Last close · 16 Oct 2026
Rs 18.32 -0.81%
Technical analysis · updated after the close, 16 Oct 2026
Gammon Pakistan Limited (GAMON) technical analysis
GAMON closed at Rs 18.32 on 16 Oct 2026 (-0.81%). The daily picture is strongly bearish: the price is below 6 of its 6 simple moving averages, MACD is above its signal line and RSI at 38.6 is weak but not oversold. The weekly trend is strongly bearish, and the monthly chart is bearish. Nearest support is the daily S1 at 18.04, resistance the pivot at 18.45.
Daily
Strongly bearish
Weekly
Strongly bearish
Monthly
Bearish
Oscillators
Neutral
2 bullish · 6 neutral · 2 bearish
| Indicator | Value | Reading |
|---|---|---|
| RSI (14) | 41.80 | Neutral |
| Stochastic %K (14, 3, 3) | 9.21 | Bullish |
| Stochastic RSI (14, 3, 3) | 0.00 | Neutral |
| CCI (20) | -92.78 | Neutral |
| ADX (14) | 20.17 | Bearish |
| Williams %R (14) | -91.96 | Neutral |
| MACD (12, 26, 9) | -0.44 | Bearish |
| Momentum (10) | -5.59 | Bullish |
| Ultimate Oscillator (7, 14, 28) | 35.62 | Neutral |
| Bull Bear Power (13) | -4.25 | Neutral |
Moving averages
Strongly bearish
0 bullish · 0 neutral · 12 bearish
| Period | Simple | Exponential | ||
|---|---|---|---|---|
| MA 10 | 21.59 | Bearish | 20.36 | Bearish |
| MA 20 | 21.57 | Bearish | 20.89 | Bearish |
| MA 30 | 20.57 | Bearish | 21.12 | Bearish |
| MA 50 | 20.79 | Bearish | 21.95 | Bearish |
| MA 100 | 26.80 | Bearish | 23.11 | Bearish |
| MA 200 | 21.00 | Bearish | 21.72 | Bearish |
Support & resistance
Weekly pivots- R3 22.39
- R2 21.09
- R1 19.89
- Pivot 18.59
- S1 17.39
- S2 16.09
- S3 14.89
- Close 18.32
Pivot points
| Level | Classic | Fibonacci | Camarilla |
|---|---|---|---|
| R3 | 22.39 | 21.09 | 19.37 |
| R2 | 21.09 | 20.14 | 19.14 |
| R1 | 19.89 | 19.55 | 18.91 |
| Pivot | 18.59 | 18.59 | 18.59 |
| S1 | 17.39 | 17.64 | 18.45 |
| S2 | 16.09 | 17.05 | 18.22 |
| S3 | 14.89 | 16.09 | 17.99 |
Range & volatility
52-week range
13.6629.99
- ATR (14)
- 2.9516.1% of price
- Bollinger Bands (20, 2)
- 16.04 – 27.10
- From the 52-week high
- -38.9%
- Bars analysed
- 737
How these readings work
Computed after each close from GAMON'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 29 Nov 2011 is left out: a price move on that day was too large to compare earlier prices (for example an unadjusted split or bonus issue).