PSX · TEXTILE SPINNING
JATM Head & Shoulders forming — Daily chart signal
J.A. Textile Mills Limited
Daily 08 Oct 2026
Close
38.07
▼ 4.68%
Head & Shoulders forming
Chart pattern Against the trend
JATM has completed a head & shoulders on the daily chart with the head at 75.72 and the neckline at 32.46.
The pattern is confirmed by a daily close below 31.79. The measured move from the neckline points to -11.64 (-135.9%). A close beyond the head at 75.72 cancels it. Still active - first identified on 07 Oct 2026.
Structure: bullish external, bullish internal (strong low 14.61). Nearest demand OB 25.11 - 26.60, supply OB 90.00 - 99.90.
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
Inverse Head & Shoulders forming
JATM has completed an inverse head & shoulders on the hourly chart with the head at 32.05 and the neckline at 42.22.
09 Oct 2026 · 11:30 PKT Chart pattern