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Modarabas

GEMBCEM Burj Clean Energy Modaraba(GEM)

Technical analysis · updated after the close, 16 Oct 2026

Burj Clean Energy Modaraba(GEM) (GEMBCEM) technical analysis

GEMBCEM closed at Rs 11.80 on 16 Oct 2026 (+2.70%). The daily picture is strongly bullish: the price is above 5 of its 6 simple moving averages, MACD is above its signal line and RSI at 52.5 is neutral. The weekly trend is strongly bullish. Nearest support is the daily R3 at 11.49.

Daily

Strongly bullish

Weekly

Strongly bullish

Monthly

Not enough history

Details for Daily Weekly

Oscillators

Bullish

3 bullish · 7 neutral · 0 bearish

Indicator Value Reading
RSI (14) 52.52 Neutral
Stochastic %K (14, 3, 3) 32.85 Neutral
Stochastic RSI (14, 3, 3) 100.00 Neutral
CCI (20) 67.50 Neutral
ADX (14) 15.45 Neutral
Williams %R (14) -52.17 Neutral
MACD (12, 26, 9) -0.06 Bullish
Momentum (10) 0.49 Bullish
Ultimate Oscillator (7, 14, 28) 41.96 Neutral
Bull Bear Power (13) 0.58 Bullish

Moving averages

Strongly bullish

11 bullish · 0 neutral · 1 bearish

Period Simple Exponential
MA 10 11.46 11.50
MA 20 11.45 11.55
MA 30 11.88 11.57
MA 50 11.60 11.51
MA 100 11.26 11.28
MA 200 10.66 10.59

Support & resistance

Daily pivots
  • R3 11.49
  • R2 11.49
  • R1 11.49
  • Pivot 11.49
  • S1 11.49
  • S2 11.49
  • S3 11.49
  • Close 11.80

Pivot points

Level Classic Fibonacci Camarilla
R3 11.49 11.49 11.49
R2 11.49 11.49 11.49
R1 11.49 11.49 11.49
Pivot 11.49 11.49 11.49
S1 11.49 11.49 11.49
S2 11.49 11.49 11.49
S3 11.49 11.49 11.49

Range & volatility

52-week range

9.6414.50

ATR (14)
0.554.7% of price
Bollinger Bands (20, 2)
10.66 – 12.25
From the 52-week high
-18.6%
Bars analysed
245

Oscillators

Bullish

4 bullish · 5 neutral · 1 bearish

Indicator Value Reading
RSI (14) 54.63 Neutral
Stochastic %K (14, 3, 3) 12.38 Bullish
Stochastic RSI (14, 3, 3) 100.00 Neutral
CCI (20) 21.10 Neutral
ADX (14) 35.43 Bullish
Williams %R (14) -77.14 Neutral
MACD (12, 26, 9) 0.09 Bearish
Momentum (10) 0.55 Bullish
Ultimate Oscillator (7, 14, 28) 35.03 Neutral
Bull Bear Power (13) 0.17 Bullish

Moving averages

Strongly bullish

8 bullish · 0 neutral · 0 bearish

Period Simple Exponential
MA 10 11.36 11.45
MA 20 11.47 11.40
MA 30 11.29 11.32
MA 50 11.29 11.00
MA 100 — —
MA 200 — —

Support & resistance

Weekly pivots
  • R3 11.25
  • R2 11.25
  • R1 11.25
  • Pivot 11.25
  • S1 11.25
  • S2 11.25
  • S3 11.25
  • Close 11.80

Pivot points

Level Classic Fibonacci Camarilla
R3 11.25 11.25 11.25
R2 11.25 11.25 11.25
R1 11.25 11.25 11.25
Pivot 11.25 11.25 11.25
S1 11.25 11.25 11.25
S2 11.25 11.25 11.25
S3 11.25 11.25 11.25

Range & volatility

52-week range

9.6414.50

ATR (14)
0.665.6% of price
Bollinger Bands (20, 2)
10.07 – 12.87
From the 52-week high
-18.6%
Bars analysed
91

How these readings work

Computed after each close from GEMBCEM'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.

GEMBCEM overview and price history →