PSX · POWER GENERATION & DISTRIBUTION
SPWL Ascending Triangle forming — 30 Min chart signal
Saif Power Limited
30 Min 13 Oct 2026 · 12:30 PKT
Close
7.90
▲ 1.28%
Ascending Triangle forming
Chart pattern With the trend
SPWL is compressing inside an ascending triangle on the 30-minute chart - 5 swing points, 7.3x ATR wide at the start.
Upper line 8.00, lower line 7.65. The pattern favours an upside resolution: a 30-minute close above 8.02 confirms an upside breakout, a close below 7.63 a downside break.
Structure: bullish external, bullish internal (strong low 7.50). Nearest supply OB 8.40 - 8.50.