Techno Drugs Ltd. (TECHNODRUG) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
Techno Drugs spent late 2025 and early 2026 moving sideways between roughly ৳27 and ৳34. From late March it rose strongly, reaching ৳52.00 on 20 July, helped by very heavy trading. Since then the price has made a series of lower peaks. In early October it dropped sharply, from ৳40.70 to ৳36.70 in one day, and continued down to ৳30.30 by 12 October. That move took it below its 200-day average, the average closing price of the last 200 trading days, which many readers use as a long-term trend line. Over the past three weeks the price has steadied between ৳31.20 and ৳34.80 and now stands at ৳33.90, about 35% below the July high. The levels that matter most are ৳34.80 above, where two rebounds stopped, ৳37.94–৳38.86 where the 200-day and 50-day averages sit, and ৳30.30 below, the October low.
Key levels
Support is a price where buying has stopped falls before; resistance is where selling has stopped rises. Here ৳30.30 held in mid-October and ৳31.20 held on 26 October, a slightly higher low. Above, ৳34.70–৳34.80 turned back rebounds on 15 and 29 October, and the long averages near ৳38 were broken in early October.
Trend on each timeframe
The monthly and weekly charts show a big rally that has given back most of its gain, with weekly averages now crossed downward. The daily chart is below both long averages. Only the hourly chart has turned up, with price just above its short averages after the late-October bounce, so the shortest view disagrees with the longer ones.
Monthly Sideways
Each candle is one month of trading since the stock's listing in 2024. The orange line is the 12-month simple average (৳37.52), the average closing price of the last year. After an early drop, price based between ৳25.20 and ৳33 through late 2025, rallied to ৳52.00 in July 2026, then fell four months in a row. It now sits at ৳33.90, below the average line. The monthly RSI, a 0–100 momentum gauge, is 38.3. Monthly volume peaked during the April–July rally and has shrunk since.
Weekly Down
Each candle is one week. The orange line is the 10-week average (৳37.84), the blue line the 40-week average (৳38.94); the lower panel shows MACD, which compares a fast and slow average to track momentum, plus weekly volume. Price climbed from ৳27.40 in March to ৳52.00 in July on weekly volume above 20 million shares, then slid; the week of 5 October fell from ৳41.50 to ৳35.50. Price is now below both lines, the 10-week has turned under the 40-week, and MACD (-1.36) is below its signal (0.24).
Daily Down
Each candle is one trading day over about a year. The green line is the 50-day average (৳38.86) and the purple line the 200-day average (৳37.94). Price rose from ৳27.40 in March to ৳52.00 on 20 July, on a 10.4 million share day on 16 July. It then made lower highs through September and gapped down on 5 October from ৳40.70 to ৳36.70 on 3.86 million shares, reaching ৳30.30 on 12 October. Since then it has held ৳31.20–৳34.80, below both averages. Volume on the latest day was 0.70 million, about two-thirds of average.
Hourly Up
Each candle is one hour of trading over roughly the last two months. The orange line is the 20-hour exponential average (৳33.58), the blue line the 50-hour (৳33.53); exponential averages weight recent prices more. The early-October slide from about ৳41 pushed hourly RSI below 30. Price then bounced, held above ৳31.20 on 26 October and climbed to ৳34.70 on 29 October. It now sits at ৳33.90, just above both lines, which have flattened and crossed upward; hourly RSI is 56.
Momentum and volume
Selling pressure has eased since mid-October: RSI has climbed from near 30 to 43.8 and the daily MACD has crossed above its signal line. But the trend gauge ADX still reads 25.7 with sellers' direction line on top, and recent volume is about two-thirds of normal, so the bounce has come on light trading.
Each candle is one trading day over about six months. The shaded channel is the Bollinger Bands: a 20-day average (৳34.28) with bands two standard deviations above (৳39.57) and below (৳28.99). Price rode the lower band down through September and broke below it in early October, reaching ৳30.30. It has since moved back to the middle band. RSI (43.8) rose from about 30. MACD (-1.67) crossed above its signal (-2.04). ADX at 25.7 shows a still-present trend, with the bearish -DI (31.2) above +DI (21.8).
What would change the picture
Each card describes a condition to watch and what it would mean for the chart's structure if it happened. They are not predictions; they simply mark the prices where the current picture would change.
- 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.