DSE : SPCERAMICS

Shinepukur Ceramics PLC. (SPCERAMICS) technical report

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

৳21.20+3.4%
Daily trend: SidewaysWeekly trend: SidewaysStrength: WeakVolatility: HighLiquidity: Medium
Shinepukur Ceramics rebounded 3.4% to ৳21.20 after a sharp drop to ৳19.20, still inside a wide sideways range below the ৳26.40 July high.
Since peaking at ৳26.40 in July, the stock has swung between about ৳18.70 and ৳24.70. Price now sits just above the 200-day average and just below the 50-day, with daily momentum still soft.
✦ Analyst agent's read
Range
Price swings ৳18.70-24.70 since July, hovering between the 200-day (৳20.52) and 50-day (৳21.43) averages; momentum readings point different ways.
ClarityConflicting
Key level৳19.20 (below)
27 October low; break would undercut the 200-day average
From TradingView charts on four timeframes. Describes structure; not a forecast or advice.

In plain words

Shinepukur Ceramics' share price fell hard through 2024 and 2025, touching ৳11.50 in November 2025. It then more than doubled, reaching ৳26.40 in early July 2026. Since then it has not made progress: the price has swung up and down between about ৳18.70 and ৳24.70. The most recent swing was a sharp fall to ৳19.20 on 27 October, followed by a rebound; on 1 November it rose 3.4% to close at ৳21.20. Right now the price sits between two key averages. It is just above the 200-day average (the average closing price of the last 200 trading days), ৳20.52, and just below the 50-day average (the average of the last 50 closes), ৳21.43. The levels to watch are ৳21.40-21.90 overhead, the ৳20.52 average below, and the ৳18.70-19.20 area where recent falls stopped. Above, ৳24.70 has capped two rallies.

Key levels

Support is a price where falls have stopped before; resistance is where rises have stalled. On this stock, ৳18.70-19.20 stopped the drops of 7 September and 27 October. On the upside, ৳24.70 halted rallies on 23 September and 11 October, and the ৳26.40 July high remains the year's peak.

৳26.40
Resistance: July high
Year's peak on 2 July 2026.
+24.5%
৳24.70
Resistance: Sep-Oct highs
Rallies on 23 September and 11 October both stopped here.
+16.5%
৳21.43–21.88
Resistance: 50-day / band middle
50-day average ৳21.43 and 20-day middle band ৳21.88.
+2.1%
৳21.20
Last close
৳20.52
Support: 200-day average
Price reclaimed it on 1 November.
-3.2%
৳18.70–19.20
Support: Sep-Oct lows
Lows of 7 September (৳18.70) and 27 October (৳19.20).
-10.6%

Trend on each timeframe

The monthly chart shows a big recovery from the 2025 low that has stalled. The weekly and daily charts show a sideways range since July, with price stuck around its averages. The hourly chart is the most positive, showing a bounce from ৳19.20. The longer charts are flat while the shortest is rising, so the pictures do not fully agree.

Monthly Sideways

Recovered from the ৳11.50 November 2025 low; now near the 12-month average (৳20.22), RSI 48.5, far below 2022 highs.
Monthly, ~10 years: SMA 12, RSI 14, volume
Monthly, ~10 years: SMA 12, RSI 14, volume. Chart: TradingView.

This chart covers roughly ten years; one candle is one month. The orange line is the 12-month simple average of closing prices (৳20.22 now), the lower panel is RSI (14), a 0-100 momentum gauge, and the bottom panel is monthly volume. The stock peaked above ৳55 in 2022, fell sharply through 2024, and touched ৳11.50 in November 2025. It then recovered to ৳26.40 in July 2026. Since then monthly candles have moved sideways around the 12-month line, and price is ৳21.20. RSI is 48.5, neutral.

Weekly Sideways

Price ৳21.20 just under the 10-week (৳21.93) and 40-week (৳21.47) averages; MACD 0.17 below signal 0.45.
Weekly, ~4 years: SMA 10/40, MACD, volume
Weekly, ~4 years: SMA 10/40, MACD, volume. Chart: TradingView.

This chart covers about four years; one candle is one week. The orange line is the 10-week average (৳21.93), the blue line the 40-week average (৳21.47); the MACD panel shows momentum and the bottom panel weekly volume. Price rose from about ৳15 in February 2026 to a ৳26.40 high in early July on weekly volume up to 22 million shares. Since then weekly bars have swung between ৳18.70 and ৳24.70, with volume shrinking. Price now sits just below both averages, which are converging, and MACD (0.17) is below its signal (0.45).

Daily Sideways

Between the 200-day (৳20.52) and 50-day (৳21.43); lower highs at ৳24.70 since July, lows near ৳18.70-19.20.
Daily, ~1 year: SMA 50/200, volume
Daily, ~1 year: SMA 50/200, volume. Chart: TradingView.

This chart covers about one year; one candle is one trading day. The green line is the 50-day average (৳21.43) and the purple line the 200-day average (৳20.52); the bottom panel is daily volume. The stock climbed from ৳11.50 in November 2025 to ৳26.40 on 2 July 2026, with volume peaking at 10.2 million shares in May. From July it slipped to ৳18.70 (7 September), rallied to ৳24.70 twice (23 September and 11 October), then dropped to ৳19.20 on 27 October. The 1 November close of ৳21.20 sits between the two averages.

Hourly Up

Bounce from ৳19.20; price ৳21.20 above EMA 20 (৳20.89) but just under EMA 50 (৳21.35); hourly RSI 53.9.
Hourly, ~2 months: EMA 20/50, RSI, volume
Hourly, ~2 months: EMA 20/50, RSI, volume. Chart: TradingView.

This chart covers about two months of trading; one candle is one hour. The orange line is the 20-hour exponential average (৳20.89) and the blue line the 50-hour one (৳21.35); lower panels show RSI and hourly volume. Price spiked to ৳24.70 on 23 September and 11 October, then drifted lower and fell sharply to ৳19.20 on 27 October on a volume burst. Since then it has recovered to ৳21.20, crossing above the 20-hour line but still just below the 50-hour line. Hourly RSI is 53.9, recovering from below 30.

Momentum and volume

Momentum is mixed. RSI, a 0-100 gauge of recent buying versus selling, is 46.8, slightly below the middle but recovering from the late-October dip. MACD is still negative, showing the October decline has not fully reversed. Trend strength (ADX 16.3) is low. The latest up day came on volume about 1.3 times the 20-day average, a sign of renewed buying interest.

RSI (14)
46.8
Neutral
Recovering from about 33 after the 27 October drop.
MACD (12,26,9)
-0.34 vs signal -0.11
Below signal
Below zero and its signal; histogram -0.24.
ADX (14)
16.3
No trend
Weak trend; -DI 27.1 above +DI 20.7.
Bollinger Bands (20,2)
19.74 - 24.01
Lower half
Close ৳21.20 below the ৳21.88 middle band after touching the lower band.
Volume vs 20-day avg
1.31x
Above average
1.28 million shares on the 3.4% up day.
Daily, ~6 months: Bollinger Bands 20/2, RSI, MACD, ADX
Daily, ~6 months: Bollinger Bands 20/2, RSI, MACD, ADX. Chart: TradingView.

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 ৳19.74 to ৳24.01. Panels below show RSI (14), MACD and ADX/DMI. Price fell to the lower band in early September (RSI near 22), rallied to the upper band in late September, then slid back and pierced the lower band on 27 October at ৳19.20. RSI is now 46.8. MACD (-0.34) is below its signal (-0.11), and ADX at 16.3 shows a weak trend with sellers (-DI 27.1) slightly ahead.

What would change the picture

The scenario cards are conditions to watch, not predictions. Each one describes what a specific daily close, such as above ৳21.88 or below ৳18.70, would mean for the chart's structure if it happened. They do not say which outcome is more probable.

If Daily close above ৳21.88
Would put price back above the 50-day average and band middle, returning it to the upper half of the range.
If Daily close below ৳20.52
Would lose the 200-day average again and bring the ৳19.20 October low back into focus.
If Daily close below ৳18.70
Would break the floor of the range in place since July.
If Daily close above ৳24.70
Would clear the double top from September-October and leave only the ৳26.40 July high above.

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 above the 200-day average৳21.20