S. Alam Cold Rolled Steels Limited (SALAMCRST) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
S. Alam Cold Rolled Steels has been falling for most of the past year. In March and April the price reached ৳18.4, its 52-week high. Since then every rebound has ended lower: ৳14.5 in August, ৳13.6 in September and ৳13.5 in October. Each time price fell back toward ৳11.0, where it has now found a floor twice. The stock closed at ৳11.4, down 0.87 percent on the day. It trades under the 50-day average of ৳11.96 (the average closing price of the last 50 trading days) and the 200-day average of ৳13.81, and both lines slope downward. Trading volume, the number of shares changing hands, has shrunk to 0.75 times its recent average, so the moves are happening on low participation. The levels that matter are ৳11.0 below and ৳11.96 above.
Key levels
Support is a price area where falling prices have stopped before; resistance is where rises have stalled. On this stock the area around ৳11.0 to ৳11.1 held in both September and October, so it is the nearest support. Above, the 50-day average at ৳11.96 and the spike highs of ৳13.5 to ৳13.6 are where rallies ran out of steam.
Trend on each timeframe
The monthly, weekly, daily and hourly charts all point the same way. On each one price is below its moving average, and each average is turning down. The only difference is scale: the monthly and weekly charts show a multi-year slide, while the hourly chart shows a narrow ৳11.4 to ৳12.0 drift with brief spikes in mid-October.
Monthly Down
Each candle is one month and the chart spans about ten years. The orange line is the 12-month simple average of closes, now at ৳13.90, and the lower panel shows RSI (14) at 38.4, a measure of how strong recent gains were against losses. Price has fallen from the 2022 peak area to ৳11.4, trading below the average and curling down. A huge-volume spike in 2025 has faded into thin monthly volume, with the current month at 66.18K shares so far.
Weekly Down
Each candle is one week, covering about four years. The orange line is the 10-week average (৳11.80) and the blue line the 40-week average (৳14.07); MACD in the middle panel compares two moving averages to show momentum. After the February 2026 jump to a ৳18.4 weekly high, price faded back, and the 10-week average has crossed under the 40-week. MACD sits at -0.92 against its signal at -0.87, both below zero. Weekly volume has shrunk from 4.8 million in February to 66,183 this week.
Daily Down
Each candle is one trading day, covering the last 250 days. The green line is the 50-day average (৳11.96) and the purple line the 200-day average (৳13.81); both slope downward with the 50-day under the 200-day. Price spiked from ৳12.0 to ৳16.0 in February on heavy volume, reached ৳18.4 in March and April, then slid to ৳11.0 in September and October. The bounces since then topped at ৳13.5 and ৳13.6 before fading, and recent daily volume of 66,183 is light.
Hourly Down
Each candle is one trading hour, covering about two months. The orange line is the 20-hour exponential average (৳11.54) and the blue line the 50-hour (৳11.65); exponential averages give more weight to recent prices. Price spiked to about ৳13.5 in mid-October and was sold back down, then drifted between ৳11.4 and ৳12.0. It now sits at ৳11.40 under both lines, with hourly RSI at 41.8, and volume bars are small apart from the two October spikes.
Momentum and volume
Momentum readings are soft but not extreme. RSI at 42.7 shows sellers slightly ahead, though it is nowhere near the oversold line of 30. MACD is almost flat just under zero, and ADX at 25.3 shows a moderate trend. Volume is light, so neither buyers nor sellers are pushing hard right now.
Each candle is one trading day over roughly the last six months. The shaded band is Bollinger Bands (20, 2), which spans two standard deviations around the 20-day average: ৳11.11 to ৳12.19 with the midline at ৳11.65. Below are RSI (42.73), MACD (-0.14 against signal -0.13) and ADX (25.27), which measures trend strength regardless of direction. Price has pressed along the lower half of the bands since mid-October, and the bands have narrowed from their September width, while MACD has flattened just under zero.
What would change the picture
The scenario cards describe conditions to watch on the chart, not predictions. Each one names a closing price and says what that would change about the picture. None of them says the stock will reach that price; they simply show which levels carry the most weight.
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 | ৳11.40 |
- 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.