Last close · 16 Oct 2026
Rs 8.14 -2.75%
Technical analysis · updated after the close, 16 Oct 2026
Gulistan Spinning Mills Limited (GUSM) technical analysis
GUSM closed at Rs 8.14 on 16 Oct 2026 (-2.75%). The daily picture is strongly bearish: the price is below 6 of its 6 simple moving averages, MACD is below its signal line and RSI at 37.8 is weak but not oversold. The weekly trend is strongly bearish, and the monthly chart is bearish. Nearest support is the daily S1 at 8.08, resistance the pivot at 8.53.
Daily
Strongly bearish
Weekly
Strongly bearish
Monthly
Bearish
Oscillators
Neutral
1 bullish · 7 neutral · 2 bearish
| Indicator | Value | Reading |
|---|---|---|
| RSI (14) | 37.80 | Neutral |
| Stochastic %K (14, 3, 3) | 24.84 | Neutral |
| Stochastic RSI (14, 3, 3) | 0.00 | Neutral |
| CCI (20) | -94.33 | Neutral |
| ADX (14) | 15.97 | Neutral |
| Williams %R (14) | -87.85 | Neutral |
| MACD (12, 26, 9) | -0.22 | Bearish |
| Momentum (10) | 0.01 | Bullish |
| Ultimate Oscillator (7, 14, 28) | 27.65 | Bearish |
| Bull Bear Power (13) | 0.04 | Neutral |
Moving averages
Strongly bearish
0 bullish · 0 neutral · 12 bearish
| Period | Simple | Exponential | ||
|---|---|---|---|---|
| MA 10 | 8.40 | Bearish | 8.41 | Bearish |
| MA 20 | 8.55 | Bearish | 8.57 | Bearish |
| MA 30 | 8.77 | Bearish | 8.71 | Bearish |
| MA 50 | 9.06 | Bearish | 8.86 | Bearish |
| MA 100 | 9.10 | Bearish | 8.80 | Bearish |
| MA 200 | 8.24 | Bearish | 8.66 | Bearish |
Support & resistance
Daily pivots- R3 9.54
- R2 9.26
- R1 8.81
- Pivot 8.53
- S1 8.08
- S2 7.80
- S3 7.35
- Close 8.14
Pivot points
| Level | Classic | Fibonacci | Camarilla |
|---|---|---|---|
| R3 | 9.54 | 9.26 | 8.57 |
| R2 | 9.26 | 8.98 | 8.50 |
| R1 | 8.81 | 8.81 | 8.44 |
| Pivot | 8.53 | 8.53 | 8.53 |
| S1 | 8.08 | 8.25 | 8.30 |
| S2 | 7.80 | 8.08 | 8.24 |
| S3 | 7.35 | 7.80 | 8.17 |
Range & volatility
52-week range
5.1513.45
- ATR (14)
- 0.617.5% of price
- Bollinger Bands (20, 2)
- 8.03 – 9.08
- From the 52-week high
- -39.5%
- Bars analysed
- 562
How these readings work
Computed after each close from GUSM'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 30 May 2024 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 GUSM → GUSM overview and price history →