DSE : PUBALIBANK

Pubali Bank PLC. (PUBALIBANK) technical report

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

৳42.60-0.7%
Daily trend: UpWeekly trend: UpStrength: StrongVolatility: LowLiquidity: Medium
Pubali Bank trades at ৳42.60 near its ৳43.70 record high after breaking out of a month-long range on heavy volume.
A ৳42.90 close on October 29 lifted price above the ৳41.20 October high. All horizons slope upward, though monthly RSI at 77.8 and a close above the upper Bollinger band show a stretched move.
✦ Analyst agent's read
Uptrend
Higher highs on every horizon; price above rising 50- and 200-day averages and broke out of the ৳39.30–৳41.20 October range.
ClarityClear
Key level৳40.00 (below)
October range top, now first support below price
From TradingView charts on four timeframes. Describes structure; not a forecast or advice.

In plain words

Pubali Bank's share price has been rising for more than two years. It traded around ৳16–৳20 from 2018 to 2023, began climbing in 2024, and sped up from mid-2025. Over the past year it has moved from about ৳24 to ৳42.60, with pauses in March–May and again in September. Through October it held between ৳39.30 and ৳41.20. On October 29 it broke above that range to ৳42.90 on heavy trading, setting a high of ৳43.70. Price is well above the 50-day average (the average closing price of the last 50 trading days, ৳39.26) and the 200-day average (the average of the last 200 trading days, ৳35.43), and both are rising. The levels that matter are the ৳43.70 high above, the ৳41.00–৳41.20 old range top below, and the ৳39.30–৳40.00 October floor.

Key levels

Support is where buyers have stepped in before; resistance is where rises have stalled. For Pubali, ৳41.20 capped price through October and now sits below price as possible support. The ৳39.30–৳40.00 area held every dip in October. Above, the only marked level is the ৳43.70 high, since price has never traded higher.

৳43.60–43.70
Resistance: Record high
October 29 high ৳43.70; November 1 high ৳43.60.
+2.5%
৳42.60
Last close
৳40.90–41.20
Support: October high / gap
Old range top; the breakout candle opened at ৳41.00.
-3.6%
৳39.30–40.00
Support: October range floor
Repeated October lows; 50-day average at ৳39.26 just below.
-6.9%
৳37.10–37.70
Support: September lows
Swing low of the August–September pullback.
-12.2%
৳35.40
Support: 200-day average
Long-term average, rising.
-16.9%

Trend on each timeframe

All four charts point the same way. The monthly, weekly and daily averages are rising, and the hourly chart is above its averages. The difference is in how stretched each one is: monthly RSI is 77.8 and daily price is above its upper Bollinger band, while the hourly chart has already cooled.

Monthly Up

Steady climb since 2023; price ৳42.60 is well above the 12-month average ৳36.06, monthly RSI 77.8.
Monthly, ~10 years: SMA 12, RSI 14, volume
Monthly, ~10 years: SMA 12, RSI 14, volume. Chart: TradingView.

Each candle is one month, covering about ten years. The yellow line is the 12-month simple average; RSI 14 (momentum, 0–100) and volume are below. Price moved sideways around ৳16–৳20 from 2018 to 2023, then began rising in 2024. The rise sped up from mid-2025, taking price from about ৳22 to ৳43.70 this week. The current month is at ৳42.60, well above the 12-month average of ৳36.06. Monthly RSI is 77.8, above 70, the zone usually called stretched.

Weekly Up

Price above the 10-week (৳39.83) and 40-week (৳36.10) averages, both rising; weekly MACD 2.05 above signal 1.88.
Weekly, ~4 years: SMA 10/40, MACD, volume
Weekly, ~4 years: SMA 10/40, MACD, volume. Chart: TradingView.

Each candle is one week, covering about four years. The orange line is the 10-week average and the blue line the 40-week average; MACD shows momentum and volume is at the bottom. A jump from about ৳26 to ৳37.30 came in January–February 2026, followed by a pullback to ৳29.70 in March. Since then price has made higher highs, and last week closed at ৳42.90, up from ৳40.30, on 4.97 million shares. Both averages are rising (৳39.83 and ৳36.10). Weekly MACD (2.05) has turned back above its signal (1.88).

Daily Up

Price ৳42.60 is above the 50-day (৳39.26) and 200-day (৳35.43) averages; the October 29 breakout traded 1.93M shares.
Daily, ~1 year: SMA 50/200, volume
Daily, ~1 year: SMA 50/200, volume. Chart: TradingView.

Each candle is one trading day, covering about a year. The green line is the 50-day average and the purple line the 200-day average (average close of the last 200 trading days); volume is below. Price has climbed in steps from about ৳24 last November, with pauses in March–May and September. Through October it held between ৳39.30 and ৳41.20. On October 29 it closed at ৳42.90 on 1.93 million shares, about three times the prior day. It sits at ৳42.60, above both rising averages: ৳39.26 and ৳35.43.

Hourly Up

Price ৳42.60 above the 20-hour (৳41.98) and 50-hour (৳41.13) EMAs; hourly RSI eased from above 80 to 62.
Hourly, ~6 weeks: EMA 20/50, RSI 14, volume
Hourly, ~6 weeks: EMA 20/50, RSI 14, volume. Chart: TradingView.

Each candle is one hour of trading, covering about six weeks. The orange line is the 20-hour exponential average and the blue line the 50-hour one; RSI and volume are below. Price rose from ৳37.10 in mid-September to a ৳41.20 peak on October 11, then moved sideways near ৳40. On October 29 it gapped up to ৳43.70. It has since held between about ৳42.30 and ৳43.60, closing at ৳42.60, above the 20-hour (৳41.98) and 50-hour (৳41.13) averages. Hourly RSI has cooled from above 80 to 62.

Momentum and volume

Buying interest is strong. RSI, a 0–100 momentum gauge, is 72.5, above the 70 level often called overbought. MACD is positive and rising. The ADX trend-strength reading is 27.6, with buyers dominating sellers. Volume spiked to 1.93 million shares on the breakout day but has dropped to 676K, below average.

RSI (14)
72.5
Overbought zone
Above 70 after the breakout; highest reading since July.
MACD (12,26,9)
0.75 / 0.53
Positive
MACD above signal and rising after a flat October.
ADX (14)
27.6
Trending
+DI 37.8 far above −DI 13.3; ADX rising.
Bollinger (20,2)
37.86–42.54
Above upper band
Close ৳42.60 just above the ৳42.54 upper band.
Volume vs avg
0.75×
Below average
1.93M on October 29; 676K in the latest session.
Daily, ~6 months: Bollinger Bands 20/2, RSI, MACD, ADX/DMI
Daily, ~6 months: Bollinger Bands 20/2, RSI, MACD, ADX/DMI. Chart: TradingView.

Each candle is one trading day, covering about six months. The shaded channel is the Bollinger Bands: a 20-day average (৳40.20) with bands two standard deviations either side (৳37.86 and ৳42.54). Below are RSI, MACD and ADX/DMI. Through October the bands narrowed while price held near ৳40. The October 29 jump pushed price above the upper band, where it still closes at ৳42.60. RSI is 72.5, above 70. MACD 0.75 is above its signal 0.53. ADX is 27.6, with +DI 37.8 far above −DI 13.3.

What would change the picture

The scenario cards are conditions to watch, not predictions. Each describes what a daily close beyond a level would mean for the chart, such as a new record or a return into the old range. None says which outcome will happen.

If Daily close above ৳43.70
Price would set a new record close above the breakout high, with no older resistance overhead.
If Daily close below ৳41.00
Price would be back inside the October range, undoing the breakout.
If Daily close below ৳39.30
Price would break the October floor and the 50-day average together.

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
2026-10-29RSI rose to 70 or above৳42.90
2026-10-29New 52-week closing high৳42.90