Last close · 16 Oct 2026
Rs 19.98 -0.10%
Technical analysis · updated after the close, 16 Oct 2026
Gul Ahmed Textile Mills Limited (GATM) technical analysis
GATM closed at Rs 19.98 on 16 Oct 2026 (-0.10%). The daily picture is bearish: the price is below 6 of its 6 simple moving averages, MACD is above its signal line and RSI at 30.0 is oversold. The weekly trend is strongly bearish, and the monthly chart is bearish. Nearest support is the daily S1 at 19.77, resistance the pivot at 20.03.
Daily
Bearish
Weekly
Strongly bearish
Monthly
Bearish
Oscillators
Bullish
4 bullish · 4 neutral · 2 bearish
| Indicator | Value | Reading |
|---|---|---|
| RSI (14) | 29.96 | Neutral |
| Stochastic %K (14, 3, 3) | 11.55 | Bullish |
| Stochastic RSI (14, 3, 3) | 81.80 | Bearish |
| CCI (20) | -55.29 | Neutral |
| ADX (14) | 35.44 | Bearish |
| Williams %R (14) | -81.97 | Bullish |
| MACD (12, 26, 9) | -0.84 | Bullish |
| Momentum (10) | -0.17 | Bullish |
| Ultimate Oscillator (7, 14, 28) | 33.35 | Neutral |
| Bull Bear Power (13) | -0.40 | Neutral |
Moving averages
Strongly bearish
0 bullish · 0 neutral · 12 bearish
| Period | Simple | Exponential | ||
|---|---|---|---|---|
| MA 10 | 20.04 | Bearish | 20.16 | Bearish |
| MA 20 | 20.78 | Bearish | 20.72 | Bearish |
| MA 30 | 21.28 | Bearish | 21.34 | Bearish |
| MA 50 | 22.86 | Bearish | 22.35 | Bearish |
| MA 100 | 24.81 | Bearish | 23.61 | Bearish |
| MA 200 | 24.69 | Bearish | 24.81 | Bearish |
Support & resistance
Daily pivots- R3 20.77
- R2 20.53
- R1 20.27
- Pivot 20.03
- S1 19.77
- S2 19.53
- S3 19.27
- Close 19.98
Pivot points
| Level | Classic | Fibonacci | Camarilla |
|---|---|---|---|
| R3 | 20.77 | 20.53 | 20.14 |
| R2 | 20.53 | 20.34 | 20.09 |
| R1 | 20.27 | 20.22 | 20.05 |
| Pivot | 20.03 | 20.03 | 20.03 |
| S1 | 19.77 | 19.84 | 19.95 |
| S2 | 19.53 | 19.72 | 19.91 |
| S3 | 19.27 | 19.53 | 19.86 |
Range & volatility
52-week range
16.5036.60
- ATR (14)
- 0.633.2% of price
- Bollinger Bands (20, 2)
- 18.59 – 22.98
- From the 52-week high
- -45.4%
- Bars analysed
- 4,458
How these readings work
Computed after each close from GATM'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 12 Apr 2004 is left out: a price move on that day was too large to compare earlier prices (for example an unadjusted split or bonus issue).