PSX · CHEMICAL
DYNO Bear Pennant forming — 30 Min chart signal
Dynea Pakistan Limited
30 Min 16 Oct 2026 · 14:30 PKT
Close
330.00
▼ 0.60%
Bear Pennant forming
Chart pattern With the trend
DYNO is building a bear pennant after a 11.00 drop (6.4x ATR) on the 30-minute chart.
The flag channel runs between 342.00 and 331.37. A 30-minute close below 341.66 signals continuation towards 331.00; a close above 331.37 fails the pattern.
Structure: bearish external, bearish internal (strong high 366.90). Nearest demand OB 320.26 - 321.11, supply OB 336.00 - 339.00.