Square Pharmaceuticals PLC. (SQURPHARMA) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
Square Pharmaceuticals' share price has moved within a wide range over the past year, from a low of ৳198.0 in early January 2026 to a high of ৳236.0 in mid-February. Since then it has swung up and down: down to about ৳206 in March, up to ৳228.0 in late June, and down to ৳210.0 in mid-September. Over the past six weeks it has settled into a narrow band between roughly ৳216 and ৳221, closing at ৳217.9 on 1 November. That price sits just above the 50-day average (the average closing price of the last 50 trading days) at ৳217.20 and the 200-day average (the average of the last 200 trading days) at ৳216.26. Both averages are close together and fairly flat, which is typical of a stock without a clear direction. The levels that matter most now are ৳220.7, the top of the October band, and ৳216.2, the bottom of it.
Key levels
Support is a price where buyers have stepped in before; resistance is where sellers have. For Square Pharma, dips in October stopped around ৳216.2–217.2, near both moving averages, while rallies stalled at ৳220.4–220.7. Further out, ৳227–228 capped the June–July rally and ৳210.0 held in September.
Trend on each timeframe
The monthly and weekly charts show a long sideways range, with price sitting right on its 12-month and 10/40-week averages. The daily chart is also flat, though price is slightly above its averages. The hourly chart disagrees a little: it shows a short pullback since mid-October, with price beneath its hourly averages.
Monthly Sideways
Each candle is one month, covering about ten years. The orange line is the 12-month simple average, the mean closing price of the last year. The lower panels show RSI, a 0–100 gauge of recent gains versus losses, and monthly volume. After the 2020 low near ৳150 the stock recovered to the ৳250 area by 2021, then settled into a broad sideways band. The 52-week span runs from ৳198.0 (January 2026) to ৳236.0 (February 2026). The latest close of ৳217.9 is just above the 12-month average at ৳216.05, and RSI 51.4 is neutral.
Weekly Sideways
Each candle is one week. The orange line is the 10-week average and the blue line the 40-week average. MACD below measures the gap between a fast and slow average to show momentum. The chart shows swings: a jump to ৳249.8 in August 2024, a slide to ৳198.0 in late December 2025, a spike to ৳236.0 in February 2026 on 9.06M shares, and a June–July 2026 push to ৳228.0. Now both averages sit at about ৳217.4, flat, and price at ৳217.9 is right on them; MACD 0.58 is just under its signal 0.71.
Daily Sideways
Each candle is one trading day over about a year. The green line is the 50-day average and the purple line the 200-day average, the mean closing price of the last 200 sessions. Price fell to ৳198.0 in early January, rallied to ৳236.0 on 16 February, dropped to ৳206.1 in March, and hit ৳228.0 in late June. A slide to ৳210.0 on 15 September was followed by a recovery. Price now holds just above both averages; the 50-day (৳217.20) has flattened while the 200-day (৳216.26) edges higher. Late-September volume spiked to 1.63M shares.
Hourly Down
Each candle is one trading hour, covering about two months. The orange and blue lines are 20- and 50-hour exponential averages, which weight recent prices more. Price rose from the ৳210.0 low in mid-September to a peak of ৳220.7 on 14 October, then drifted lower in small steps. It now trades at ৳217.9, beneath both averages, which have started to roll over. Hourly RSI at 39.3 shows mild selling pressure, and hourly volume has been light apart from the late-September burst.
Momentum and volume
Momentum readings are quiet. RSI at 48.2 is in the middle of its range, MACD has slipped just below its signal line, and ADX at 9.2 says there is barely any trend. Volume is about 14% below its recent average, so trading interest has been light and neither buyers nor sellers are in control.
Each candle is one trading day over about six months. Bollinger Bands are lines two standard deviations above and below the 20-day average; narrow bands mean quiet trading. RSI, MACD and ADX (trend strength, with +DI and -DI showing buying versus selling pressure) sit below. The June rally to ৳228.0 pushed RSI near 77, then a slide took RSI near 25 by mid-September. Since then bands have tightened to ৳216.70–220.16, RSI eased to 48.2, MACD (0.40) dipped under its signal (0.51), and ADX at 9.2 shows almost no trend.
What would change the picture
The scenario cards are conditions to watch, not predictions. Each one describes what a daily close beyond a specific price level would mean for the chart's structure, such as breaking out of or falling out of the current ৳216–221 band.
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 | MACD crossed below its signal line | ৳218.50 | |||
| 2026-09-23 | Volume three times or more its 20-day average | ৳217.10 | +0.4% | +0.8% | |
| 2026-09-22 | Volume three times or more its 20-day average | ৳216.00 | +0.6% | +1.7% | |
| 2026-09-20 | Closed above the 200-day average | ৳215.90 | +0.7% | +1.3% | |
| 2026-09-20 | MACD crossed above its signal line | ৳215.90 | +0.7% | +1.3% | |
| 2026-09-16 | RSI rose back above 30 | ৳213.90 | +1.5% | +2.7% | |
| 2026-09-10 | Closed below the 200-day average | ৳214.40 | -0.3% | +1.3% | |
| 2026-09-09 | RSI fell to 30 or below | ৳214.70 | -0.4% | +1.2% | |
| 2026-07-26 | Trend label changed from Uptrend to Sideways | ৳219.60 | +0.1% | -0.8% | +0.0% |
| 2026-07-13 | Trend label changed from Sideways to Uptrend | ৳221.40 | +0.2% | -0.8% | -1.9% |
| 2026-07-06 | MACD crossed below its signal line | ৳223.60 | -1.0% | -1.6% | -2.5% |
| 2026-06-30 | RSI fell back below 70 | ৳224.00 | -0.6% | -2.6% | -2.9% |
| 2026-06-28 | 50-day average crossed above the 200-day average | ৳226.50 | -1.3% | -3.6% | -4.2% |
| 2026-06-24 | RSI rose to 70 or above | ৳222.80 | -0.5% | -1.1% | -3.1% |
| 2026-06-22 | RSI fell back below 70 | ৳220.30 | +2.1% | +0.7% | -3.0% |
| 2026-06-17 | RSI rose to 70 or above | ৳217.90 | +2.2% | +3.3% | -2.4% |
| 2026-06-15 | RSI fell back below 70 | ৳217.00 | +1.5% | +2.8% | -1.2% |
| 2026-06-14 | RSI rose to 70 or above | ৳217.60 | +2.3% | +1.7% | -1.3% |
| 2026-06-09 | Closed above the 200-day average | ৳215.30 | +0.7% | +3.4% | +0.3% |
| 2026-06-08 | Closed below the 200-day average | ৳213.10 | +1.8% | +4.7% | +2.1% |
| 2026-06-08 | RSI fell back below 70 | ৳213.10 | +1.8% | +4.7% | +2.1% |
| 2026-06-07 | Closed above the 200-day average | ৳215.00 | +1.2% | +4.0% | +0.9% |
| 2026-06-07 | RSI rose to 70 or above | ৳215.00 | +1.2% | +4.0% | +0.9% |
| 2026-05-24 | MACD crossed above its signal line | ৳211.80 | +0.0% | +4.0% | +3.3% |
| 2026-05-21 | RSI rose back above 30 | ৳209.30 | +1.2% | +6.3% | +4.5% |
| 2026-05-20 | RSI fell to 30 or below | ৳207.30 | +2.2% | +6.4% | +5.5% |
| 2026-05-06 | MACD crossed below its signal line | ৳210.30 | -0.6% | +1.4% | +4.5% |
| 2026-05-04 | 50-day average crossed below the 200-day average | ৳210.90 | -0.9% | +0.4% | +3.4% |
| 2026-04-12 | MACD crossed above its signal line | ৳212.80 | -0.3% | -1.2% | +4.9% |
| 2026-04-09 | Closed below the 200-day average | ৳213.20 | -0.6% | -1.2% | +4.9% |
| 2026-04-08 | Closed above the 200-day average | ৳214.70 | -1.1% | -2.0% | +3.5% |
| 2026-04-08 | Closed above the nearest resistance level | ৳214.70 | -1.1% | -2.0% | +3.5% |
| 2026-03-30 | Closed below the 200-day average | ৳212.10 | -1.1% | +0.2% | +4.1% |
| 2026-03-10 | Closed above the 200-day average | ৳215.70 | +0.7% | -2.8% | -1.7% |
| 2026-03-10 | Closed above the nearest resistance level | ৳215.70 | +0.7% | -2.8% | -1.7% |
| 2026-03-09 | RSI rose back above 30 | ৳209.80 | +3.6% | +0.0% | +1.0% |
| 2026-03-08 | Closed below the 200-day average | ৳207.30 | +4.6% | +1.4% | +2.2% |
| 2026-03-08 | RSI fell to 30 or below | ৳207.30 | +4.6% | +1.4% | +2.2% |
| 2026-03-08 | Closed below the nearest support level | ৳207.30 | +4.6% | +1.4% | +2.2% |
| 2026-03-01 | 50-day average crossed above the 200-day average | ৳221.90 | -6.6% | -3.2% | -4.6% |
| 2026-02-23 | MACD crossed below its signal line | ৳228.00 | -2.2% | -4.7% | -8.8% |
| 2026-02-22 | RSI fell back below 70 | ৳224.20 | -1.0% | -3.1% | -7.2% |
| 2026-02-16 | Volume three times or more its 20-day average | ৳231.90 | -1.7% | -6.3% | -9.9% |
| 2026-02-15 | MACD crossed above its signal line | ৳227.90 | -1.6% | -4.9% | -7.8% |
| 2026-02-15 | Closed above the nearest resistance level | ৳227.90 | -1.6% | -4.9% | -7.8% |
| 2026-02-11 | MACD crossed below its signal line | ৳221.00 | +3.8% | -2.3% | -4.8% |
| 2026-01-19 | Closed above the 200-day average | ৳215.20 | +2.3% | +6.6% | -1.3% |
| 2026-01-15 | RSI rose to 70 or above | ৳209.80 | +3.8% | +10.5% | +1.1% |
Signal history for this stock
How often the price was higher 20 trading days after each signal, on this stock, since our records start. Small counts mean little; costs are not included.
| Signal | Times | Higher after 20 days | Median move |
|---|---|---|---|
| MACD crossed above its signal line | 12 | 50% | +1.3% |
| RSI rose back above 30 | 12 | 50% | +2.4% |
| Closed below the 200-day average | 12 | 50% | +0.2% |
| RSI fell to 30 or below | 12 | 67% | +1.4% |
| Closed above the 200-day average | 11 | 45% | -0.5% |
| MACD crossed below its signal line | 11 | 45% | -1.1% |
| RSI fell back below 70 | 9 | 44% | -1.7% |
| RSI rose to 70 or above | 9 | 56% | +1.7% |
| Closed below the nearest support level | 4 | 75% | +2.0% |
| 50-day average crossed above the 200-day average | 3 | 0% | -3.2% |
| 50-day average crossed below the 200-day average | 3 | 67% | +0.4% |
| Closed above the nearest resistance level | 3 | 0% | -2.8% |
| New 52-week closing low | 2 | 100% | +10.2% |
- Computed from daily closing prices (method t1, wording agent-2); history kept from 2024-10-24.
- Describes price history only. Not investment advice, not a rating or a price target.