Last close · 16 Oct 2026
Rs 50.23 -1.93%
Technical analysis · updated after the close, 16 Oct 2026
Ghani Value Glass Limited (GVGL) technical analysis
GVGL closed at Rs 50.23 on 16 Oct 2026 (-1.93%). 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 30.1 is weak but not oversold. The weekly trend is bearish, while the monthly chart is still neutral. Nearest support is the daily S1 at 49.86, resistance the pivot at 51.42.
Daily
Strongly bearish
Weekly
Bearish
Monthly
Neutral
Oscillators
Bearish
1 bullish · 5 neutral · 4 bearish
| Indicator | Value | Reading |
|---|---|---|
| RSI (14) | 35.71 | Neutral |
| Stochastic %K (14, 3, 3) | 4.88 | Neutral |
| Stochastic RSI (14, 3, 3) | 0.00 | Bullish |
| CCI (20) | -217.07 | Neutral |
| ADX (14) | 16.81 | Neutral |
| Williams %R (14) | -98.29 | Neutral |
| MACD (12, 26, 9) | -1.15 | Bearish |
| Momentum (10) | -4.78 | Bearish |
| Ultimate Oscillator (7, 14, 28) | 26.49 | Bearish |
| Bull Bear Power (13) | -3.83 | Bearish |
Moving averages
Strongly bearish
2 bullish · 0 neutral · 10 bearish
| Period | Simple | Exponential | ||
|---|---|---|---|---|
| MA 10 | 53.49 | Bearish | 53.09 | Bearish |
| MA 20 | 54.68 | Bearish | 54.06 | Bearish |
| MA 30 | 54.36 | Bearish | 54.71 | Bearish |
| MA 50 | 56.51 | Bearish | 55.19 | Bearish |
| MA 100 | 54.88 | Bearish | 53.35 | Bearish |
| MA 200 | 46.62 | Bullish | 47.25 | Bullish |
Support & resistance
Weekly pivots- R3 55.28
- R2 54.63
- R1 53.33
- Pivot 52.68
- S1 51.38
- S2 50.73
- S3 49.43
- Close 50.23
Pivot points
| Level | Classic | Fibonacci | Camarilla |
|---|---|---|---|
| R3 | 55.28 | 54.63 | 52.57 |
| R2 | 54.63 | 53.89 | 52.39 |
| R1 | 53.33 | 53.42 | 52.21 |
| Pivot | 52.68 | 52.68 | 52.68 |
| S1 | 51.38 | 51.94 | 51.85 |
| S2 | 50.73 | 51.47 | 51.67 |
| S3 | 49.43 | 50.73 | 51.49 |
Range & volatility
52-week range
43.6570.00
- ATR (14)
- 3.777.5% of price
- Bollinger Bands (20, 2)
- 51.00 – 58.36
- From the 52-week high
- -28.2%
- Bars analysed
- 924
How these readings work
Computed after each close from GVGL'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 24 Dec 2003 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 GVGL → GVGL overview and price history →