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Textile Weaving

ASHT Ashfaq Textile Mills Limited

Latest results: FY2026 · Jun 2026

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Last close · 16 Oct 2026

Rs 39.42 -0.43%

Technical analysis · updated after the close, 16 Oct 2026

Ashfaq Textile Mills Limited (ASHT) technical analysis

ASHT closed at Rs 39.42 on 16 Oct 2026 (-0.43%). The daily picture is bearish: the price is below 4 of its 6 simple moving averages, MACD is below its signal line and RSI at 47.4 is neutral. The weekly trend is bullish, and the monthly chart is strongly bullish. Nearest support is the daily S1 at 38.58, resistance the pivot at 39.53.

Daily

Bearish

Weekly

Bullish

Monthly

Strongly bullish

Details for Daily Weekly Monthly

Oscillators

Neutral

1 bullish · 8 neutral · 1 bearish

Indicator Value Reading
RSI (14) 47.43 Neutral
Stochastic %K (14, 3, 3) 20.51 Neutral
Stochastic RSI (14, 3, 3) 0.00 Neutral
CCI (20) -54.45 Neutral
ADX (14) 15.90 Neutral
Williams %R (14) -79.74 Neutral
MACD (12, 26, 9) -0.07 Bearish
Momentum (10) -1.54 Bullish
Ultimate Oscillator (7, 14, 28) 34.89 Neutral
Bull Bear Power (13) -2.60 Neutral

Moving averages

Bearish

4 bullish · 0 neutral · 8 bearish

Period Simple Exponential
MA 10 39.79 40.53
MA 20 43.23 40.94
MA 30 40.00 40.66
MA 50 40.41 39.82
MA 100 37.61 37.48
MA 200 31.13 33.26

Support & resistance

Daily pivots
  • R3 42.52
  • R2 41.50
  • R1 40.55
  • Pivot 39.53
  • S1 38.58
  • S2 37.56
  • S3 36.61
  • Close 39.42

Pivot points

Level Classic Fibonacci Camarilla
R3 42.52 41.50 40.13
R2 41.50 40.75 39.95
R1 40.55 40.29 39.77
Pivot 39.53 39.53 39.53
S1 38.58 38.78 39.41
S2 37.56 38.32 39.23
S3 36.61 37.56 39.05

Range & volatility

52-week range

13.6470.00

ATR (14)
3.9410.0% of price
Bollinger Bands (20, 2)
32.12 – 54.35
From the 52-week high
-43.7%
Bars analysed
2,348

Oscillators

Neutral

2 bullish · 6 neutral · 2 bearish

Indicator Value Reading
RSI (14) 52.89 Neutral
Stochastic %K (14, 3, 3) 38.81 Neutral
Stochastic RSI (14, 3, 3) 0.00 Neutral
CCI (20) 40.86 Neutral
ADX (14) 39.23 Bullish
Williams %R (14) -62.80 Neutral
MACD (12, 26, 9) 2.76 Bearish
Momentum (10) 5.74 Bearish
Ultimate Oscillator (7, 14, 28) 43.59 Neutral
Bull Bear Power (13) 3.59 Bullish

Moving averages

Strongly bullish

11 bullish · 0 neutral · 1 bearish

Period Simple Exponential
MA 10 40.18 39.24
MA 20 37.21 37.34
MA 30 36.36 35.35
MA 50 29.82 31.97
MA 100 24.16 26.34
MA 200 17.24 20.40

Support & resistance

Weekly pivots
  • R3 55.13
  • R2 50.01
  • R1 44.73
  • Pivot 39.61
  • S1 34.33
  • S2 29.21
  • S3 23.93
  • Close 39.42

Pivot points

Level Classic Fibonacci Camarilla
R3 55.13 50.01 42.30
R2 50.01 46.04 41.35
R1 44.73 43.59 40.39
Pivot 39.61 39.61 39.61
S1 34.33 35.64 38.49
S2 29.21 33.19 37.53
S3 23.93 29.21 36.58

Range & volatility

52-week range

13.6470.00

ATR (14)
9.4123.9% of price
Bollinger Bands (20, 2)
27.46 – 46.97
From the 52-week high
-43.7%
Bars analysed
936

Oscillators

Neutral

2 bullish · 7 neutral · 1 bearish

Indicator Value Reading
RSI (14) 56.32 Neutral
Stochastic %K (14, 3, 3) 51.73 Neutral
Stochastic RSI (14, 3, 3) 0.00 Neutral
CCI (20) 91.96 Neutral
ADX (14) 51.55 Bullish
Williams %R (14) -54.26 Neutral
MACD (12, 26, 9) 7.11 Bullish
Momentum (10) 19.85 Bearish
Ultimate Oscillator (7, 14, 28) 51.49 Neutral
Bull Bear Power (13) 16.61 Neutral

Moving averages

Strongly bullish

12 bullish · 0 neutral · 0 bearish

Period Simple Exponential
MA 10 35.37 36.33
MA 20 28.31 30.35
MA 30 23.61 26.40
MA 50 18.11 21.50
MA 100 12.53 15.77
MA 200 9.26 10.85

Support & resistance

Monthly pivots
  • R3 90.61
  • R2 74.70
  • R1 62.63
  • Pivot 46.72
  • S1 34.65
  • S2 18.74
  • S3 6.67
  • Close 39.42

Pivot points

Level Classic Fibonacci Camarilla
R3 90.61 74.70 58.26
R2 74.70 64.01 55.70
R1 62.63 57.41 53.13
Pivot 46.72 46.72 46.72
S1 34.65 36.03 48.01
S2 18.74 29.43 45.44
S3 6.67 18.74 42.88

Range & volatility

52-week range

13.6470.00

ATR (14)
13.3333.8% of price
Bollinger Bands (20, 2)
2.74 – 53.88
From the 52-week high
-43.7%
Bars analysed
302

How these readings work

Computed after each close from ASHT's daily prices; weekly and monthly bars are built from them, and days without trading are left out. Each oscillator and moving average gives a bullish, neutral or bearish reading, and the summary weighs them: strongly bullish when clearly more readings are bullish, strongly bearish when clearly more are bearish. Pivot levels come from the previous completed bar. Readings describe the chart; they are not a recommendation. For information purposes only, not investment advice.

History before 24 Sep 1999 is left out: a price move on that day was too large to compare earlier prices (for example an unadjusted split or bonus issue).

ASHT overview and price history →