PSX · MISCELLANEOUS
STPL Descending Triangle breakout — 30 Min chart signal
Siddiqsons Tin Plate Limited
30 Min 16 Oct 2026 · 10:30 PKT
Close
7.85
▲ 3.84%
Descending Triangle breakout
Pattern breakout Against the trend
STPL broke above its descending triangle on the 30-minute close at 7.85.
Projected target 8.04 (+2.4%). The pattern is invalidated beyond 7.37 (-6.1%), a reward-to-risk of about 0.4 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bullish internal (strong high 10.40). Nearest demand OB 7.40 - 7.46, supply OB 8.93 - 9.02.
More for STPL
STPL company page →Descending Triangle forming
STPL is compressing inside a descending triangle on the 30-minute chart - 5 swing points, 7.3x ATR wide at the start.
16 Oct 2026 · 10:30 PKT Chart pattern
Inverse Head & Shoulders forming
STPL has completed an inverse head & shoulders on the daily chart with the head at 5.55 and the neckline at 10.13.
08 Oct 2026 Chart pattern