Southeast Bank PLC (SOUTHEASTB) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
Southeast Bank's share price has been in a long recovery. After falling to about ৳6.17 in mid-2025, it climbed for more than a year and reached ৳12.90 in mid-September 2026, its highest price since 2022. Since that peak the price has eased back and has spent October moving sideways between roughly ৳11.00 and ৳12.00. It closed at ৳11.60 on 1 November, down 2.5% on the day. The price is well above its 200-day average (the average closing price of the last 200 trading days), which is ৳10.01, so the longer-term direction is still upward. It is sitting right on its 50-day average (the average of the last 50 closes), ৳11.68, which shows the short-term move has flattened out. The levels that matter now are ৳12.00 above, where October rallies stopped, and ৳11.00 below, where the price found buyers twice in October. Beyond those, ৳12.90 is the September high.
Key levels
Support is a price where buying has stopped falls before; resistance is where selling has stopped rises. On this stock, ৳11.00 acted as support on 5 and 17 October, while ৳12.00 capped the rally on 29 October. The larger ceiling is the ৳12.90 September peak, and the area around ৳10.00-10.40 (July lows and the 200-day average) sits below.
Trend on each timeframe
The monthly and weekly charts both show an uptrend: price is above the 12-month and 40-week averages, which are still rising. The daily and hourly charts disagree in tone: they show a sideways range since late September, with price sitting on the 50-day average. In short, a pause inside a bigger upward move.
Monthly Up
This chart covers roughly ten years; one candle is one month. The orange line is the 12-month simple average of closing prices (৳10.06 now), the lower panel is RSI (14), a 0-100 momentum gauge, and the bottom panel is monthly volume. After sliding to a low of ৳6.17 in June 2025, the stock climbed for over a year, reaching ৳12.90 in September 2026, its highest level since 2022. Price is ৳11.60, above the rising 12-month line. RSI is 63.8, firm but below 70. Volume picked up strongly during August and September 2026.
Weekly Up
This chart covers about four years; one candle is one week. The orange line is the 10-week average (৳11.73) and the blue line the 40-week average (৳10.16). The MACD panel compares a fast and slow average to show momentum; the bottom panel is weekly volume. The stock rose from about ৳8.50 in spring 2026 to a ৳12.90 high in mid-September, on heavy weekly volume of up to 35.7 million shares. Since then weekly closes have ranged ৳11.20-11.90, around the 10-week line. MACD (0.56) has slipped just under its signal (0.62), showing the up-move has paused.
Daily Sideways
This chart covers about one year; one candle is one trading day. The green line is the 50-day average (৳11.68) and the purple line the 200-day average (৳10.01); the bottom panel is daily volume. The stock rose steadily from a ৳7.29 low in November 2025 to ৳12.90 on 13-14 September 2026, with volume spikes above 8 million shares in August and September. It then pulled back to ৳11.00 (5 and 17 October) and has since moved between ৳11.00 and ৳12.00. The latest close of ৳11.60 sits right on the flattening 50-day line.
Hourly Sideways
This chart covers about two months of trading; one candle is one hour. The orange line is the 20-hour exponential average (৳11.67) and the blue line the 50-hour one (৳11.59); the lower panels show RSI and hourly volume. Price fell from ৳12.90 in mid-September to ৳11.00 in early October, then built a base and climbed to ৳12.00 on 29 October. On 1 November it eased back to ৳11.60, between the two averages, with light volume. Hourly RSI is 47.5, neutral.
Momentum and volume
Momentum is neutral. RSI, a 0-100 gauge of recent buying versus selling, is 50.5, right in the middle. Trend strength (ADX 15.8) is low, meaning the price is not moving strongly in either direction. The Bollinger Bands have narrowed, showing calmer price swings, and volume on the latest day was about two-thirds of the 20-day average.
This chart covers about six months; one candle is one day. The shaded channel is the Bollinger Band (20-day average ± 2 standard deviations), now ৳11.02 to ৳11.94. Panels below show RSI (14), MACD and ADX/DMI, which measure momentum and trend strength. Price rode the upper band to ৳12.90 in September with RSI near 77, then fell back to the lower band in early October as RSI dropped to about 35. Since then the bands have narrowed, RSI has returned to 50.5, MACD has crossed back above its signal near zero, and ADX at 15.8 shows little trend.
What would change the picture
The scenario cards are conditions to watch, not predictions. Each describes what a specific price move, such as a daily close above ৳12.00 or below ৳11.00, would mean for the chart's structure if it happened. None of them says which way the price will go.
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 | Trend label changed from Uptrend to Sideways | ৳11.60 |
- 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.