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Commercial Banks

BOP The Bank of Punjab

Latest results: FY2025 · Dec 2025 Q2 FY2026 · Apr – Jun 2026

Last close · 16 Oct 2026

Rs 28.78 -0.10%

Technical analysis · updated after the close, 16 Oct 2026

The Bank of Punjab (BOP) technical analysis

BOP closed at Rs 28.78 on 16 Oct 2026 (-0.10%). The daily picture is bearish: the price is below 6 of its 6 simple moving averages, MACD is above its signal line and RSI at 33.9 is weak but not oversold. The weekly trend is bearish, while the monthly chart is still bullish. Nearest support is the daily S1 at 28.63, resistance the pivot at 28.83.

Daily

Bearish

Weekly

Bearish

Monthly

Bullish

Details for Daily Weekly Monthly

Oscillators

Neutral

3 bullish · 5 neutral · 2 bearish

Indicator Value Reading
RSI (14) 33.85 Neutral
Stochastic %K (14, 3, 3) 12.69 Bullish
Stochastic RSI (14, 3, 3) 93.11 Neutral
CCI (20) -94.07 Neutral
ADX (14) 36.03 Bearish
Williams %R (14) -84.80 Neutral
MACD (12, 26, 9) -0.93 Bullish
Momentum (10) -1.15 Bullish
Ultimate Oscillator (7, 14, 28) 28.14 Bearish
Bull Bear Power (13) -0.98 Neutral

Moving averages

Strongly bearish

0 bullish · 0 neutral · 12 bearish

Period Simple Exponential
MA 10 29.03 29.11
MA 20 29.75 29.78
MA 30 30.52 30.41
MA 50 32.02 31.32
MA 100 33.33 32.31
MA 200 33.79 31.67

Support & resistance

Daily pivots
  • R3 29.41
  • R2 29.22
  • R1 29.02
  • Pivot 28.83
  • S1 28.63
  • S2 28.44
  • S3 28.24
  • Close 28.78

Pivot points

Level Classic Fibonacci Camarilla
R3 29.41 29.22 28.92
R2 29.22 29.07 28.88
R1 29.02 28.98 28.85
Pivot 28.83 28.83 28.83
S1 28.63 28.68 28.77
S2 28.44 28.59 28.74
S3 28.24 28.44 28.70

Range & volatility

52-week range

23.3244.17

ATR (14)
0.722.5% of price
Bollinger Bands (20, 2)
28.14 – 31.36
From the 52-week high
-34.8%
Bars analysed
6,115

Oscillators

Neutral

2 bullish · 5 neutral · 3 bearish

Indicator Value Reading
RSI (14) 39.28 Neutral
Stochastic %K (14, 3, 3) 3.68 Neutral
Stochastic RSI (14, 3, 3) 0.00 Bullish
CCI (20) -167.73 Bullish
ADX (14) 15.75 Neutral
Williams %R (14) -95.50 Neutral
MACD (12, 26, 9) -0.91 Bearish
Momentum (10) -7.68 Bearish
Ultimate Oscillator (7, 14, 28) 39.58 Neutral
Bull Bear Power (13) -5.81 Bearish

Moving averages

Bearish

4 bullish · 0 neutral · 8 bearish

Period Simple Exponential
MA 10 31.83 31.23
MA 20 33.33 32.32
MA 30 33.11 32.42
MA 50 34.12 31.04
MA 100 24.27 25.78
MA 200 14.55 19.08

Support & resistance

Weekly pivots
  • R3 31.70
  • R2 30.97
  • R1 30.02
  • Pivot 29.29
  • S1 28.34
  • S2 27.61
  • S3 26.66
  • Close 28.78

Pivot points

Level Classic Fibonacci Camarilla
R3 31.70 30.97 29.54
R2 30.97 30.32 29.39
R1 30.02 29.93 29.23
Pivot 29.29 29.29 29.29
S1 28.34 28.64 28.93
S2 27.61 28.25 28.77
S3 26.66 27.61 28.62

Range & volatility

52-week range

23.3244.17

ATR (14)
2.589.0% of price
Bollinger Bands (20, 2)
28.56 – 38.09
From the 52-week high
-34.8%
Bars analysed
1,291

Oscillators

Bearish

1 bullish · 6 neutral · 3 bearish

Indicator Value Reading
RSI (14) 56.38 Neutral
Stochastic %K (14, 3, 3) 57.59 Neutral
Stochastic RSI (14, 3, 3) 0.00 Neutral
CCI (20) 19.17 Neutral
ADX (14) 48.39 Bullish
Williams %R (14) -54.83 Neutral
MACD (12, 26, 9) 5.80 Bearish
Momentum (10) -9.78 Bearish
Ultimate Oscillator (7, 14, 28) 47.87 Neutral
Bull Bear Power (13) -0.85 Bearish

Moving averages

Strongly bullish

10 bullish · 0 neutral · 2 bearish

Period Simple Exponential
MA 10 32.64 30.99
MA 20 26.51 26.87
MA 30 20.13 23.13
MA 50 13.93 18.40
MA 100 10.81 13.78
MA 200 9.07 12.92

Support & resistance

Monthly pivots
  • R3 39.29
  • R2 37.36
  • R1 33.86
  • Pivot 31.93
  • S1 28.43
  • S2 26.50
  • S3 23.00
  • Close 28.78

Pivot points

Level Classic Fibonacci Camarilla
R3 39.29 37.36 31.84
R2 37.36 35.29 31.35
R1 33.86 34.01 30.85
Pivot 31.93 31.93 31.93
S1 28.43 29.86 29.85
S2 26.50 28.58 29.35
S3 23.00 26.50 28.86

Range & volatility

52-week range

23.3244.17

ATR (14)
5.2618.3% of price
Bollinger Bands (20, 2)
5.75 – 47.27
From the 52-week high
-34.8%
Bars analysed
299

How these readings work

Computed after each close from BOP'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 16 Nov 2001 is left out: a price move on that day was too large to compare earlier prices (for example an unadjusted split or bonus issue).

Pattern signals for BOP → BOP overview and price history →