PSX · SUGAR & ALLIED INDUSTRIES
MIRKS Inverse Head & Shoulders forming — 1 Hour chart signal
Mirpurkhas Sugar Mills Limited
1 Hour 09 Oct 2026 · 11:30 PKT
Close
30.54
▼ 1.29%
Inverse Head & Shoulders forming
Chart pattern With the trend
MIRKS has completed an inverse head & shoulders on the hourly chart with the head at 29.11 and the neckline at 33.78.
The pattern is confirmed by a hourly close above 33.95. The measured move from the neckline points to 39.97 (+18.3%). A close beyond the head at 29.11 cancels it. Still active - first identified on 30 Sep 2026 09:30.
Structure: bullish external, bullish internal (strong low 28.36). Nearest demand OB 26.75 - 27.60.
More for MIRKS
MIRKS company page →Rising Wedge breakdown
MIRKS broke below its rising wedge on the 30-minute close at 31.00.
14 Oct 2026 · 10:00 PKT Pattern breakout
Rising Wedge forming
MIRKS is compressing inside a rising wedge on the 30-minute chart - 5 swing points, 8.3x ATR wide at the start.
14 Oct 2026 · 10:00 PKT Chart pattern
Head & Shoulders forming
MIRKS has completed a head & shoulders on the daily chart with the head at 39.00 and the neckline at 29.28.
08 Oct 2026 Chart pattern