PSX · INV. BANKS / INV. COS. / SECURITIES COS.
FCEL Head & Shoulders forming — 1 Hour chart signal
First Capital Equities Limited
1 Hour 09 Oct 2026 · 10:30 PKT
Close
4.90
▼ 3.54%
Head & Shoulders forming
Chart pattern With the trend
FCEL has completed a head & shoulders on the hourly chart with the head at 6.16 and the neckline at 4.63.
The pattern is confirmed by a hourly close below 4.58. The measured move from the neckline points to 3.24 (-30.0%). A close beyond the head at 6.16 cancels it. Still active - first identified on 23 Sep 2026 12:30.
Structure: bearish external, bearish internal (strong high 8.76). Nearest supply OB 4.91 - 5.19.