Phoenix Finance & Investments Limited (PHOENIXFIN) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
Phoenix Finance has been through a long decline. Weekly prices show it falling from ৳10.3 in August 2024 to a low of ৳1.8 in November 2025. From there it rebounded to ৳5.5 in March 2026, then settled into a range. Since April the price has mostly moved between about ৳3.1 and ৳4.5. The latest dip took it to ৳2.8 on 12 October, and it has recovered to ৳3.6 since, with trading volume rising to 1.82 times its recent average on the last day. Two averages frame the picture. The 200-day average, the average closing price of the last 200 trading days, is ৳3.68, just above the price. The 50-day average, the same idea over 50 days, is ৳3.49, just below it. With price squeezed between the two and both averages flat, the chart shows a market that has not yet picked a direction. The stock moves in steps of ৳0.1, so small price changes show up as large percentages.
Key levels
Support is a price area where falls have stopped before; resistance is where rises have stalled. For this stock, ৳3.3 to ৳3.4 and the ৳2.8 October low are the nearest floors. The 200-day average near ৳3.68 to ৳3.7 is the first ceiling, followed by ৳4.5 and the ৳5.5 March high.
Trend on each timeframe
The monthly and weekly charts both show price near their long averages with no clear direction, after a very large fall. The daily chart is a range between about ৳3.1 and ৳4.5. The hourly chart has turned up from the October low. The shorter charts are improving while the longer ones are undecided.
Monthly Sideways
This chart covers about ten years, and each candle is one month. The orange line is the 12-month simple average, the average closing price of the last twelve months, at 3.63. The middle panel is the RSI (14), a 0 to 100 gauge of buying versus selling pressure, now 38.74. The bottom panel is volume. The long slide began from far higher prices. Weekly bars show a fall from 10.3 in August 2024 to a low of 1.8 in November 2025, followed by a rise to 5.5 in March 2026. The current month is 3.6, about level with the average.
Weekly Sideways
This chart covers about four years, and each candle is one week. The orange line is the 10-week average (3.46) and the blue line is the 40-week average (3.81). The MACD panel compares two averages of price to show momentum: line -0.08, signal -0.05, histogram -0.03, so momentum is flat just under zero. Price fell from 10.3 in August 2024 to 1.8 in November 2025, then rebounded to a 5.5 high in March 2026 on volume above 7.9 million shares a week. Since April the weekly closes have ranged from 3.1 to 4.2.
Daily Sideways
This chart covers about one year of trading, and each candle is one day. The green line is the 50-day average (3.49) and the purple line is the 200-day average (3.68); both have flattened and the 50-day has crossed below the 200-day. Price fell to 1.8 in November 2025, then rose to a 5.5 high on 11 March 2026 on heavy volume. Since April it has moved between roughly 3.1 and 4.5, with a 2.8 low on 12 October and a recovery to 3.6, where the 200-day average sits just above.
Hourly Up
This chart covers about two months, and each candle is one hour of trading. The orange line is the 20-hour exponential average (3.53) and the blue line is the 50-hour (3.47); exponential means recent prices count for more. Both fell from about 3.9 in early September to the 2.8 low in mid-October, then turned up as price rebounded to 3.7 on 20 October. Price has since held between 3.3 and 3.7 and is now above both averages. RSI is 55.05 and hourly volume was rising at the last bar, 167,580 shares.
Momentum and volume
Momentum has improved from a weak October. The RSI is 58.6 and the daily MACD has moved above its signal line, but both are modest readings. The ADX at 21.7 says there is no strong trend. The last session's volume was above average, which supports the bounce.
This chart covers about six months, and each candle is one day. The shaded band is the Bollinger Bands (20, 2): a 20-day average at 3.29 with outer lines two standard deviations away, 3.76 above and 2.81 below. The panels beneath show RSI (58.6), MACD (line 0.04, signal -0.02, histogram 0.06) and ADX with its directional lines (ADX 21.7, +DI 18.5, -DI 33.3). Price touched the lower band at the 12 October low of 2.8, then moved back through the midline and now closes at 3.6, inside the upper half of the bands.
What would change the picture
The scenario cards are conditions to watch, not predictions. Each one names a closing price on the daily chart and describes what that event would mean for the chart structure if it happened. They do not say it will happen.
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 Downtrend to Sideways | ৳3.60 | |||
| 2026-10-29 | Trend label changed from Sideways to Downtrend | ৳3.40 | |||
| 2026-10-29 | Closed below the nearest support level | ৳3.40 |
- 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.