Skip to content

Textile Composite

STML Shams Textile Mills Limited

Latest results: FY2026 · Jun 2026

Last close · 16 Oct 2026

Rs 44.86 0.00%

Technical analysis · updated after the close, 16 Oct 2026

Shams Textile Mills Limited (STML) technical analysis

STML closed at Rs 44.86 on 16 Oct 2026 (0.00%). The daily picture is bearish: the price is below 4 of its 6 simple moving averages, MACD is above its signal line and RSI at 44.8 is weak but not oversold. The weekly trend is bullish, and the monthly chart is strongly bullish. Nearest support is the daily S1 at 43.31, resistance the pivot at 45.11.

Daily

Bearish

Weekly

Bullish

Monthly

Strongly bullish

Details for Daily Weekly Monthly

Oscillators

Bullish

3 bullish · 6 neutral · 1 bearish

Indicator Value Reading
RSI (14) 44.78 Neutral
Stochastic %K (14, 3, 3) 44.17 Neutral
Stochastic RSI (14, 3, 3) 0.00 Neutral
CCI (20) -43.35 Neutral
ADX (14) 22.15 Bullish
Williams %R (14) -59.79 Neutral
MACD (12, 26, 9) -1.31 Bullish
Momentum (10) 0.85 Bullish
Ultimate Oscillator (7, 14, 28) 42.02 Neutral
Bull Bear Power (13) -0.81 Bearish

Moving averages

Bearish

3 bullish · 0 neutral · 9 bearish

Period Simple Exponential
MA 10 44.57 45.18
MA 20 45.92 46.07
MA 30 47.45 46.94
MA 50 49.52 47.66
MA 100 48.14 46.11
MA 200 39.19 42.09

Support & resistance

Daily pivots
  • R3 49.99
  • R2 48.45
  • R1 46.65
  • Pivot 45.11
  • S1 43.31
  • S2 41.77
  • S3 39.97
  • Close 44.86

Pivot points

Level Classic Fibonacci Camarilla
R3 49.99 48.45 45.78
R2 48.45 47.17 45.47
R1 46.65 46.38 45.17
Pivot 45.11 45.11 45.11
S1 43.31 43.83 44.55
S2 41.77 43.04 44.25
S3 39.97 41.77 43.94

Range & volatility

52-week range

22.8070.38

ATR (14)
4.4910.0% of price
Bollinger Bands (20, 2)
40.87 – 50.96
From the 52-week high
-36.3%
Bars analysed
1,971

Oscillators

Neutral

1 bullish · 7 neutral · 2 bearish

Indicator Value Reading
RSI (14) 50.08 Neutral
Stochastic %K (14, 3, 3) 13.30 Neutral
Stochastic RSI (14, 3, 3) 39.35 Neutral
CCI (20) -40.89 Neutral
ADX (14) 48.33 Bullish
Williams %R (14) -86.86 Neutral
MACD (12, 26, 9) 2.62 Bearish
Momentum (10) -7.66 Bearish
Ultimate Oscillator (7, 14, 28) 41.26 Neutral
Bull Bear Power (13) -1.53 Neutral

Moving averages

Bullish

8 bullish · 0 neutral · 4 bearish

Period Simple Exponential
MA 10 49.24 47.65
MA 20 48.31 46.35
MA 30 43.11 44.17
MA 50 37.80 40.78
MA 100 33.72 37.09
MA 200 35.75 36.13

Support & resistance

Weekly pivots
  • R3 57.23
  • R2 52.99
  • R1 49.49
  • Pivot 45.25
  • S1 41.75
  • S2 37.51
  • S3 34.01
  • Close 44.86

Pivot points

Level Classic Fibonacci Camarilla
R3 57.23 52.99 48.13
R2 52.99 50.03 47.42
R1 49.49 48.20 46.71
Pivot 45.25 45.25 45.25
S1 41.75 42.29 45.29
S2 37.51 40.46 44.58
S3 34.01 37.51 43.87

Range & volatility

52-week range

22.8070.38

ATR (14)
8.1418.2% of price
Bollinger Bands (20, 2)
38.28 – 58.35
From the 52-week high
-36.3%
Bars analysed
799

Oscillators

Bullish

3 bullish · 7 neutral · 0 bearish

Indicator Value Reading
RSI (14) 60.55 Neutral
Stochastic %K (14, 3, 3) 50.04 Neutral
Stochastic RSI (14, 3, 3) 0.00 Neutral
CCI (20) 90.51 Neutral
ADX (14) 34.04 Bullish
Williams %R (14) -53.64 Neutral
MACD (12, 26, 9) 4.16 Bullish
Momentum (10) 13.77 Bullish
Ultimate Oscillator (7, 14, 28) 40.84 Neutral
Bull Bear Power (13) 12.32 Neutral

Moving averages

Strongly bullish

12 bullish · 0 neutral · 0 bearish

Period Simple Exponential
MA 10 38.94 41.28
MA 20 34.86 37.12
MA 30 31.98 35.57
MA 50 31.72 35.13
MA 100 37.41 35.44
MA 200 32.41 32.92

Support & resistance

Monthly pivots
  • R3 70.29
  • R2 64.65
  • R1 54.79
  • Pivot 49.15
  • S1 39.29
  • S2 33.65
  • S3 23.79
  • Close 44.86

Pivot points

Level Classic Fibonacci Camarilla
R3 70.29 64.65 49.20
R2 64.65 58.73 47.78
R1 54.79 55.07 46.36
Pivot 49.15 49.15 49.15
S1 39.29 43.23 43.52
S2 33.65 39.57 42.10
S3 23.79 33.65 40.68

Range & volatility

52-week range

22.8070.38

ATR (14)
10.3923.2% of price
Bollinger Bands (20, 2)
17.84 – 51.89
From the 52-week high
-36.3%
Bars analysed
255

How these readings work

Computed after each close from STML'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 17 Jul 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 STML → STML overview and price history →