Titas Gas Transmission and Distribution PLC (TITASGAS) technical report
As of the 2026-11-01 close. Updated every trading day. Company page · All DSE stocks: technical data
In plain words
Titas Gas closed at ৳16.5 on 1 November 2026, down 0.6% on the day. For most of the first half of 2026 it traded quietly between about ৳15 and ৳17.5. In early July it jumped to ৳22.2, its 52-week high, on very heavy trading, but that move faded through August and September. Since mid-September the price has moved sideways in a tight band between roughly ৳16.4 and ৳17.3. It now sits a little below its 50-day average (৳17.35, the average closing price of the last 50 trading days) and its 200-day average (৳17.48, about ten months of closes). The two averages are almost on top of each other, which is typical of a market without a clear direction. The levels that matter are ৳16.4 underneath, the range floor, and ৳17.3-17.6 above, where October rallies stopped. The 52-week low is ৳14.5 from November 2025.
Key levels
Support is where falling prices have found buyers; resistance is where rising prices have stalled. Here, ৳16.4-16.5 held on 14 September and again on 26-27 October. Below that, ৳15.9-16.0 was the May base. Above, ৳17.3-17.6 capped October, ৳18.0-18.7 capped September, and ৳22.2 is the July spike high.
Trend on each timeframe
The longer views lean down: the monthly chart is in a multi-year decline and the weekly 10-week average has slipped under the 40-week. The daily chart is flat, a range under converging averages. The hourly chart shows a mild drift lower. So the big picture is weak while the near-term picture is sideways.
Monthly Down
Each candle is one month from 2017 to now. The orange line is the 12-month average (৳17.19). The lower panels show RSI (39.73), a 0-100 momentum gauge, and monthly volume. The stock traded ৳30-51 until 2023, fell sharply in early 2024, and has drifted lower since, bottoming at ৳14.5 in November 2025. A July 2026 jump to ৳22.2 on the heaviest volume in years has fully retraced to ৳16.5.
Weekly Sideways
Each candle is one week. The orange line is the 10-week average (৳17.19) and the blue line the 40-week average (৳17.63). Below are MACD (-0.32 vs signal -0.04), which tracks momentum, and weekly volume. A base formed at ৳14.5-17 from late 2025, followed by a July 2026 surge to ৳22.2 on weekly volume near 8 million. Since then weeks have stepped lower; the last four weekly closes were ৳16.8, ৳16.9, ৳16.6 and ৳16.5.
Daily Sideways
Each candle is one trading day over about a year. The green line is the 50-day average (৳17.35) and the purple line the 200-day average (৳17.48). The panel below is daily volume. Price held ৳15-17.5 from December to June, spiked to ৳22.2 in July on sessions above 3.5 million shares, then slid through August. Since mid-September it has moved sideways between about ৳16.4 and ৳17.3, a little under both averages, on modest volume.
Hourly Down
Each candle is one trading hour from early September. The orange line is the 20-hour exponential average (৳16.65) and the blue line the 50-hour (৳16.73). Below are RSI (41.15) and hourly volume. Price spiked to ৳18.7 on 27 September, then eased lower in small steps, mostly under both averages. Late October dips to about ৳16.4 were bought, and price now trades at ৳16.5, slightly beneath both lines.
Momentum and volume
Momentum is idle. RSI at 39 is slightly soft but not stretched. MACD is hugging its signal line near zero, and ADX at 9.9 is very low, meaning there is little trend in either direction. Bollinger Bands have tightened, a sign that daily price swings have shrunk. Volume is close to its usual level.
Each candle is one day from late May. The shaded channel is Bollinger Bands: a 20-day average (৳16.84) with bands two standard deviations above (৳17.40) and below (৳16.28). Panels show RSI (39.01), MACD (-0.26 vs signal -0.28) and DMI/ADX, a trend-strength gauge (ADX 9.90; +DI 18.23, -DI 18.66). The bands were wide during the July surge to ৳22.2 and the August fall; since October they have narrowed sharply as price idles in the lower half, and ADX has sunk toward 10.
What would change the picture
The scenario cards describe what a close beyond a given level would mean for the chart's shape. They are conditions to watch, not forecasts, and they help a reader see which prices would turn the current sideways range into a move.
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 Sideways to Downtrend | ৳16.50 |
- 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.