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Modarabas

FHAM First Habib Modaraba

Latest results: FY2026 · Jun 2026

Last close · 16 Oct 2026

Rs 27.68 +0.47%

Technical analysis · updated after the close, 16 Oct 2026

First Habib Modaraba (FHAM) technical analysis

FHAM closed at Rs 27.68 on 16 Oct 2026 (+0.47%). 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 30.3 is weak but not oversold. The weekly trend is bearish, while the monthly chart is still neutral. Nearest support is the daily S1 at 27.12, resistance R1 at 28.11.

Daily

Bearish

Weekly

Bearish

Monthly

Neutral

Details for Daily Weekly Monthly

Oscillators

Neutral

1 bullish · 7 neutral · 2 bearish

Indicator Value Reading
RSI (14) 30.26 Neutral
Stochastic %K (14, 3, 3) 21.80 Neutral
Stochastic RSI (14, 3, 3) 100.00 Neutral
CCI (20) -56.10 Neutral
ADX (14) 54.24 Bearish
Williams %R (14) -77.57 Neutral
MACD (12, 26, 9) -1.09 Bearish
Momentum (10) 0.20 Bullish
Ultimate Oscillator (7, 14, 28) 43.28 Neutral
Bull Bear Power (13) -0.82 Neutral

Moving averages

Strongly bearish

1 bullish · 0 neutral · 11 bearish

Period Simple Exponential
MA 10 27.54 27.90
MA 20 28.96 28.72
MA 30 29.74 29.40
MA 50 30.95 30.29
MA 100 32.06 31.18
MA 200 31.86 31.24

Support & resistance

Daily pivots
  • R3 29.10
  • R2 28.67
  • R1 28.11
  • Pivot 27.68
  • S1 27.12
  • S2 26.69
  • S3 26.13
  • Close 27.68

Pivot points

Level Classic Fibonacci Camarilla
R3 29.10 28.67 27.82
R2 28.67 28.29 27.73
R1 28.11 28.06 27.64
Pivot 27.68 27.68 27.68
S1 27.12 27.30 27.46
S2 26.69 27.07 27.37
S3 26.13 26.69 27.28

Range & volatility

52-week range

26.5037.40

ATR (14)
0.933.3% of price
Bollinger Bands (20, 2)
25.68 – 32.24
From the 52-week high
-26.0%
Bars analysed
6,349

Oscillators

Neutral

2 bullish · 6 neutral · 2 bearish

Indicator Value Reading
RSI (14) 30.28 Neutral
Stochastic %K (14, 3, 3) 14.21 Neutral
Stochastic RSI (14, 3, 3) 88.15 Neutral
CCI (20) -183.92 Bullish
ADX (14) 24.26 Bearish
Williams %R (14) -85.25 Neutral
MACD (12, 26, 9) -0.90 Bearish
Momentum (10) -5.26 Bullish
Ultimate Oscillator (7, 14, 28) 47.44 Neutral
Bull Bear Power (13) -5.64 Neutral

Moving averages

Strongly bearish

2 bullish · 0 neutral · 10 bearish

Period Simple Exponential
MA 10 30.68 30.03
MA 20 32.04 31.03
MA 30 31.51 31.30
MA 50 32.28 30.92
MA 100 28.27 28.38
MA 200 21.75 24.78

Support & resistance

Weekly pivots
  • R3 28.83
  • R2 28.42
  • R1 28.08
  • Pivot 27.67
  • S1 27.33
  • S2 26.92
  • S3 26.58
  • Close 27.68

Pivot points

Level Classic Fibonacci Camarilla
R3 28.83 28.42 27.96
R2 28.42 28.13 27.89
R1 28.08 27.95 27.82
Pivot 27.67 27.67 27.67
S1 27.33 27.38 27.68
S2 26.92 27.20 27.61
S3 26.58 26.92 27.54

Range & volatility

52-week range

26.5037.40

ATR (14)
2.298.3% of price
Bollinger Bands (20, 2)
27.92 – 36.16
From the 52-week high
-26.0%
Bars analysed
1,463

Oscillators

Bearish

0 bullish · 6 neutral · 4 bearish

Indicator Value Reading
RSI (14) 50.21 Neutral
Stochastic %K (14, 3, 3) 33.01 Neutral
Stochastic RSI (14, 3, 3) 0.00 Neutral
CCI (20) -33.12 Neutral
ADX (14) 36.42 Bearish
Williams %R (14) -90.92 Neutral
MACD (12, 26, 9) 2.77 Bearish
Momentum (10) -6.47 Bearish
Ultimate Oscillator (7, 14, 28) 51.19 Neutral
Bull Bear Power (13) -4.87 Bearish

Moving averages

Bullish

8 bullish · 0 neutral · 4 bearish

Period Simple Exponential
MA 10 31.46 30.77
MA 20 29.90 29.02
MA 30 25.80 27.06
MA 50 21.52 24.51
MA 100 20.60 21.86
MA 200 19.37 19.08

Support & resistance

Monthly pivots
  • R3 37.09
  • R2 35.04
  • R1 32.49
  • Pivot 30.44
  • S1 27.89
  • S2 25.84
  • S3 23.29
  • Close 27.68

Pivot points

Level Classic Fibonacci Camarilla
R3 37.09 35.04 31.20
R2 35.04 33.29 30.77
R1 32.49 32.20 30.35
Pivot 30.44 30.44 30.44
S1 27.89 28.69 29.51
S2 25.84 27.60 29.09
S3 23.29 25.84 28.66

Range & volatility

52-week range

26.5037.40

ATR (14)
3.7213.4% of price
Bollinger Bands (20, 2)
20.56 – 39.23
From the 52-week high
-26.0%
Bars analysed
342

How these readings work

Computed after each close from FHAM'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 22 Apr 1998 is left out: a price move on that day was too large to compare earlier prices (for example an unadjusted split or bonus issue).

FHAM overview and price history →