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Textile Composite

CHBL Chenab Limited

Latest results: FY2025 · Jun 2025 Q3 FY2026 · Jan – Mar 2026

Last close · 16 Oct 2026

Rs 9.08 -3.92%

Technical analysis · updated after the close, 16 Oct 2026

Chenab Limited (CHBL) technical analysis

CHBL closed at Rs 9.08 on 16 Oct 2026 (-3.92%). The daily picture is bearish: the price is below 5 of its 6 simple moving averages, MACD is below its signal line and RSI at 45.7 is neutral. The weekly trend is bearish, and the monthly chart is bearish. Nearest support is the daily S1 at 8.97, resistance the pivot at 9.32.

Daily

Bearish

Weekly

Bearish

Monthly

Bearish

Details for Daily Weekly Monthly

Oscillators

Neutral

1 bullish · 7 neutral · 2 bearish

Indicator Value Reading
RSI (14) 45.68 Neutral
Stochastic %K (14, 3, 3) 31.37 Neutral
Stochastic RSI (14, 3, 3) 54.29 Neutral
CCI (20) -50.51 Neutral
ADX (14) 12.05 Neutral
Williams %R (14) -69.49 Neutral
MACD (12, 26, 9) -0.23 Bearish
Momentum (10) -0.67 Bearish
Ultimate Oscillator (7, 14, 28) 39.29 Neutral
Bull Bear Power (13) 0.09 Bullish

Moving averages

Strongly bearish

1 bullish · 0 neutral · 11 bearish

Period Simple Exponential
MA 10 9.01 9.14
MA 20 9.56 9.34
MA 30 9.64 9.45
MA 50 9.59 9.55
MA 100 9.72 9.69
MA 200 9.79 10.19

Support & resistance

Daily pivots
  • R3 10.61
  • R2 10.14
  • R1 9.79
  • Pivot 9.32
  • S1 8.97
  • S2 8.50
  • S3 8.15
  • Close 9.08

Pivot points

Level Classic Fibonacci Camarilla
R3 10.61 10.14 9.68
R2 10.14 9.82 9.60
R1 9.79 9.63 9.53
Pivot 9.32 9.32 9.32
S1 8.97 9.00 9.37
S2 8.50 8.81 9.30
S3 8.15 8.50 9.22

Range & volatility

52-week range

6.6520.25

ATR (14)
0.667.2% of price
Bollinger Bands (20, 2)
8.35 – 10.77
From the 52-week high
-55.2%
Bars analysed
2,797

Oscillators

Neutral

1 bullish · 7 neutral · 2 bearish

Indicator Value Reading
RSI (14) 44.96 Neutral
Stochastic %K (14, 3, 3) 20.98 Neutral
Stochastic RSI (14, 3, 3) 34.34 Neutral
CCI (20) -131.87 Neutral
ADX (14) 17.78 Neutral
Williams %R (14) -74.46 Neutral
MACD (12, 26, 9) -0.23 Bullish
Momentum (10) -1.07 Bearish
Ultimate Oscillator (7, 14, 28) 47.43 Neutral
Bull Bear Power (13) -1.33 Bearish

Moving averages

Strongly bearish

2 bullish · 0 neutral · 10 bearish

Period Simple Exponential
MA 10 9.65 9.60
MA 20 9.83 9.73
MA 30 9.40 9.95
MA 50 10.15 10.31
MA 100 10.96 10.05
MA 200 8.17 8.69

Support & resistance

Weekly pivots
  • R3 10.76
  • R2 10.33
  • R1 9.57
  • Pivot 9.14
  • S1 8.38
  • S2 7.95
  • S3 7.19
  • Close 9.08

Pivot points

Level Classic Fibonacci Camarilla
R3 10.76 10.33 9.15
R2 10.33 9.87 9.04
R1 9.57 9.59 8.93
Pivot 9.14 9.14 9.14
S1 8.38 8.68 8.71
S2 7.95 8.40 8.60
S3 7.19 7.95 8.49

Range & volatility

52-week range

6.6520.25

ATR (14)
1.4115.6% of price
Bollinger Bands (20, 2)
8.59 – 11.07
From the 52-week high
-55.2%
Bars analysed
594

Oscillators

Bearish

1 bullish · 6 neutral · 3 bearish

Indicator Value Reading
RSI (14) 48.31 Neutral
Stochastic %K (14, 3, 3) 14.20 Neutral
Stochastic RSI (14, 3, 3) 0.14 Neutral
CCI (20) -40.43 Neutral
ADX (14) 22.10 Bullish
Williams %R (14) -87.81 Neutral
MACD (12, 26, 9) 0.29 Bearish
Momentum (10) -2.35 Bearish
Ultimate Oscillator (7, 14, 28) 38.36 Neutral
Bull Bear Power (13) -1.42 Bearish

Moving averages

Bearish

4 bullish · 0 neutral · 6 bearish

Period Simple Exponential
MA 10 9.73 10.04
MA 20 11.49 10.15
MA 30 9.77 9.65
MA 50 7.95 8.56
MA 100 5.88 6.67
MA 200 — —

Support & resistance

Monthly pivots
  • R3 14.33
  • R2 12.91
  • R1 11.63
  • Pivot 10.21
  • S1 8.93
  • S2 7.51
  • S3 6.23
  • Close 9.08

Pivot points

Level Classic Fibonacci Camarilla
R3 14.33 12.91 11.08
R2 12.91 11.88 10.83
R1 11.63 11.24 10.59
Pivot 10.21 10.21 10.21
S1 8.93 9.18 10.09
S2 7.51 8.54 9.85
S3 6.23 7.51 9.60

Range & volatility

52-week range

6.6520.25

ATR (14)
3.4537.9% of price
Bollinger Bands (20, 2)
1.20 – 21.79
From the 52-week high
-55.2%
Bars analysed
138

How these readings work

Computed after each close from CHBL'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 17 Dec 2008 is left out: a price move on that day was too large to compare earlier prices (for example an unadjusted split or bonus issue).

CHBL overview and price history →