DSE : SONALIANSH

Sonali Aansh Industries Limited (SONALIANSH) technical report

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

৳191.00-6.1%
Daily trend: SidewaysWeekly trend: SidewaysStrength: ModerateVolatility: HighLiquidity: High
Sonali Aansh fell 6.14% to ৳191.00, closing below its 200-day average and the September low after a sharp slide from ৳259.7.
Price has dropped from the October 13 high of ৳259.7 to ৳191.00; today's candle opened at ৳201.00 and closed near its low on 500,104 shares. RSI is 31.85 and price is under the lower Bollinger band; the 40-week average (৳193.51) sits right at price.
✦ Analyst agent's read
Breakdown
Price fell 26% from ৳259.7 in under three weeks and closed below the September low (৳194.0) and the 200-day average.
ClarityMixed
Key level৳194.00 (above)
September low, now overhead; 200-day average 193.04 sits beside it
From TradingView charts on four timeframes. Describes structure; not a forecast or advice.

In plain words

Sonali Aansh Industries reached a peak of ৳359.0 in late 2024, then lost more than half its value to a low of ৳135.0 in May 2025. Since then it has moved in a wide range, with a low of ৳150.0 in March 2026 and a high of ৳259.7 on October 13, 2026. That October peak came on heavy trading and was followed by a fast drop: the price is now ৳191.00, about 26% below the high. Two reference lines frame the picture. The 200-day average (the average closing price of the last 200 trading days) is ৳193.04, and today's close is just under it. The 50-day average (the same idea over 50 days) is ৳218.73, well above price. The latest session closed 6.14% lower with above-average volume, so the move down is happening on real trading activity, not thin volume.

Key levels

Support is a price area where falls have paused before; resistance is where rises have stalled. For this stock the September swing low of ৳194.0 and the 200-day average (৳193.04) have just been broken, so that zone now sits above price. Below, ৳174.1 (February low) and ৳150.0 to ৳152.0 (March to April lows) are the next marked floors. Overhead, ৳233.7 to ৳235.9 and the October peak at ৳259.7 are the highs.

৳259.70
Resistance: October 13 high
52-week high; sharp reversal followed
+36.0%
৳233.70–235.90
Resistance: Aug-Oct swing highs
August high ৳235.9, early October ৳233.7
+22.9%
৳193.04–194.00
Resistance: September low / 200-day
Broken swing low and average, now overhead
+1.3%
৳191.00
Last close
৳190.00
Support: Nov 1 low
Today's intraday low
-0.5%
৳174.10
Support: February low
Prior floor before the March decline
-8.8%
৳150.00–152.00
Support: March-May lows
Lows of ৳150.0 in March and ৳152.0 in April
-20.9%

Trend on each timeframe

The monthly and weekly charts are neutral, with price sitting on the 12-month and 40-week averages after a wide range. The daily and hourly charts are clearly down: price is under the 50-day and 200-day averages and far below the hourly ones, with hourly RSI at 13.38. So the short horizons are weak while the longer ones are undecided.

Monthly Sideways

After peaking near ৳359 in late 2024, price has ranged between ৳135 and ৳260; the 12-month average (৳191.17) is flat and price is on it.
Monthly, ~8 years: SMA 12, RSI 14, volume
Monthly, ~8 years: SMA 12, RSI 14, volume. Chart: TradingView.

Each candle is one month, covering about eight years. The orange line is the 12-month average of closes (৳191.17), the middle panel is RSI (14) at 48.36, and the bottom panel is volume. Price climbed from the low ৳20s in 2018 to a peak near ৳359 in late 2024, then pulled back to ৳135 in May 2025. Since then it has moved between roughly ৳150 and ৳260, and this month's candle (৳191.00) sits almost exactly on the 12-month line. Volume this month is 500,104 shares so far.

Weekly Sideways

Price (৳191.00) is under the 10-week (৳216.22) and on the 40-week average (৳193.51); MACD is below its signal line.
Weekly, ~4 years: SMA 10/40, MACD, volume
Weekly, ~4 years: SMA 10/40, MACD, volume. Chart: TradingView.

Each candle is one week, covering nearly four years. The orange line is the 10-week average (৳216.22) and the blue line the 40-week average (৳193.51); below are MACD, a momentum gauge built from two averages (line 5.86, signal 8.65, histogram -2.78), and volume. After a high of ৳359.0 in November 2024, price sank to ৳135.0 in May 2025, rebuilt to ৳259.7 by October 2026 with 3.15 million shares in one week, then gave back most of it: this week's close of ৳191.00 is under the 10-week line and on the 40-week line.

Daily Down

Down about 26% from the October high; below the 50-day (৳218.73) and now below the 200-day (৳193.04); ADX 24.18 with -DI dominant.
Daily, ~1 year: SMA 50/200, volume
Daily, ~1 year: SMA 50/200, volume. Chart: TradingView.

Each candle is one trading day for the last 250 sessions. The green line is the 50-day average (৳218.73), the purple line the 200-day average (৳193.04), and the bars below are volume. Price fell to ৳150.0 in March 2026, was back above the 200-day line by early July, ranged between ৳194.0 and ৳235.9 through the summer, and spiked to ৳259.7 on October 13 on heavy volume (about 647,000 shares on October 7 and 8). It has since fallen to ৳191.00, below both averages, today on 500,104 shares.

Hourly Down

Lower highs since October 13; price far below the 20 and 50-hour averages (৳204.86, ৳216.76); RSI 13.38.
Hourly, ~2 months: EMA 20/50, RSI 14, volume
Hourly, ~2 months: EMA 20/50, RSI 14, volume. Chart: TradingView.

Each candle is one hour of trading, covering about two months from early September. The orange line is the 20-hour exponential average (৳204.86), the blue line the 50-hour (৳216.76), with RSI (13.38) and volume below. Price climbed to ৳259.7 on October 13, then fell in steps, with each rally stalling under the falling averages. The last sessions dropped from the October 29 close of ৳203.50 to ৳191.00, and hourly RSI at 13.38 is very low.

Momentum and volume

Momentum is negative across the board. RSI (a 0-100 gauge of recent strength) is 31.85, close to the 30 mark that traders often call oversold, and MACD has fallen below zero. ADX, which measures trend strength, is 24.18 with downward pressure dominant. Volume of 500,104 shares is 1.14 times its average, so the drop has had real participation.

RSI (14)
31.85
Near oversold
Hourly RSI is 13.38, far lower
MACD (12,26,9)
-4.29 / 1.18
Below signal
Histogram -5.48; line has dropped below zero
ADX (14)
24.18
Trend building
-DI 33.77 far above +DI 12.81
Bollinger (20, 2)
191.00 vs 195.52
Below lower band
Bands ৳195.52 to ৳260.31; width about 28% of the middle line
Volume
1.14x average
Above average
500,104 shares on a -6.14% day
Daily, ~6 months: Bollinger 20/2, RSI, MACD, ADX
Daily, ~6 months: Bollinger 20/2, RSI, MACD, ADX. Chart: TradingView.

Each candle is one trading day over roughly the last 120 sessions. Bollinger Bands (20, 2) wrap a 20-day average (৳227.92) with bands at ৳260.31 and ৳195.52; price closed at ৳191.00, below the lower band. Below that are RSI (31.85), MACD (line -4.29, signal 1.18, histogram -5.48) and ADX with directional lines (ADX 24.18, +DI 12.81, -DI 33.77). The readings are all negative: RSI is near the 30 mark, MACD has dropped below zero, and downward pressure (-DI) is well above upward pressure (+DI).

What would change the picture

The scenario cards describe conditions to watch on the chart and what each would mean for the structure. They are not predictions of where price is heading. Each is tied to a daily close, the closing price at the end of a trading day, because closes carry more weight than brief intraday moves.

If Daily close above ৳194.00
Price would be back above the broken September low and the 200-day average (৳193.04).
If Daily close above ৳218.73
Price would retake the 50-day average, which the October decline broke through.
If Daily close below ৳190.00
Price would close under today's low, leaving ৳174.1 as the next marked floor.

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
2026-11-01Closed below the 200-day average৳191.00
2026-11-01Closed below the nearest support level৳191.00