Renwick, Jajneswar & Co. (Bd) Ltd. (RENWICKJA) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
Renwick Janeswar's share price spent most of 2026 between about ৳422 and ৳600 before a sharp rally in June and July took it to ৳1,075 on 22 July. From there it fell back to ৳690.7 on 11 October, then jumped again on very heavy trading, reaching ৳955.7 on 15 October. Since then it has moved sideways, between ৳750.1 and ৳885.0, and closed at ৳789.5 on 1 November. The price sits just above the 50-day average (the average closing price of the last 50 trading days, ৳763.40) and well above the 200-day average (৳625.98), which shows the longer-term path has been upward. The ৳885.0 level, the late-October high, and the ৳777.0 level, the recent low, are the nearest edges of the range. Trading volume, the number of shares changing hands, has dropped sharply from the October surge, so the latest candles reflect little trading.
Key levels
Support is a price area where falls have paused before; resistance is where rises have stalled. On Renwick, ৳777.0 was tested on 29 October and 1 November, with ৳750.1 and the 50-day average at ৳763.40 just beneath. Above, ৳880.8–885.0 capped late-October rallies, and ৳955.7 marks the 15 October spike high. The ৳690.7 low from 11 October is the last major floor.
Trend on each timeframe
The monthly and weekly charts both show an upward turn from the January low of ৳422.5, with price above the long averages. The daily chart is sideways inside ৳750.1–885.0. The hourly chart leans down, with price below its 20- and 50-hour averages. The longer horizons are positive while the shortest is soft, so the pictures only partly agree.
Monthly Up
This chart covers about ten years, one candle per month. The orange line is the 12-month simple average of closes (৳623.54 now); the middle panel is RSI (14), a 0–100 momentum gauge, and the bottom panel is volume. After peaking at ৳1,698 in April 2019, the stock slid to a low of ৳422.5 in January 2026. July 2026 reached ৳1,075 on 96,262 shares, and October traded 189,754 shares with a high of ৳955.7. The current candle (November so far) trades ৳777.2–824.9. RSI reads 60.35.
Weekly Up
This chart covers about four years, one candle per week. Two lines are drawn: the 10-week average (৳763.63, orange) and the 40-week average (৳644.07, blue). The MACD panel compares two trend speeds (47.08 against its signal line at 53.15) and the bottom panel shows volume. From a long stretch near ৳750.1 in 2023 the stock fell to a low of ৳422.5 in January 2026. A July run took it to ৳1,075; the week of 11 October traded 122,595 shares, the heaviest week shown. The last week closed at ৳789.5.
Daily Sideways
This chart shows 250 daily candles, about a year (one candle = one trading day). The green line is the 50-day average (৳763.40) and the purple line the 200-day average (৳625.98); the bottom panel is volume. Price stayed between ৳422.5 and ৳615.7 from November to June, then climbed to ৳1,075 on 22 July. It fell to ৳690.7 on 11 October, jumped on volume of 29,453 shares on 12 October, and peaked at ৳955.7 on 15 October. Since then it has held ৳750.1–885.0 and last closed at ৳789.5.
Hourly Down
About 200 hourly candles, roughly two months (one candle = one hour). The orange line is the 20-hour exponential average (৳811.02) and the blue line the 50-hour (৳812.06), both giving more weight to recent prices; RSI and volume sit below. Price fell to ৳690.7 on 11 October, then surged on heavy volume to ৳955.7 on 15 October. Since then the highs have stepped down from ৳885.0 on 25 October to ৳880.8 on 27 October and ৳824.9 on 1 November, and price now trades under both averages with RSI at 41.58.
Momentum and volume
Momentum has cooled. An RSI near 51 means neither buyers nor sellers dominate. MACD, which compares a fast and a slow average, has flattened, and its weekly version has slipped below its signal line. ADX at 27.08 says some trend strength remains. Volume is about a third of its average, so buying interest has faded since mid-October.
This chart shows 120 daily candles, about six months. The shaded band is Bollinger Bands (20, 2): a 20-day average with lines two standard deviations either side; it widened sharply in July and again in October. Below are RSI (50.90), MACD (16.21 against a signal of 16.24, histogram −0.03) and ADX with directional lines (ADX 27.08, +DI 27.36, −DI 16.53). Price closed at ৳789.5, just above the middle line (৳780.44). Momentum has cooled since mid-October: RSI is back near 50 and MACD has flattened.
What would change the picture
The scenario cards describe conditions to watch. Each one says what a particular daily close would mean for the structure of the chart. They are not predictions, and price can do something else entirely.
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 below its signal line | ৳789.50 |
- 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.