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Textile Composite

CRTM The Crescent Textile Mills Limited

Latest results: FY2026 · Jun 2026

Last close · 16 Oct 2026

Rs 58.20 +2.27%

Technical analysis · updated after the close, 16 Oct 2026

The Crescent Textile Mills Limited (CRTM) technical analysis

CRTM closed at Rs 58.20 on 16 Oct 2026 (+2.27%). The daily picture is bearish: the price is below 4 of its 6 simple moving averages, MACD is above its signal line and RSI at 36.2 is weak but not oversold. The weekly trend is neutral, while the monthly chart is still strongly bullish. Nearest support is the daily R2 at 57.64, resistance R3 at 58.26.

Daily

Bearish

Weekly

Neutral

Monthly

Strongly bullish

Details for Daily Weekly Monthly

Oscillators

Neutral

2 bullish · 7 neutral · 1 bearish

Indicator Value Reading
RSI (14) 36.15 Neutral
Stochastic %K (14, 3, 3) 26.75 Neutral
Stochastic RSI (14, 3, 3) 100.00 Neutral
CCI (20) -52.95 Neutral
ADX (14) 54.37 Bearish
Williams %R (14) -67.60 Neutral
MACD (12, 26, 9) -2.65 Bullish
Momentum (10) -1.80 Bullish
Ultimate Oscillator (7, 14, 28) 44.32 Neutral
Bull Bear Power (13) -1.96 Neutral

Moving averages

Bearish

4 bullish · 0 neutral · 8 bearish

Period Simple Exponential
MA 10 56.98 58.01
MA 20 60.10 59.88
MA 30 62.03 61.68
MA 50 65.89 64.24
MA 100 69.84 65.00
MA 200 57.42 58.04

Support & resistance

Daily pivots
  • R3 58.26
  • R2 57.64
  • R1 57.28
  • Pivot 56.66
  • S1 56.30
  • S2 55.68
  • S3 55.32
  • Close 58.20

Pivot points

Level Classic Fibonacci Camarilla
R3 58.26 57.64 57.18
R2 57.64 57.27 57.09
R1 57.28 57.04 57.00
Pivot 56.66 56.66 56.66
S1 56.30 56.29 56.82
S2 55.68 56.06 56.73
S3 55.32 55.68 56.64

Range & volatility

52-week range

16.6096.50

ATR (14)
2.133.7% of price
Bollinger Bands (20, 2)
53.59 – 66.60
From the 52-week high
-39.7%
Bars analysed
4,818

Oscillators

Neutral

4 bullish · 2 neutral · 4 bearish

Indicator Value Reading
RSI (14) 43.44 Neutral
Stochastic %K (14, 3, 3) 4.20 Bullish
Stochastic RSI (14, 3, 3) 75.36 Neutral
CCI (20) -169.73 Bullish
ADX (14) 33.85 Bearish
Williams %R (14) -89.86 Bullish
MACD (12, 26, 9) 0.78 Bearish
Momentum (10) -13.98 Bullish
Ultimate Oscillator (7, 14, 28) 25.93 Bearish
Bull Bear Power (13) -14.43 Bearish

Moving averages

Neutral

6 bullish · 0 neutral · 6 bearish

Period Simple Exponential
MA 10 65.15 63.65
MA 20 69.31 64.96
MA 30 69.35 62.42
MA 50 52.91 55.35
MA 100 35.16 42.62
MA 200 24.32 32.21

Support & resistance

Weekly pivots
  • R3 67.76
  • R2 65.08
  • R1 60.54
  • Pivot 57.86
  • S1 53.32
  • S2 50.64
  • S3 46.10
  • Close 58.20

Pivot points

Level Classic Fibonacci Camarilla
R3 67.76 65.08 57.99
R2 65.08 62.32 57.32
R1 60.54 60.62 56.66
Pivot 57.86 57.86 57.86
S1 53.32 55.10 55.34
S2 50.64 53.40 54.68
S3 46.10 50.64 54.01

Range & volatility

52-week range

16.6096.50

ATR (14)
6.7611.6% of price
Bollinger Bands (20, 2)
56.20 – 82.42
From the 52-week high
-39.7%
Bars analysed
1,142

Oscillators

Bullish

3 bullish · 6 neutral · 1 bearish

Indicator Value Reading
RSI (14) 62.32 Neutral
Stochastic %K (14, 3, 3) 58.99 Neutral
Stochastic RSI (14, 3, 3) 0.00 Bullish
CCI (20) 58.37 Neutral
ADX (14) 52.33 Bullish
Williams %R (14) -47.93 Neutral
MACD (12, 26, 9) 13.53 Bullish
Momentum (10) 30.65 Bearish
Ultimate Oscillator (7, 14, 28) 41.16 Neutral
Bull Bear Power (13) 13.50 Neutral

Moving averages

Strongly bullish

12 bullish · 0 neutral · 0 bearish

Period Simple Exponential
MA 10 57.29 56.89
MA 20 39.16 45.22
MA 30 30.55 38.27
MA 50 23.84 31.48
MA 100 23.69 26.47
MA 200 21.33 24.49

Support & resistance

Monthly pivots
  • R3 78.50
  • R2 75.00
  • R1 69.00
  • Pivot 65.50
  • S1 59.50
  • S2 56.00
  • S3 50.00
  • Close 58.20

Pivot points

Level Classic Fibonacci Camarilla
R3 78.50 75.00 65.61
R2 75.00 71.37 64.74
R1 69.00 69.13 63.87
Pivot 65.50 65.50 65.50
S1 59.50 61.87 62.13
S2 56.00 59.63 61.26
S3 50.00 56.00 60.39

Range & volatility

52-week range

16.6096.50

ATR (14)
11.9020.4% of price
Bollinger Bands (20, 2)
-7.29 – 85.61
From the 52-week high
-39.7%
Bars analysed
267

How these readings work

Computed after each close from CRTM'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 12 Apr 2004 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 CRTM → CRTM overview and price history →