Last close · 16 Oct 2026
Rs 18.59 +0.49%
Technical analysis · updated after the close, 16 Oct 2026
First Elite Capital Modaraba (FECM) technical analysis
FECM closed at Rs 18.59 on 16 Oct 2026 (+0.49%). The daily picture is bearish: the price is below 4 of its 6 simple moving averages, MACD is above its signal line and RSI at 43.2 is weak but not oversold. The weekly trend is bearish, while the monthly chart is still bullish. Nearest support is the daily S1 at 18.15, resistance the pivot at 18.75.
Daily
Bearish
Weekly
Bearish
Monthly
Bullish
Oscillators
Neutral
2 bullish · 6 neutral · 2 bearish
| Indicator | Value | Reading |
|---|---|---|
| RSI (14) | 45.23 | Neutral |
| Stochastic %K (14, 3, 3) | 14.54 | Neutral |
| Stochastic RSI (14, 3, 3) | 100.00 | Neutral |
| CCI (20) | -26.15 | Neutral |
| ADX (14) | 23.99 | Bullish |
| Williams %R (14) | -84.60 | Bullish |
| MACD (12, 26, 9) | 0.06 | Bearish |
| Momentum (10) | -1.58 | Bearish |
| Ultimate Oscillator (7, 14, 28) | 35.17 | Neutral |
| Bull Bear Power (13) | -1.65 | Neutral |
Moving averages
Strongly bearish
2 bullish · 0 neutral · 10 bearish
| Period | Simple | Exponential | ||
|---|---|---|---|---|
| MA 10 | 22.00 | Bearish | 20.19 | Bearish |
| MA 20 | 19.99 | Bearish | 20.17 | Bearish |
| MA 30 | 19.07 | Bearish | 20.23 | Bearish |
| MA 50 | 20.22 | Bearish | 20.36 | Bearish |
| MA 100 | 20.31 | Bearish | 18.75 | Bearish |
| MA 200 | 12.35 | Bullish | 14.68 | Bullish |
Support & resistance
Weekly pivots- R3 21.06
- R2 20.00
- R1 19.22
- Pivot 18.16
- S1 17.38
- S2 16.32
- S3 15.54
- Close 18.59
Pivot points
| Level | Classic | Fibonacci | Camarilla |
|---|---|---|---|
| R3 | 21.06 | 20.00 | 18.94 |
| R2 | 20.00 | 19.30 | 18.77 |
| R1 | 19.22 | 18.87 | 18.60 |
| Pivot | 18.16 | 18.16 | 18.16 |
| S1 | 17.38 | 17.46 | 18.26 |
| S2 | 16.32 | 17.03 | 18.09 |
| S3 | 15.54 | 16.32 | 17.92 |
Range & volatility
52-week range
11.7557.06
- ATR (14)
- 3.7320.1% of price
- Bollinger Bands (20, 2)
- 13.69 – 26.28
- From the 52-week high
- -67.4%
- Bars analysed
- 906
How these readings work
Computed after each close from FECM'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 24 Feb 2009 is left out: a price move on that day was too large to compare earlier prices (for example an unadjusted split or bonus issue).
Pattern signals for FECM → FECM overview and price history →