Saiham Cotton Mills Ltd. (SAIHAMCOT) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
Saiham Cotton Mills rose from a low of ৳12.0 in May 2025 to ৳26.8 on 2 September 2026, more than doubling, with trading volume growing along the way. Since that peak the price has fallen back, reaching ৳19.7 on 26 October, and has recovered to close at ৳21.6 on 1 November. Two moving averages frame the current picture. The 200-day average, the average closing price of the last 200 trading days, is ৳20.68, and price is just above it. The 50-day average is ৳22.26, and price is just below it. With an upper edge near ৳24.4 and a lower edge at ৳19.7, the stock has been moving inside a wide band. Volume has been light in recent sessions, at about two-thirds of its usual level, so the bounce has come on modest trading.
Key levels
Support is a price where falls have paused; resistance is where rises have stalled. On Saiham, ৳19.7 is the low of the October pullback, and the 200-day average near ৳20.68 sits just above it. Overhead, ৳22.3–22.7 combines the 50-day average and the mid-October high, followed by ৳24.4 and the ৳26.8 September peak. ৳18.6 is the next floor from May.
Trend on each timeframe
The monthly and weekly charts show an uptrend of higher lows since 2025, with price above the 12-month and 40-week averages. The daily chart is mixed, sitting between its 200-day and 50-day averages after a pullback. The hourly chart has turned up, with price above both hourly averages. The shorter views are recovering, while weekly MACD is still sliding.
Monthly Up
This chart covers about ten years, one candle per month. The orange line is the 12-month average of closes (৳20.98); RSI (14) and volume are below. The stock peaked at ৳31.9 in January 2019, bottomed at ৳11.5 in May 2021 and ৳12.0 in May 2025, then rose to ৳26.8 in September 2026 on monthly volume of 132 million shares. October fell back to a ৳19.7 low and closed at ৳21.3. November so far trades ৳21.1–21.7, with RSI at 57.05.
Weekly Up
This chart covers about four years, one candle per week. The orange line is the 10-week average (৳22.33) and the blue line the 40-week average (৳20.82); MACD (0.45 against a signal of 0.68) and volume are below. The stock fell to ৳12.0 in late May 2025, then climbed with the 40-week average rising beneath it. The peak week, starting 30 August, reached ৳26.8 and closed at ৳24.0 on 47.9 million shares. Price later dipped to ৳19.7, touched the 40-week line, and closed the latest week at ৳21.6.
Daily Sideways
This chart shows 250 daily candles, about a year (one candle = one trading day). The green line is the 50-day average (৳22.26), the purple line the 200-day average (৳20.68), with volume below. Price rose from near ৳15.4 in November 2025 to ৳26.8 on 2 September, then slid under the 50-day line. On 26 October it dipped to ৳19.7, just below the 200-day line, and has since closed above it at ৳21.6 on 1.54 million shares, below its average volume.
Hourly Up
About 200 hourly candles, roughly two months (one candle = one hour). The orange line is the 20-hour exponential average (৳21.13) and the blue line the 50-hour (৳21.11); RSI and volume are below. Price fell from near ৳24.4 in early October to ৳19.7 on 26 October, then climbed above both averages. The latest session's high of ৳21.7 is the highest in about two weeks, with RSI at 61.44 and the two averages nearly equal and starting to rise.
Momentum and volume
Momentum is neutral. RSI is near 50, so neither buyers nor sellers lead. MACD, which compares a fast and a slow average, has just edged above its signal line from negative levels. ADX at 17.86 points to a weak trend, and selling pressure (−DI) is still slightly above buying pressure (+DI). Volume is about two-thirds of average, so the recent bounce has had moderate participation.
This chart shows 120 daily candles, about six months. Bollinger Bands (20, 2) draw a 20-day average (৳21.58) with bands two standard deviations either side (৳19.58 to ৳23.58); price ran close to the lower band in late October and is now back at the middle line. RSI is 49.78, MACD has just edged above its signal line (−0.43 against −0.46), and ADX at 17.86 with −DI 22.25 over +DI 18.33 shows a weak, undecided trend.
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 above its signal line | ৳21.60 |
- 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.