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Modarabas

BFMOD B.F. Modaraba

Latest results: FY2026 · Jun 2026

Last close · 16 Oct 2026

Rs 21.90 -0.86%

Technical analysis · updated after the close, 16 Oct 2026

B.F. Modaraba (BFMOD) technical analysis

BFMOD closed at Rs 21.90 on 16 Oct 2026 (-0.86%). The daily picture is bullish: the price is above 3 of its 6 simple moving averages, MACD is above its signal line and RSI at 53.2 is neutral. The weekly trend is bullish, and the monthly chart is strongly bullish. Nearest support is the daily pivot at 21.79, resistance R1 at 23.09.

Daily

Bullish

Weekly

Bullish

Monthly

Strongly bullish

Details for Daily Weekly Monthly

Oscillators

Bullish

3 bullish · 7 neutral · 0 bearish

Indicator Value Reading
RSI (14) 53.23 Neutral
Stochastic %K (14, 3, 3) 62.81 Neutral
Stochastic RSI (14, 3, 3) 73.26 Neutral
CCI (20) 114.93 Neutral
ADX (14) 17.49 Neutral
Williams %R (14) -34.31 Neutral
MACD (12, 26, 9) 0.04 Bullish
Momentum (10) 1.75 Bullish
Ultimate Oscillator (7, 14, 28) 55.10 Neutral
Bull Bear Power (13) 1.64 Bullish

Moving averages

Bullish

9 bullish · 0 neutral · 3 bearish

Period Simple Exponential
MA 10 21.04 21.43
MA 20 20.77 21.25
MA 30 21.15 21.36
MA 50 21.95 21.60
MA 100 22.15 21.79
MA 200 22.28 21.07

Support & resistance

Daily pivots
  • R3 25.38
  • R2 24.08
  • R1 23.09
  • Pivot 21.79
  • S1 20.80
  • S2 19.50
  • S3 18.51
  • Close 21.90

Pivot points

Level Classic Fibonacci Camarilla
R3 25.38 24.08 22.72
R2 24.08 23.21 22.51
R1 23.09 22.67 22.30
Pivot 21.79 21.79 21.79
S1 20.80 20.92 21.88
S2 19.50 20.38 21.67
S3 18.51 19.50 21.46

Range & volatility

52-week range

14.3038.84

ATR (14)
1.537.0% of price
Bollinger Bands (20, 2)
18.64 – 22.89
From the 52-week high
-43.6%
Bars analysed
1,821

Oscillators

Neutral

2 bullish · 6 neutral · 2 bearish

Indicator Value Reading
RSI (14) 50.67 Neutral
Stochastic %K (14, 3, 3) 28.73 Neutral
Stochastic RSI (14, 3, 3) 100.00 Neutral
CCI (20) -30.44 Neutral
ADX (14) 37.31 Bullish
Williams %R (14) -57.81 Neutral
MACD (12, 26, 9) -0.03 Bearish
Momentum (10) -1.36 Bearish
Ultimate Oscillator (7, 14, 28) 43.01 Neutral
Bull Bear Power (13) 0.68 Bullish

Moving averages

Strongly bullish

10 bullish · 0 neutral · 2 bearish

Period Simple Exponential
MA 10 21.86 21.64
MA 20 22.22 21.81
MA 30 21.72 21.63
MA 50 22.35 20.61
MA 100 16.20 17.47
MA 200 11.10 13.60

Support & resistance

Weekly pivots
  • R3 25.27
  • R2 23.35
  • R1 22.39
  • Pivot 20.47
  • S1 19.51
  • S2 17.59
  • S3 16.63
  • Close 21.90

Pivot points

Level Classic Fibonacci Camarilla
R3 25.27 23.35 22.22
R2 23.35 22.25 21.96
R1 22.39 21.57 21.69
Pivot 20.47 20.47 20.47
S1 19.51 19.37 21.17
S2 17.59 18.69 20.90
S3 16.63 17.59 20.64

Range & volatility

52-week range

14.3038.84

ATR (14)
3.2014.6% of price
Bollinger Bands (20, 2)
20.39 – 24.05
From the 52-week high
-43.6%
Bars analysed
774

Oscillators

Neutral

2 bullish · 7 neutral · 1 bearish

Indicator Value Reading
RSI (14) 60.74 Neutral
Stochastic %K (14, 3, 3) 40.63 Neutral
Stochastic RSI (14, 3, 3) 21.86 Neutral
CCI (20) 37.54 Neutral
ADX (14) 55.90 Bullish
Williams %R (14) -63.83 Neutral
MACD (12, 26, 9) 3.59 Bearish
Momentum (10) -1.49 Bullish
Ultimate Oscillator (7, 14, 28) 38.11 Neutral
Bull Bear Power (13) 1.90 Neutral

Moving averages

Strongly bullish

12 bullish · 0 neutral · 0 bearish

Period Simple Exponential
MA 10 21.52 20.93
MA 20 17.83 18.26
MA 30 14.48 16.02
MA 50 10.61 13.18
MA 100 8.56 10.10
MA 200 6.77 7.62

Support & resistance

Monthly pivots
  • R3 30.70
  • R2 28.25
  • R1 24.52
  • Pivot 22.07
  • S1 18.34
  • S2 15.89
  • S3 12.16
  • Close 21.90

Pivot points

Level Classic Fibonacci Camarilla
R3 30.70 28.25 22.49
R2 28.25 25.89 21.92
R1 24.52 24.43 21.36
Pivot 22.07 22.07 22.07
S1 18.34 19.71 20.22
S2 15.89 18.25 19.66
S3 12.16 15.89 19.09

Range & volatility

52-week range

14.3038.84

ATR (14)
6.4029.2% of price
Bollinger Bands (20, 2)
6.04 – 29.63
From the 52-week high
-43.6%
Bars analysed
255

How these readings work

Computed after each close from BFMOD'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 18 Jul 2003 is left out: a price move on that day was too large to compare earlier prices (for example an unadjusted split or bonus issue).

BFMOD overview and price history →