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Oil & Gas Marketing Companies

BPL Burshane LPG (Pakistan) Limited

Latest results: FY2026 · Jun 2026

Last close · 16 Oct 2026

Rs 46.04 -0.39%

Technical analysis · updated after the close, 16 Oct 2026

Burshane LPG (Pakistan) Limited (BPL) technical analysis

BPL closed at Rs 46.04 on 16 Oct 2026 (-0.39%). The daily picture is bearish: the price is below 5 of its 6 simple moving averages, MACD is below its signal line and RSI at 40.1 is weak but not oversold. The weekly trend is bullish, and the monthly chart is strongly bullish. Nearest support is the daily S1 at 45.01, resistance the pivot at 46.21.

Daily

Bearish

Weekly

Bullish

Monthly

Strongly bullish

Details for Daily Weekly Monthly

Oscillators

Bullish

3 bullish · 6 neutral · 1 bearish

Indicator Value Reading
RSI (14) 40.07 Neutral
Stochastic %K (14, 3, 3) 8.99 Bullish
Stochastic RSI (14, 3, 3) 0.00 Bullish
CCI (20) -94.43 Neutral
ADX (14) 15.03 Neutral
Williams %R (14) -88.44 Neutral
MACD (12, 26, 9) -0.75 Bearish
Momentum (10) -4.21 Bullish
Ultimate Oscillator (7, 14, 28) 36.35 Neutral
Bull Bear Power (13) -4.08 Neutral

Moving averages

Bearish

3 bullish · 0 neutral · 9 bearish

Period Simple Exponential
MA 10 47.27 47.60
MA 20 50.69 48.59
MA 30 49.90 48.64
MA 50 47.58 48.04
MA 100 47.82 45.28
MA 200 36.76 40.07

Support & resistance

Daily pivots
  • R3 49.83
  • R2 48.62
  • R1 47.42
  • Pivot 46.21
  • S1 45.01
  • S2 43.80
  • S3 42.60
  • Close 46.04

Pivot points

Level Classic Fibonacci Camarilla
R3 49.83 48.62 46.88
R2 48.62 47.70 46.66
R1 47.42 47.13 46.44
Pivot 46.21 46.21 46.21
S1 45.01 45.29 46.00
S2 43.80 44.72 45.78
S3 42.60 43.80 45.56

Range & volatility

52-week range

16.6767.47

ATR (14)
2.375.2% of price
Bollinger Bands (20, 2)
42.85 – 58.52
From the 52-week high
-31.8%
Bars analysed
4,286

Oscillators

Neutral

2 bullish · 5 neutral · 3 bearish

Indicator Value Reading
RSI (14) 54.44 Neutral
Stochastic %K (14, 3, 3) 38.89 Neutral
Stochastic RSI (14, 3, 3) 0.00 Bullish
CCI (20) -34.67 Neutral
ADX (14) 30.02 Bullish
Williams %R (14) -70.41 Neutral
MACD (12, 26, 9) 3.64 Bearish
Momentum (10) 0.82 Bearish
Ultimate Oscillator (7, 14, 28) 41.55 Neutral
Bull Bear Power (13) -1.34 Bearish

Moving averages

Bullish

9 bullish · 0 neutral · 3 bearish

Period Simple Exponential
MA 10 47.44 47.75
MA 20 47.10 45.37
MA 30 42.29 42.71
MA 50 35.21 38.60
MA 100 30.66 32.81
MA 200 23.98 28.17

Support & resistance

Weekly pivots
  • R3 53.41
  • R2 51.80
  • R1 49.92
  • Pivot 48.31
  • S1 46.43
  • S2 44.82
  • S3 42.94
  • Close 46.04

Pivot points

Level Classic Fibonacci Camarilla
R3 53.41 51.80 49.00
R2 51.80 50.47 48.68
R1 49.92 49.64 48.36
Pivot 48.31 48.31 48.31
S1 46.43 46.98 47.72
S2 44.82 46.15 47.40
S3 42.94 44.82 47.08

Range & volatility

52-week range

16.6767.47

ATR (14)
6.1813.4% of price
Bollinger Bands (20, 2)
41.22 – 52.98
From the 52-week high
-31.8%
Bars analysed
1,166

Oscillators

Neutral

2 bullish · 6 neutral · 2 bearish

Indicator Value Reading
RSI (14) 61.67 Neutral
Stochastic %K (14, 3, 3) 59.19 Neutral
Stochastic RSI (14, 3, 3) 0.00 Neutral
CCI (20) 109.91 Bearish
ADX (14) 54.06 Bullish
Williams %R (14) -42.19 Neutral
MACD (12, 26, 9) 6.65 Bullish
Momentum (10) 21.02 Bearish
Ultimate Oscillator (7, 14, 28) 50.46 Neutral
Bull Bear Power (13) 21.03 Neutral

Moving averages

Strongly bullish

12 bullish · 0 neutral · 0 bearish

Period Simple Exponential
MA 10 38.38 40.76
MA 20 32.31 34.88
MA 30 29.41 31.45
MA 50 23.59 28.18
MA 100 23.38 27.74
MA 200 32.01 29.14

Support & resistance

Monthly pivots
  • R3 81.45
  • R2 71.57
  • R1 61.79
  • Pivot 51.91
  • S1 42.13
  • S2 32.25
  • S3 22.47
  • Close 46.04

Pivot points

Level Classic Fibonacci Camarilla
R3 81.45 71.57 57.41
R2 71.57 64.06 55.60
R1 61.79 59.42 53.80
Pivot 51.91 51.91 51.91
S1 42.13 44.40 50.20
S2 32.25 39.76 48.40
S3 22.47 32.25 46.59

Range & volatility

52-week range

16.6767.47

ATR (14)
9.2620.1% of price
Bollinger Bands (20, 2)
10.86 – 53.76
From the 52-week high
-31.8%
Bars analysed
326

How these readings work

Computed after each close from BPL'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.

Pattern signals for BPL → BPL overview and price history →