PSX · TEXTILE SPINNING
JATM Inverse Head & Shoulders forming — 1 Hour chart signal
J.A. Textile Mills Limited
1 Hour 09 Oct 2026 · 11:30 PKT
Close
38.86
▼ 0.08%
Inverse Head & Shoulders forming
Chart pattern With the trend
JATM has completed an inverse head & shoulders on the hourly chart with the head at 32.05 and the neckline at 42.22.
The pattern is confirmed by a hourly close above 42.48. The measured move from the neckline points to 55.07 (+30.4%). A close beyond the head at 32.05 cancels it. Still active - first identified on 30 Sep 2026 11:30.
Structure: bullish external, bullish internal (strong low 31.35). Nearest demand OB 29.00 - 30.00, supply OB 46.31 - 50.90.
More for JATM
JATM company page →Bullish change of character
JATM closed above the external strong high at 45.75 - the external trend turns bullish.
12 Oct 2026 · 10:30 PKT Market structure · CHoCH
Inverse Head & Shoulders breakout
JATM broke above its inverse head & shoulders on the hourly close at 43.72.
12 Oct 2026 · 09:30 PKT Pattern breakout
Head & Shoulders forming
JATM has completed a head & shoulders on the daily chart with the head at 75.72 and the neckline at 32.46.
08 Oct 2026 Chart pattern