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Textile Composite

ADMM Artistic Denim Mills Limited

Latest results: FY2026 · Jun 2026

Last close · 16 Oct 2026

Rs 51.31 -1.08%

Technical analysis · updated after the close, 16 Oct 2026

Artistic Denim Mills Limited (ADMM) technical analysis

ADMM closed at Rs 51.31 on 16 Oct 2026 (-1.08%). The daily picture is strongly bearish: the price is below 6 of its 6 simple moving averages, MACD is below its signal line and RSI at 43.0 is weak but not oversold. The weekly trend is bearish, and the monthly chart is strongly bearish. Nearest support is the daily S1 at 51.14, resistance the pivot at 51.98.

Daily

Strongly bearish

Weekly

Bearish

Monthly

Strongly bearish

Details for Daily Weekly Monthly

Oscillators

Bearish

0 bullish · 7 neutral · 3 bearish

Indicator Value Reading
RSI (14) 42.98 Neutral
Stochastic %K (14, 3, 3) 41.25 Neutral
Stochastic RSI (14, 3, 3) 0.00 Neutral
CCI (20) -57.97 Neutral
ADX (14) 11.87 Neutral
Williams %R (14) -61.48 Neutral
MACD (12, 26, 9) -1.19 Bearish
Momentum (10) -1.37 Bearish
Ultimate Oscillator (7, 14, 28) 46.42 Neutral
Bull Bear Power (13) -0.85 Bearish

Moving averages

Strongly bearish

0 bullish · 0 neutral · 12 bearish

Period Simple Exponential
MA 10 51.38 51.90
MA 20 53.38 52.82
MA 30 54.30 53.57
MA 50 54.65 54.94
MA 100 58.83 57.32
MA 200 59.99 58.01

Support & resistance

Daily pivots
  • R3 54.30
  • R2 53.56
  • R1 52.72
  • Pivot 51.98
  • S1 51.14
  • S2 50.40
  • S3 49.56
  • Close 51.31

Pivot points

Level Classic Fibonacci Camarilla
R3 54.30 53.56 52.30
R2 53.56 52.96 52.16
R1 52.72 52.59 52.01
Pivot 51.98 51.98 51.98
S1 51.14 51.38 51.73
S2 50.40 51.01 51.58
S3 49.56 50.40 51.44

Range & volatility

52-week range

43.35117.45

ATR (14)
3.136.1% of price
Bollinger Bands (20, 2)
48.19 – 58.58
From the 52-week high
-56.3%
Bars analysed
4,278

Oscillators

Bullish

4 bullish · 5 neutral · 1 bearish

Indicator Value Reading
RSI (14) 42.09 Neutral
Stochastic %K (14, 3, 3) 17.48 Neutral
Stochastic RSI (14, 3, 3) 17.53 Bullish
CCI (20) -104.34 Bullish
ADX (14) 25.54 Bullish
Williams %R (14) -76.78 Neutral
MACD (12, 26, 9) -2.55 Bearish
Momentum (10) -5.79 Bullish
Ultimate Oscillator (7, 14, 28) 38.58 Neutral
Bull Bear Power (13) -9.18 Neutral

Moving averages

Strongly bearish

0 bullish · 0 neutral · 12 bearish

Period Simple Exponential
MA 10 53.72 54.27
MA 20 58.11 56.75
MA 30 61.55 57.68
MA 50 58.48 57.50
MA 100 53.81 55.73
MA 200 52.37 56.23

Support & resistance

Weekly pivots
  • R3 56.43
  • R2 54.64
  • R1 52.88
  • Pivot 51.09
  • S1 49.33
  • S2 47.54
  • S3 45.78
  • Close 51.31

Pivot points

Level Classic Fibonacci Camarilla
R3 56.43 54.64 52.10
R2 54.64 53.28 51.77
R1 52.88 52.45 51.45
Pivot 51.09 51.09 51.09
S1 49.33 49.73 50.79
S2 47.54 48.90 50.47
S3 45.78 47.54 50.14

Range & volatility

52-week range

43.35117.45

ATR (14)
8.3916.4% of price
Bollinger Bands (20, 2)
46.17 – 70.05
From the 52-week high
-56.3%
Bars analysed
1,055

Oscillators

Bearish

1 bullish · 6 neutral · 3 bearish

Indicator Value Reading
RSI (14) 47.98 Neutral
Stochastic %K (14, 3, 3) 12.13 Neutral
Stochastic RSI (14, 3, 3) 0.00 Neutral
CCI (20) -35.35 Neutral
ADX (14) 31.82 Bullish
Williams %R (14) -89.26 Neutral
MACD (12, 26, 9) 1.56 Bearish
Momentum (10) -3.12 Bearish
Ultimate Oscillator (7, 14, 28) 39.57 Neutral
Bull Bear Power (13) -9.59 Bearish

Moving averages

Strongly bearish

0 bullish · 0 neutral · 12 bearish

Period Simple Exponential
MA 10 59.85 57.13
MA 20 55.60 55.94
MA 30 51.63 55.35
MA 50 52.65 56.29
MA 100 61.70 58.91
MA 200 58.85 54.51

Support & resistance

Monthly pivots
  • R3 78.55
  • R2 71.73
  • R1 62.75
  • Pivot 55.93
  • S1 46.95
  • S2 40.13
  • S3 31.15
  • Close 51.31

Pivot points

Level Classic Fibonacci Camarilla
R3 78.55 71.73 58.12
R2 71.73 65.69 56.68
R1 62.75 61.96 55.23
Pivot 55.93 55.93 55.93
S1 46.95 49.89 52.33
S2 40.13 46.16 50.88
S3 31.15 40.13 49.44

Range & volatility

52-week range

43.35117.45

ATR (14)
15.8230.8% of price
Bollinger Bands (20, 2)
32.84 – 78.36
From the 52-week high
-56.3%
Bars analysed
254

How these readings work

Computed after each close from ADMM's daily prices; weekly and monthly bars are built from them, and days without trading are left out. Each oscillator and moving average gives a bullish, neutral or bearish reading, and the summary weighs them: strongly bullish when clearly more readings are bullish, strongly bearish when clearly more are bearish. Pivot levels come from the previous completed bar. Readings describe the chart; they are not a recommendation. For information purposes only, not investment advice.

History before 20 Jul 2005 is left out: a price move on that day was too large to compare earlier prices (for example an unadjusted split or bonus issue).

ADMM overview and price history →