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Commercial Banks

BML Bank Makramah Limited

Latest results: FY2025 · Dec 2025 Q2 FY2026 · Apr – Jun 2026

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Last close · 16 Oct 2026

Rs 60.16 -2.10%

Technical analysis · updated after the close, 16 Oct 2026

Bank Makramah Limited (BML) technical analysis

BML closed at Rs 60.16 on 16 Oct 2026 (-2.10%). The daily picture is bullish: the price is above 5 of its 6 simple moving averages, MACD is above its signal line and RSI at 58.5 is firm but not overbought. The weekly trend is neutral, while the monthly chart is still bearish. Nearest support is the daily S1 at 58.45, resistance the pivot at 61.50.

Daily

Bullish

Weekly

Neutral

Monthly

Bearish

Details for Daily Weekly Monthly

Oscillators

Neutral

1 bullish · 7 neutral · 2 bearish

Indicator Value Reading
RSI (14) 58.48 Neutral
Stochastic %K (14, 3, 3) 73.39 Neutral
Stochastic RSI (14, 3, 3) 31.31 Neutral
CCI (20) 171.82 Bearish
ADX (14) 17.87 Neutral
Williams %R (14) -35.66 Neutral
MACD (12, 26, 9) 1.36 Bullish
Momentum (10) 4.63 Bearish
Ultimate Oscillator (7, 14, 28) 49.33 Neutral
Bull Bear Power (13) 7.41 Neutral

Moving averages

Strongly bullish

10 bullish · 0 neutral · 2 bearish

Period Simple Exponential
MA 10 57.27 57.63
MA 20 56.23 56.29
MA 30 53.80 55.78
MA 50 55.35 55.78
MA 100 56.67 58.14
MA 200 65.42 65.38

Support & resistance

Daily pivots
  • R3 70.57
  • R2 67.56
  • R1 64.51
  • Pivot 61.50
  • S1 58.45
  • S2 55.44
  • S3 52.39
  • Close 60.16

Pivot points

Level Classic Fibonacci Camarilla
R3 70.57 67.56 63.12
R2 67.56 65.25 62.56
R1 64.51 63.82 62.01
Pivot 61.50 61.50 61.50
S1 58.45 59.19 60.89
S2 55.44 57.76 60.34
S3 52.39 55.44 59.78

Range & volatility

52-week range

42.71151.95

ATR (14)
3.646.0% of price
Bollinger Bands (20, 2)
51.64 – 60.82
From the 52-week high
-60.4%
Bars analysed
4,586

Oscillators

Neutral

2 bullish · 6 neutral · 2 bearish

Indicator Value Reading
RSI (14) 49.93 Neutral
Stochastic %K (14, 3, 3) 61.25 Neutral
Stochastic RSI (14, 3, 3) 100.00 Bearish
CCI (20) 54.81 Neutral
ADX (14) 14.41 Neutral
Williams %R (14) -21.71 Neutral
MACD (12, 26, 9) -3.68 Bullish
Momentum (10) 0.15 Bearish
Ultimate Oscillator (7, 14, 28) 51.03 Neutral
Bull Bear Power (13) 4.61 Bullish

Moving averages

Neutral

6 bullish · 0 neutral · 6 bearish

Period Simple Exponential
MA 10 55.04 56.06
MA 20 56.84 57.82
MA 30 57.05 61.31
MA 50 72.30 66.97
MA 100 78.22 69.03
MA 200 58.13 62.67

Support & resistance

Weekly pivots
  • R3 69.96
  • R2 65.36
  • R1 61.43
  • Pivot 56.83
  • S1 52.90
  • S2 48.30
  • S3 44.37
  • Close 60.16

Pivot points

Level Classic Fibonacci Camarilla
R3 69.96 65.36 59.86
R2 65.36 62.10 59.07
R1 61.43 60.09 58.29
Pivot 56.83 56.83 56.83
S1 52.90 53.57 56.73
S2 48.30 51.56 55.95
S3 44.37 48.30 55.16

Range & volatility

52-week range

42.71151.95

ATR (14)
7.6212.7% of price
Bollinger Bands (20, 2)
49.84 – 63.84
From the 52-week high
-60.4%
Bars analysed
967

Oscillators

Neutral

3 bullish · 5 neutral · 2 bearish

Indicator Value Reading
RSI (14) 45.93 Neutral
Stochastic %K (14, 3, 3) 10.74 Bullish
Stochastic RSI (14, 3, 3) 100.00 Neutral
CCI (20) -63.46 Neutral
ADX (14) 20.31 Bearish
Williams %R (14) -85.37 Bullish
MACD (12, 26, 9) -1.42 Bearish
Momentum (10) -50.38 Bullish
Ultimate Oscillator (7, 14, 28) 42.09 Neutral
Bull Bear Power (13) -17.30 Neutral

Moving averages

Bearish

4 bullish · 0 neutral · 8 bearish

Period Simple Exponential
MA 10 61.90 64.72
MA 20 80.79 68.65
MA 30 69.79 66.85
MA 50 56.31 61.57
MA 100 43.82 57.64
MA 200 52.82 68.97

Support & resistance

Monthly pivots
  • R3 81.27
  • R2 70.63
  • R1 63.98
  • Pivot 53.34
  • S1 46.69
  • S2 36.05
  • S3 29.40
  • Close 60.16

Pivot points

Level Classic Fibonacci Camarilla
R3 81.27 70.63 62.07
R2 70.63 64.03 60.49
R1 63.98 59.95 58.90
Pivot 53.34 53.34 53.34
S1 46.69 46.74 55.74
S2 36.05 42.66 54.15
S3 29.40 36.05 52.57

Range & volatility

52-week range

42.71151.95

ATR (14)
18.0630.0% of price
Bollinger Bands (20, 2)
28.06 – 133.52
From the 52-week high
-60.4%
Bars analysed
224

How these readings work

Computed after each close from BML'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.

Pattern signals for BML → BML overview and price history →