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Textile Spinning

CTM Colony Textile Mills Limited

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

Last close · 16 Oct 2026

Rs 6.54 -0.30%

Technical analysis · updated after the close, 16 Oct 2026

Colony Textile Mills Limited (CTM) technical analysis

CTM closed at Rs 6.54 on 16 Oct 2026 (-0.30%). 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 49.6 is neutral. The weekly trend is bearish, while the monthly chart is still bullish. Nearest support is the daily S1 at 6.38, resistance the pivot at 6.60.

Daily

Bearish

Weekly

Bearish

Monthly

Bullish

Details for Daily Weekly Monthly

Oscillators

Neutral

1 bullish · 7 neutral · 2 bearish

Indicator Value Reading
RSI (14) 49.63 Neutral
Stochastic %K (14, 3, 3) 23.21 Neutral
Stochastic RSI (14, 3, 3) 85.73 Neutral
CCI (20) 4.51 Neutral
ADX (14) 20.32 Bullish
Williams %R (14) -75.00 Neutral
MACD (12, 26, 9) -0.01 Bearish
Momentum (10) -0.31 Bearish
Ultimate Oscillator (7, 14, 28) 33.19 Neutral
Bull Bear Power (13) 0.14 Neutral

Moving averages

Strongly bearish

2 bullish · 0 neutral · 10 bearish

Period Simple Exponential
MA 10 6.55 6.54
MA 20 6.56 6.54
MA 30 6.50 6.56
MA 50 6.58 6.62
MA 100 6.94 6.73
MA 200 6.86 6.66

Support & resistance

Daily pivots
  • R3 7.16
  • R2 6.99
  • R1 6.77
  • Pivot 6.60
  • S1 6.38
  • S2 6.21
  • S3 5.99
  • Close 6.54

Pivot points

Level Classic Fibonacci Camarilla
R3 7.16 6.99 6.67
R2 6.99 6.84 6.63
R1 6.77 6.75 6.60
Pivot 6.60 6.60 6.60
S1 6.38 6.45 6.52
S2 6.21 6.36 6.49
S3 5.99 6.21 6.45

Range & volatility

52-week range

4.219.77

ATR (14)
0.365.5% of price
Bollinger Bands (20, 2)
6.11 – 7.01
From the 52-week high
-33.1%
Bars analysed
2,981

Oscillators

Neutral

2 bullish · 6 neutral · 2 bearish

Indicator Value Reading
RSI (14) 47.01 Neutral
Stochastic %K (14, 3, 3) 40.07 Neutral
Stochastic RSI (14, 3, 3) 0.00 Neutral
CCI (20) -64.93 Neutral
ADX (14) 22.56 Bullish
Williams %R (14) -64.86 Neutral
MACD (12, 26, 9) -0.10 Bearish
Momentum (10) -0.22 Bullish
Ultimate Oscillator (7, 14, 28) 39.96 Neutral
Bull Bear Power (13) -0.15 Bearish

Moving averages

Bearish

4 bullish · 0 neutral · 8 bearish

Period Simple Exponential
MA 10 6.56 6.62
MA 20 6.92 6.73
MA 30 6.91 6.74
MA 50 6.80 6.59
MA 100 5.90 6.00
MA 200 4.45 5.22

Support & resistance

Weekly pivots
  • R3 7.50
  • R2 7.22
  • R1 6.90
  • Pivot 6.62
  • S1 6.30
  • S2 6.02
  • S3 5.70
  • Close 6.54

Pivot points

Level Classic Fibonacci Camarilla
R3 7.50 7.22 6.74
R2 7.22 6.99 6.68
R1 6.90 6.85 6.62
Pivot 6.62 6.62 6.62
S1 6.30 6.39 6.52
S2 6.02 6.25 6.46
S3 5.70 6.02 6.41

Range & volatility

52-week range

4.219.77

ATR (14)
0.8312.6% of price
Bollinger Bands (20, 2)
5.94 – 7.90
From the 52-week high
-33.1%
Bars analysed
638

Oscillators

Neutral

2 bullish · 6 neutral · 2 bearish

Indicator Value Reading
RSI (14) 54.35 Neutral
Stochastic %K (14, 3, 3) 47.42 Neutral
Stochastic RSI (14, 3, 3) 0.00 Neutral
CCI (20) 39.88 Neutral
ADX (14) 43.75 Bullish
Williams %R (14) -58.09 Neutral
MACD (12, 26, 9) 0.72 Bearish
Momentum (10) 0.50 Bearish
Ultimate Oscillator (7, 14, 28) 45.31 Neutral
Bull Bear Power (13) 0.70 Bullish

Moving averages

Strongly bullish

8 bullish · 0 neutral · 2 bearish

Period Simple Exponential
MA 10 6.83 6.72
MA 20 6.20 6.20
MA 30 5.54 5.74
MA 50 4.37 5.16
MA 100 4.23 4.59
MA 200 — —

Support & resistance

Monthly pivots
  • R3 8.86
  • R2 8.06
  • R1 7.66
  • Pivot 6.86
  • S1 6.46
  • S2 5.66
  • S3 5.26
  • Close 6.54

Pivot points

Level Classic Fibonacci Camarilla
R3 8.86 8.06 7.59
R2 8.06 7.60 7.48
R1 7.66 7.32 7.37
Pivot 6.86 6.86 6.86
S1 6.46 6.40 7.15
S2 5.66 6.12 7.04
S3 5.26 5.66 6.93

Range & volatility

52-week range

4.219.77

ATR (14)
1.7226.3% of price
Bollinger Bands (20, 2)
3.97 – 8.43
From the 52-week high
-33.1%
Bars analysed
148

How these readings work

Computed after each close from CTM'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 CTM → CTM overview and price history →