DSE : STYLECRAFT

Stylecraft Limited (STYLECRAFT) technical report

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

৳47.80-3.6%
Daily trend: SidewaysWeekly trend: DownStrength: StrongVolatility: HighLiquidity: Low
Stylecraft fell 3.63% to ৳47.80 after opening at ৳52.00, staying below its 50-day and 200-day averages near ৳52.
The July rally to ৳65.50 has been fully given back in a stair-step decline. A rebound from ৳44.70 on 27 October failed at the ৳52.00 open today, and price closed back below the 20-day Bollinger middle.
✦ Analyst agent's read
Downtrend
Lower highs since the ৳65.50 July peak; price below 50-day, 200-day, 10- and 40-week averages; today's ৳52.00 open was rejected.
ClarityClear
Key level৳44.70 (below)
27 October low, lowest daily low since February
From TradingView charts on four timeframes. Describes structure; not a forecast or advice.

In plain words

Stylecraft's share price had a sharp rally in July 2026, reaching ৳65.50 on 15 July on heavy trading. Since then it has fallen back in steps, each bounce stopping lower than the previous one, and it has now given back the entire rally. On 27 October it touched ৳44.70, the lowest since February, then bounced to about ৳50. Today it opened at ৳52.00 but sold off to close at ৳47.80, down 3.63%. The price is below its 50-day average (the average closing price of the last 50 trading days, ৳52.10) and its 200-day average (the average of the last 200 trading days, ৳52.16). Those two averages now sit almost on top of each other around ৳52, which makes that area the first hurdle above. Below, ৳44.70 is the late-October low, and ৳40.30 from November 2025 is the lowest price of the past year.

Key levels

Support is a price area where declines have stopped before; resistance is where rises have stalled. On Stylecraft, ৳52 is where both long averages sit and where today's open was sold. ৳53.90-55.40 capped prices through September. Below, ৳44.70-45.50 caught the late-October drops, and ৳43.00 was the floor in January 2026.

৳53.90–55.40
Resistance: September highs
Daily highs 53.9-55.4 capped September and early October.
+14.3%
৳52.00–52.20
Resistance: Averages and today's open
50-day ৳52.10, 200-day ৳52.16; today's ৳52.00 open rejected.
+9.0%
৳49.60–50.20
Resistance: Last week's closes
Bounce stalled around ৳50.20 high on 29 October.
+4.4%
৳47.80
Last close
৳44.70–45.50
Support: Late-October lows
৳44.70 on 27 October, ৳45.50 on 29 October.
-5.6%
৳43.00–43.30
Support: January 2026 floor
Daily lows 43.0-43.3 held mid-January.
-9.7%
৳40.30–41.10
Support: 52-week low zone
৳40.30 on 16 November 2025; ৳41.10 on 1 February.
-14.9%

Trend on each timeframe

All four charts point the same way. The monthly chart shows a multi-year decline with price under its 12-month average. The weekly chart shows lower closes every few weeks since July, with the 10-week average under the 40-week. The daily and hourly charts show price below all their averages, and today's rejection from ৳52.00 fits that pattern.

Monthly Down

Multi-year decline from the 2018-2019 peak; price ৳47.80 below the 12-month average (৳51.47), RSI 42.25.
Monthly, ~10 years: SMA 12, RSI 14, volume
Monthly, ~10 years: SMA 12, RSI 14, volume. Chart: TradingView.

Each candle is one month, covering about ten years. The orange line is the 12-month simple average, the mean close of the last 12 months. Below are RSI (a 0-100 momentum gauge) and monthly volume. The stock peaked in 2018-2019 and has declined since, with a 2025 spike toward ৳89 on heavy volume that faded. Through 2026 monthly candles sat mostly between ৳41 and ৳65. November opens at ৳47.80, under the 12-month average at ৳51.47; monthly RSI is 42.25.

Weekly Down

Ten-week average (৳51.29) below the 40-week (৳53.19); weekly closes have fallen from ৳62.60 in July to ৳47.80.
Weekly, ~4 years: SMA 10/40, MACD, volume
Weekly, ~4 years: SMA 10/40, MACD, volume. Chart: TradingView.

Each candle is one week, covering about four years. The orange line is the 10-week average and the blue line the 40-week average; MACD below tracks momentum. After the November 2025 low of ৳40.30, price recovered into a ৳50-55 band through spring, then jumped to ৳65.50 in mid-July 2026 on weekly volume above 400,000 shares. Since then weekly closes stepped down: ৳58.00, ৳54.80, ৳51.80, ৳50.00 and now ৳47.80. The 10-week average (৳51.29) is below the 40-week (৳53.19) and MACD is -1.39, below its signal.

Daily Down

Below the 50-day (৳52.10) and 200-day (৳52.16), which have converged; 52-week high ৳65.50 is 27% above.
Daily, ~1 year: SMA 50/200, volume
Daily, ~1 year: SMA 50/200, volume. Chart: TradingView.

Each candle is one trading day, covering about a year. The green line is the 50-day average and the purple line the 200-day average. From late November 2025 to February 2026 price drifted between ৳41 and ৳50, then climbed through spring and spiked to ৳65.50 on 15 July. Since August daily highs and lows have kept stepping down. The 50-day average (৳52.10) has rolled over to meet the 200-day (৳52.16). On 27 October price touched ৳44.70; today it opened at ৳52.00 and closed at ৳47.80, below both lines, on 3,513 shares.

Hourly Down

Price ৳47.80 under the 20-hour (৳48.67) and 50-hour (৳49.27) EMAs, both sloping down since mid-October.
Hourly, ~2 months: EMA 20/50, RSI, volume
Hourly, ~2 months: EMA 20/50, RSI, volume. Chart: TradingView.

Each candle is one trading hour, covering September to today. The orange line is the 20-hour exponential average and the blue line the 50-hour one; exponential averages weight recent prices more. A brief rise near ৳55 in mid-September faded, and both lines have sloped down since early October. Late October dips reached ৳44.70, followed by a bounce to about ৳50. Today's hourly bars opened at ৳52.00 and slid to ৳47.80, under the 20-hour EMA (৳48.67) and 50-hour EMA (৳49.27). Hourly RSI is 44.36.

Momentum and volume

RSI, a 0-100 gauge of recent gains versus losses, is 36.93, in the weaker part of the range. MACD is below zero and sitting on its signal line, so momentum is negative but not accelerating. ADX at 20.68 shows a moderate trend with sellers only slightly ahead. Volume today was about half the recent average, so the drop came on light trading.

RSI (14)
36.93
Weak
Turned back down after a brief rise toward 45.
MACD (12,26,9)
-1.22
Below zero
On its signal line -1.22; histogram -0.01.
ADX (14)
20.68
Moderate
-DI 17.63 above +DI 15.71, a narrow gap.
Bollinger (20,2)
46.85-53.00
Lower half
Close ৳47.80 between lower band and middle ৳49.93.
Volume vs avg
0.49x
Below average
3,513 shares today, about half the recent average.
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, covering about six months. Bollinger Bands surround a 20-day average at two standard deviations, widening when prices swing more. RSI, MACD and ADX/DMI sit below. The bands widened sharply in July as price spiked to ৳65.50, then turned down from August. In late October price pushed below the lower band to ৳44.70, bounced to the middle band, and today's long red candle from ৳52.00 closed at ৳47.80, in the lower half (middle ৳49.93, lower ৳46.85). RSI is 36.93, MACD -1.22 on its signal, ADX 20.68.

What would change the picture

Each scenario card names a price level and what a daily close past it would mean for the chart's structure. They are conditions to watch, not forecasts or advice. None of them is expected to happen; they mark the levels that would change the picture.

If Daily close above ৳52.20
Price would be back above both the 50-day and 200-day averages.
If Daily close above ৳55.40
Would clear the September highs, breaking the sequence of lower highs since July.
If Daily close below ৳44.70
Would set a new low below 27 October, extending the decline from July.
If Daily close below ৳43.00
Would break the January 2026 floor, toward the ৳40.30 52-week low.

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
2026-11-01MACD crossed below its signal line৳47.80
2026-10-2950-day average crossed below the 200-day average৳49.60
2026-10-29MACD crossed above its signal line৳49.60