FTSM First Tri-Star Modaraba

First Tri-Star Modaraba (FTSM) technical analysis

FTSM closed at Rs 34.65 on 16 Oct 2026 (-10.00%). 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 41.2 is weak but not oversold. The weekly trend is neutral, while the monthly chart is still bullish. Nearest resistance is S3 at 36.21.

Daily

Bearish

3 bullish · 7 neutral · 12 bearish

Weekly

Neutral

9 bullish · 6 neutral · 7 bearish

Monthly

Bullish

10 bullish · 7 neutral · 1 bearish

Details for Daily Weekly Monthly

Oscillators

Neutral

1 bullish · 7 neutral · 2 bearish

Indicator	Value	Reading
RSI (14)	41.21	Neutral
Stochastic %K (14, 3, 3)	14.94	Neutral
Stochastic RSI (14, 3, 3)	0.00	Neutral
CCI (20)	-146.59	Neutral
ADX (14)	13.95	Neutral
Williams %R (14)	-100.00	Neutral
MACD (12, 26, 9)	-1.21	Bearish
Momentum (10)	-4.98	Bullish
Ultimate Oscillator (7, 14, 28)	49.24	Neutral
Bull Bear Power (13)	-6.69	Bearish

Moving averages

Strongly bearish

2 bullish · 0 neutral · 10 bearish

Period	Simple		Exponential
MA 10	39.55	Bearish	39.34	Bearish
MA 20	41.45	Bearish	40.53	Bearish
MA 30	40.70	Bearish	41.02	Bearish
MA 50	44.14	Bearish	40.73	Bearish
MA 100	37.29	Bearish	37.68	Bearish
MA 200	31.32	Bullish	32.21	Bullish

Support & resistance

Daily pivots

R3 40.98
R2 40.29
R1 39.39
Pivot 38.70
S1 37.80
S2 37.11
S3 36.21
Close 34.65

Pivot points

Level	Classic	Fibonacci	Camarilla
R3	40.98	40.29	38.94
R2	40.29	39.68	38.79
R1	39.39	39.30	38.65
Pivot	38.70	38.70	38.70
S1	37.80	38.09	38.35
S2	37.11	37.71	38.21
S3	36.21	37.11	38.06

Range & volatility

52-week range

11.5265.08

ATR (14): 4.2012.1% of price
Bollinger Bands (20, 2): 34.55 – 48.36
From the 52-week high: -46.8%
Bars analysed: 819

Oscillators

Neutral

2 bullish · 6 neutral · 2 bearish

Indicator	Value	Reading
RSI (14)	48.80	Neutral
Stochastic %K (14, 3, 3)	32.65	Neutral
Stochastic RSI (14, 3, 3)	0.00	Neutral
CCI (20)	0.89	Neutral
ADX (14)	36.48	Bullish
Williams %R (14)	-82.07	Neutral
MACD (12, 26, 9)	4.06	Bearish
Momentum (10)	-11.74	Bearish
Ultimate Oscillator (7, 14, 28)	49.42	Neutral
Bull Bear Power (13)	0.36	Bullish

Moving averages

Bullish

7 bullish · 0 neutral · 5 bearish

Period	Simple		Exponential
MA 10	43.72	Bearish	40.77	Bearish
MA 20	38.33	Bearish	38.10	Bearish
MA 30	33.33	Bullish	35.22	Bearish
MA 50	28.83	Bullish	30.82	Bullish
MA 100	21.29	Bullish	24.61	Bullish
MA 200	16.63	Bullish	18.78	Bullish

Support & resistance

Weekly pivots

R3 60.90
R2 53.80
R1 49.92
Pivot 42.82
S1 38.94
S2 31.84
S3 27.96
Close 34.65

Pivot points

Level	Classic	Fibonacci	Camarilla
R3	60.90	53.80	49.06
R2	53.80	49.61	48.05
R1	49.92	47.01	47.05
Pivot	42.82	42.82	42.82
S1	38.94	38.63	45.03
S2	31.84	36.03	44.03
S3	27.96	31.84	43.02

Range & volatility

52-week range

11.5265.08

ATR (14): 9.0926.3% of price
Bollinger Bands (20, 2): 22.35 – 54.31
From the 52-week high: -46.8%
Bars analysed: 245

Oscillators

Neutral

2 bullish · 7 neutral · 1 bearish

Indicator	Value	Reading
RSI (14)	55.97	Neutral
Stochastic %K (14, 3, 3)	60.92	Neutral
Stochastic RSI (14, 3, 3)	0.00	Neutral
CCI (20)	96.74	Neutral
ADX (14)	51.58	Bullish
Williams %R (14)	-56.81	Neutral
MACD (12, 26, 9)	7.29	Bullish
Momentum (10)	16.64	Bearish
Ultimate Oscillator (7, 14, 28)	51.39	Neutral
Bull Bear Power (13)	20.42	Neutral

Moving averages

Strongly bullish

8 bullish · 0 neutral · 0 bearish

Period	Simple		Exponential
MA 10	33.76	Bullish	33.92	Bullish
MA 20	23.67	Bullish	27.41	Bullish
MA 30	20.96	Bullish	23.70	Bullish
MA 50	16.39	Bullish	19.51	Bullish
MA 100	—		—
MA 200	—		—

Support & resistance

Monthly pivots

R3 69.61
R2 59.41
R1 54.16
Pivot 43.96
S1 38.71
S2 28.51
S3 23.26
Close 34.65

Pivot points

Level	Classic	Fibonacci	Camarilla
R3	69.61	59.41	53.17
R2	59.41	53.50	51.75
R1	54.16	49.86	50.34
Pivot	43.96	43.96	43.96
S1	38.71	38.05	47.50
S2	28.51	34.41	46.09
S3	23.26	28.51	44.67

Range & volatility

52-week range

11.5265.08

ATR (14): 12.9937.5% of price
Bollinger Bands (20, 2): -2.27 – 49.62
From the 52-week high: -46.8%
Bars analysed: 79

How these readings work

Computed after each close from FTSM'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 23 Oct 2017 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 FTSM → FTSM overview and price history →