Last close · 16 Oct 2026
Rs 288.72 -6.86%
Technical analysis · updated after the close, 16 Oct 2026
Faisal Spinning Mills Limited (FASM) technical analysis
FASM closed at Rs 288.72 on 16 Oct 2026 (-6.86%). The daily picture is strongly bearish: the price is below 6 of its 6 simple moving averages, MACD is below its signal line and RSI at 25.6 is oversold. The weekly trend is strongly bearish, and the monthly chart is bearish. Nearest support is the daily S3 at 287.32, resistance S2 at 298.65.
Daily
Strongly bearish
Weekly
Strongly bearish
Monthly
Bearish
Oscillators
Bearish
1 bullish · 6 neutral · 3 bearish
| Indicator | Value | Reading |
|---|---|---|
| RSI (14) | 44.43 | Neutral |
| Stochastic %K (14, 3, 3) | 39.45 | Neutral |
| Stochastic RSI (14, 3, 3) | 0.00 | Neutral |
| CCI (20) | -66.87 | Neutral |
| ADX (14) | 26.44 | Bullish |
| Williams %R (14) | -73.67 | Neutral |
| MACD (12, 26, 9) | -0.84 | Bearish |
| Momentum (10) | -11.56 | Bearish |
| Ultimate Oscillator (7, 14, 28) | 38.77 | Neutral |
| Bull Bear Power (13) | -19.48 | Bearish |
Moving averages
Strongly bearish
2 bullish · 0 neutral · 10 bearish
| Period | Simple | Exponential | ||
|---|---|---|---|---|
| MA 10 | 327.58 | Bearish | 322.31 | Bearish |
| MA 20 | 327.07 | Bearish | 322.71 | Bearish |
| MA 30 | 309.52 | Bearish | 324.30 | Bearish |
| MA 50 | 329.18 | Bearish | 326.93 | Bearish |
| MA 100 | 332.78 | Bearish | 309.78 | Bearish |
| MA 200 | 234.58 | Bullish | 227.39 | Bullish |
Support & resistance
Monthly pivots- R3 444.11
- R2 406.05
- R1 371.11
- Pivot 333.05
- S1 298.11
- S2 260.05
- S3 225.11
- Close 288.72
Pivot points
| Level | Classic | Fibonacci | Camarilla |
|---|---|---|---|
| R3 | 444.11 | 406.05 | 356.24 |
| R2 | 406.05 | 378.17 | 349.54 |
| R1 | 371.11 | 360.94 | 342.85 |
| Pivot | 333.05 | 333.05 | 333.05 |
| S1 | 298.11 | 305.17 | 329.47 |
| S2 | 260.05 | 287.94 | 322.78 |
| S3 | 225.11 | 260.05 | 316.09 |
Range & volatility
52-week range
240.02425.00
- ATR (14)
- 77.2826.8% of price
- Bollinger Bands (20, 2)
- 263.55 – 390.58
- From the 52-week high
- -32.1%
- Bars analysed
- 248
How these readings work
Computed after each close from FASM'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 26 May 2005 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 FASM → FASM overview and price history →