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Close - End Mutual Fund

HGFA HBL Growth Fund

Latest results: FY2019 · Jun 2019

Last close · 16 Oct 2026

Rs 13.47 -0.22%

Technical analysis · updated after the close, 16 Oct 2026

HBL Growth Fund (HGFA) technical analysis

HGFA closed at Rs 13.47 on 16 Oct 2026 (-0.22%). The daily picture is bearish: the price is below 5 of its 6 simple moving averages, MACD is above its signal line and RSI at 43.2 is weak but not oversold. The weekly trend is bearish, while the monthly chart is still neutral. Nearest support is the daily pivot at 13.42, resistance R1 at 13.77.

Daily

Bearish

Weekly

Bearish

Monthly

Neutral

Details for Daily Weekly Monthly

Oscillators

Bullish

2 bullish · 8 neutral · 0 bearish

Indicator Value Reading
RSI (14) 43.17 Neutral
Stochastic %K (14, 3, 3) 30.86 Neutral
Stochastic RSI (14, 3, 3) 76.42 Neutral
CCI (20) -47.48 Neutral
ADX (14) 11.93 Neutral
Williams %R (14) -68.24 Neutral
MACD (12, 26, 9) -0.19 Bullish
Momentum (10) -0.22 Bullish
Ultimate Oscillator (7, 14, 28) 50.58 Neutral
Bull Bear Power (13) -0.07 Neutral

Moving averages

Strongly bearish

1 bullish · 0 neutral · 11 bearish

Period Simple Exponential
MA 10 13.40 13.48
MA 20 13.58 13.59
MA 30 13.66 13.76
MA 50 14.03 14.12
MA 100 15.39 14.76
MA 200 15.66 15.09

Support & resistance

Daily pivots
  • R3 14.40
  • R2 14.05
  • R1 13.77
  • Pivot 13.42
  • S1 13.14
  • S2 12.79
  • S3 12.51
  • Close 13.47

Pivot points

Level Classic Fibonacci Camarilla
R3 14.40 14.05 13.67
R2 14.05 13.81 13.62
R1 13.77 13.66 13.56
Pivot 13.42 13.42 13.42
S1 13.14 13.18 13.44
S2 12.79 13.03 13.38
S3 12.51 12.79 13.33

Range & volatility

52-week range

13.0021.00

ATR (14)
0.544.0% of price
Bollinger Bands (20, 2)
13.14 – 14.02
From the 52-week high
-35.9%
Bars analysed
1,769

Oscillators

Bullish

3 bullish · 6 neutral · 1 bearish

Indicator Value Reading
RSI (14) 37.07 Neutral
Stochastic %K (14, 3, 3) 9.12 Bullish
Stochastic RSI (14, 3, 3) 0.00 Neutral
CCI (20) -88.31 Neutral
ADX (14) 14.90 Neutral
Williams %R (14) -90.39 Bullish
MACD (12, 26, 9) -0.69 Bearish
Momentum (10) -0.74 Bullish
Ultimate Oscillator (7, 14, 28) 47.05 Neutral
Bull Bear Power (13) -1.92 Neutral

Moving averages

Strongly bearish

2 bullish · 0 neutral · 10 bearish

Period Simple Exponential
MA 10 13.98 14.08
MA 20 15.42 14.71
MA 30 15.23 15.02
MA 50 15.97 15.01
MA 100 13.96 13.77
MA 200 10.08 11.78

Support & resistance

Weekly pivots
  • R3 14.97
  • R2 14.47
  • R1 13.99
  • Pivot 13.49
  • S1 13.01
  • S2 12.51
  • S3 12.03
  • Close 13.47

Pivot points

Level Classic Fibonacci Camarilla
R3 14.97 14.47 13.77
R2 14.47 14.10 13.68
R1 13.99 13.87 13.59
Pivot 13.49 13.49 13.49
S1 13.01 13.12 13.41
S2 12.51 12.89 13.32
S3 12.03 12.51 13.23

Range & volatility

52-week range

13.0021.00

ATR (14)
1.5211.3% of price
Bollinger Bands (20, 2)
11.69 – 19.15
From the 52-week high
-35.9%
Bars analysed
430

Oscillators

Bearish

1 bullish · 6 neutral · 3 bearish

Indicator Value Reading
RSI (14) 50.77 Neutral
Stochastic %K (14, 3, 3) 19.65 Neutral
Stochastic RSI (14, 3, 3) 0.00 Neutral
CCI (20) -30.16 Neutral
ADX (14) 36.13 Bullish
Williams %R (14) -94.40 Neutral
MACD (12, 26, 9) 1.34 Bearish
Momentum (10) -4.09 Bearish
Ultimate Oscillator (7, 14, 28) 42.28 Neutral
Bull Bear Power (13) -2.23 Bearish

Moving averages

Bullish

6 bullish · 0 neutral · 4 bearish

Period Simple Exponential
MA 10 15.14 14.72
MA 20 14.55 13.96
MA 30 12.44 12.93
MA 50 9.79 11.58
MA 100 9.33 9.33
MA 200 — —

Support & resistance

Monthly pivots
  • R3 16.67
  • R2 15.81
  • R1 14.84
  • Pivot 13.98
  • S1 13.01
  • S2 12.15
  • S3 11.18
  • Close 13.47

Pivot points

Level Classic Fibonacci Camarilla
R3 16.67 15.81 14.38
R2 15.81 15.11 14.22
R1 14.84 14.68 14.05
Pivot 13.98 13.98 13.98
S1 13.01 13.28 13.71
S2 12.15 12.85 13.54
S3 11.18 12.15 13.38

Range & volatility

52-week range

13.0021.00

ATR (14)
2.7820.7% of price
Bollinger Bands (20, 2)
8.68 – 20.42
From the 52-week high
-35.9%
Bars analysed
100

How these readings work

Computed after each close from HGFA'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 4 Jul 2018 is left out: a price move on that day was too large to compare earlier prices (for example an unadjusted split or bonus issue).

HGFA overview and price history →