PSX · PHARMACEUTICALS
HPL Symmetrical Triangle forming — 1 Hour chart signal
Hoechst Pakistan Limited
1 Hour 13 Oct 2026 · 09:30 PKT
Close
3,999.00
▲ 0.35%
Symmetrical Triangle forming
Chart pattern
HPL is compressing inside a symmetrical triangle on the hourly chart - 5 swing points, 13.3x ATR wide at the start.
Upper line 4,006.00, lower line 3,938.45. The pattern has no built-in bias: a hourly close above 4,010.25 confirms an upside breakout, a close below 3,934.20 a downside break.
Structure: bearish external, bearish internal (strong high 4,400.00). Nearest supply OB 4,512.91 - 4,650.00.