Summit Alliance Port Limited (SAPORTL) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
Summit Alliance Port climbed strongly over the past year, from ৳38.10 in early December 2025 to a spike high of ৳64.30 on 17 June 2026, when 16.1 million shares changed hands. It then fell back to about ৳48.80 in early July before recovering to ৳62.50 by mid-August. Since then the stock has moved sideways, swinging between roughly ৳56 and ৳62.50 for three months. Today it closed at ৳58.80, down 1.01%, near the middle of that range. The 50-day average (the average closing price of the last 50 trading days) has flattened at ৳59.41, while the 200-day average at ৳51.91 is still rising. Trading has become much quieter: most October sessions saw under one million shares, against 5–16 million in June. The levels that matter are ৳62.50 above and ৳56 below.
Key levels
Support is a price where buyers have stepped in before; resistance is where sellers have. For this stock, ৳62.00–62.50 turned price back in August, September and again on 29 October. On the downside, ৳56.00–56.20 held on 1 September and on 11 and 13 October, each time followed by a bounce.
Trend on each timeframe
The monthly chart still shows an uptrend, with price above the rising 12-month average at ৳51.97. The weekly and daily charts are flat: price hugs the 10-week and 50-day averages inside the ৳56–62.50 range. The hourly chart leans down after the 29 October rejection at ৳62.00. The long view is up; the shorter views show a pause.
Monthly Up
Each candle is one month, covering roughly ten years. The orange line is the 12-month average closing price (৳51.97); below are RSI, a 0–100 momentum gauge, and volume. After a low near ৳17 in late 2024, the stock climbed through 2025 and 2026 to above ৳60. The latest monthly candles are small, showing little net change, while price stays above the rising 12-month average. Monthly RSI is 75.4, above the 70 line often read as stretched. Monthly volume has dropped sharply from the mid-2026 peak.
Weekly Sideways
Each candle is one week over about four years. The orange line is the 10-week average (৳59.14) and the blue line the 40-week average (৳53.14); MACD shows momentum and the bottom panel volume. The stock rose steeply from mid-2025, spiked to ৳64.30 in the week of 14 June 2026 on the heaviest volume of the chart, then pulled back and recovered. Since August the weekly candles have stayed between about ৳56 and ৳62.50, the 10-week average has flattened, and MACD (2.45) sits below its signal (2.96).
Daily Sideways
Each candle is one trading day over about a year. The green line is the 50-day average (৳59.41) and the purple line the 200-day average (৳51.91). Price climbed from ৳38.10 in early December 2025 to a ৳64.30 spike on 17 June on 16.1M shares, fell back to ৳48.80, then rose to ৳62.50 by mid-August. Since then it has swung between roughly ৳56 and ৳62.50 while the 50-day average flattened. Today it closed at ৳58.80, down 1.01%, on 438K shares.
Hourly Down
Each candle is one trading hour over about eight weeks. The orange line is the 20-hour exponential average (৳59.39) and the blue line the 50-hour one (৳58.99); RSI and volume sit below. Price fell from ৳62.30 in late September to ৳56.00 on 13 October, then rallied to ৳62.00 on 29 October with hourly RSI near 80. It reversed the same day and has slipped back to ৳58.80, below both averages, with hourly RSI at 44.1.
Momentum and volume
Momentum readings are neutral. RSI is at 49.6, the midpoint between strong and weak. The MACD lines are close to zero, and trend strength (ADX 16.2) is low, meaning there is no clear push either way. Volume has dried up compared with the busy June–July period, so interest in the stock is currently subdued.
Each candle is one trading day over about six months. Bollinger Bands draw a channel two standard deviations around the 20-day average; it now spans ৳56.17 to ৳60.50, much narrower than in June. RSI is 49.6, right at the midpoint. MACD's line (0.04) sits just above its signal (−0.20), both near zero. ADX, a trend-strength gauge, is 16.2, below the 20 level usually read as trendless, with +DI 21.5 and −DI 20.2 almost equal. Together they describe a quiet, directionless market.
What would change the picture
The scenario cards are conditions to watch, not forecasts. Each one describes what a daily close beyond a particular level would mean for the chart's structure, such as leaving the range. They do not say which outcome is more likely.
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 |
|---|---|---|---|---|---|
| 2026-10-29 | Trend label changed from Uptrend to Sideways | ৳59.40 | |||
| 2026-10-29 | Volume three times or more its 20-day average | ৳59.40 |
- 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.