PSX · COMMERCIAL BANKS
HBL Head & Shoulders forming — Daily chart signal
Habib Bank Limited
Daily 12 Oct 2026
Close
290.26
▼ 1.86%
Head & Shoulders forming
Chart pattern Against the trend
HBL has completed a head & shoulders on the daily chart with the head at 343.39 and the neckline at 292.17.
The pattern is confirmed by a daily close below 290.88. The measured move from the neckline points to 239.30 (-18.1%). A close beyond the head at 343.39 cancels it.
Structure: bullish external, bullish internal (strong low 266.00). Nearest demand OB 266.00 - 272.99, supply OB 356.00 - 361.40.
More for HBL
HBL company page →Bearish change of character
HBL closed below the external strong low at 290.00 - the external trend turns bearish.
13 Oct 2026 · 10:30 PKT Market structure · CHoCH
Bearish change of character
HBL closed below the external strong low at 290.00 - the external trend turns bearish.
12 Oct 2026 · 13:30 PKT Market structure · CHoCH
Head & Shoulders breakdown
HBL broke below its head & shoulders on the daily close at 290.26.
12 Oct 2026 Pattern breakout