Last close · 16 Oct 2026
Rs 39.22 +0.36%
Technical analysis · updated after the close, 16 Oct 2026
Ghani Glass Limited (GHGL) technical analysis
GHGL closed at Rs 39.22 on 16 Oct 2026 (+0.36%). 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 43.9 is weak but not oversold. The weekly trend is neutral, while the monthly chart is still strongly bullish. Nearest support is the daily pivot at 39.19, resistance R1 at 39.37.
Daily
Bearish
Weekly
Neutral
Monthly
Strongly bullish
Oscillators
Bearish
1 bullish · 6 neutral · 3 bearish
| Indicator | Value | Reading |
|---|---|---|
| RSI (14) | 50.76 | Neutral |
| Stochastic %K (14, 3, 3) | 30.81 | Neutral |
| Stochastic RSI (14, 3, 3) | 8.10 | Bullish |
| CCI (20) | -27.93 | Neutral |
| ADX (14) | 12.84 | Neutral |
| Williams %R (14) | -71.71 | Neutral |
| MACD (12, 26, 9) | 0.78 | Bearish |
| Momentum (10) | -2.84 | Bearish |
| Ultimate Oscillator (7, 14, 28) | 43.31 | Neutral |
| Bull Bear Power (13) | -1.59 | Bearish |
Moving averages
Bullish
8 bullish · 0 neutral · 4 bearish
| Period | Simple | Exponential | ||
|---|---|---|---|---|
| MA 10 | 40.55 | Bearish | 39.90 | Bearish |
| MA 20 | 39.65 | Bearish | 39.40 | Bearish |
| MA 30 | 38.36 | Bullish | 38.87 | Bullish |
| MA 50 | 37.00 | Bullish | 38.07 | Bullish |
| MA 100 | 36.65 | Bullish | 36.31 | Bullish |
| MA 200 | 32.06 | Bullish | 34.31 | Bullish |
Support & resistance
Weekly pivots- R3 41.31
- R2 40.65
- R1 39.91
- Pivot 39.25
- S1 38.51
- S2 37.85
- S3 37.11
- Close 39.22
Pivot points
| Level | Classic | Fibonacci | Camarilla |
|---|---|---|---|
| R3 | 41.31 | 40.65 | 39.54 |
| R2 | 40.65 | 40.12 | 39.42 |
| R1 | 39.91 | 39.79 | 39.29 |
| Pivot | 39.25 | 39.25 | 39.25 |
| S1 | 38.51 | 38.72 | 39.03 |
| S2 | 37.85 | 38.39 | 38.90 |
| S3 | 37.11 | 37.85 | 38.77 |
Range & volatility
52-week range
27.7845.10
- ATR (14)
- 2.847.3% of price
- Bollinger Bands (20, 2)
- 35.91 – 43.40
- From the 52-week high
- -13.0%
- Bars analysed
- 1,379
How these readings work
Computed after each close from GHGL'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 10 Aug 1999 is left out: a price move on that day was too large to compare earlier prices (for example an unadjusted split or bonus issue).