ৳52.0 and ৳70.5, so the chart reads as a wide range inside a larger rise. The latest close of ৳61.50 follows a 6.03% gain on volume 4.05 times the average. That lifted price back above its 50-day average (the average closing price of the last 50 trading days, ৳59.49) and keeps it well above its 200-day average (৳51.59). It also pushed price just over the upper Bollinger band, a line drawn two standard deviations above a 20-day average, which marks a price high relative to the recent past. The levels to watch are ৳65.0 to ৳66.5 and ৳70.5 above, and ৳58.2 to ৳59.49 and ৳53.3 below.
Key levels
Resistance is where rises have stalled; support is where declines have paused. Here resistance sits at ৳62.2 (the latest high), then ৳65.0 to ৳66.5, where June to September rallies faded, and ৳70.5, the August peak. Support starts at ৳58.2 to ৳59.49, near the 50-day average, then ৳53.3 to ৳53.7, the October lows, and the 200-day average near ৳51.59.
Trend on each timeframe
The monthly and weekly charts show an uptrend, with price above rising averages. The daily chart is a wide range since mid-June, and the hourly chart has turned up sharply. The disagreement is in momentum: weekly MACD is falling below its signal line while daily and hourly readings improved this week.
Monthly Up
About ten years of candles, one per month. The orange line is the 12-month average of closing prices, the RSI panel is a 0 to 100 gauge of recent strength, and volume bars sit at the bottom. Price reached a peak in 2022, fell back to the mid-20s by 2025, then climbed again through 2026, when volume was heavy. The latest close of ৳61.50 is above the 12-month average at ৳52.24, which slopes up, and RSI reads 66.93, in the upper part of its range.
Weekly Up
About four years of weekly candles. The orange line is the 10-week average and the blue line the 40-week average of closing prices; below are MACD, a momentum gauge built from two averages, and volume bars. After a low of ৳24.0 in June 2025, price climbed to a weekly high of ৳70.5 in mid-August 2026. It then pulled back to a low of ৳52.8 in mid-September and recovered. Both averages slope up, but MACD has turned down: the line is 2.15 against a 3.25 signal, with a histogram of -1.10. This week closed at ৳61.50.
Daily Sideways
One candle per trading day for 250 sessions. The green line is the 50-day average and the purple line the 200-day average of closing prices; volume bars are at the bottom. Price climbed from ৳30.7 in November 2025 to ৳70.5 in August, then fell back and swung between ৳53.3 and ৳65.0. The latest candle opens at ৳58.2 and closes at ৳61.5, up 6.03%, on 715,750 shares, far above the volume of recent days. Both averages slope up, and the 50-day average at ৳59.49 sits just under the close.
Hourly Up
About two months of hourly candles, each covering one hour of trading. The orange line is the 20-hour exponential average and the blue line the 50-hour one; exponential averages weight recent prices more. RSI sits below and volume bars at the bottom. Price fell from ৳65.0 in late September to a low near ৳53.3 in October, then rose in a steep run to ৳61.50. Both lines now slope up, with the 20-hour line above the 50-hour line. RSI is 72.53, above the 70 mark often read as stretched.
Momentum and volume
Momentum has swung from weak to firm in a few sessions. RSI is 59.83 against its 42.82 average, and daily MACD has moved above its signal line. Volume of 715,750 shares is 4.05 times average, meaning far more shares changed hands than usual on the rise. The hourly RSI of 72.53 is high, which can mark a stretched short-term move.
One candle per trading day for about 120 sessions. The shaded band is Bollinger Bands: a 20-day average with lines two standard deviations either side, which widen when prices swing more. Below are RSI (strength of recent moves, 0 to 100), MACD (momentum from two averages) and ADX (trend strength, whatever the direction). The close of ৳61.50 is above the upper band (৳61.27) and well above the middle line (৳57.19). RSI is 59.83, MACD is -0.64 against a -1.08 signal, and ADX is 26.74.
What would change the picture
The scenario cards describe conditions to watch on the chart, not predictions. Each pairs a price level with what a daily close beyond it would mean for the structure. Price can stay between the levels for a long time, and none of these conditions has happened yet.
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 | Trend label changed from Sideways to Uptrend | ৳61.50 | |||
| 2026-11-01 | Volume three times or more its 20-day average | ৳61.50 | |||
| 2026-10-29 | MACD crossed above its signal line | ৳58.00 |
- 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.