Last close · 16 Oct 2026
Rs 23.91 -0.21%
Technical analysis · updated after the close, 16 Oct 2026
Image Pakistan Limited (IMAGE) technical analysis
IMAGE closed at Rs 23.91 on 16 Oct 2026 (-0.21%). The daily picture is bearish: the price is below 5 of its 6 simple moving averages, MACD is above its signal line and RSI at 42.5 is weak but not oversold. The weekly trend is bearish, while the monthly chart is still neutral. Nearest support is the daily S1 at 23.51, resistance the pivot at 23.95.
Daily
Bearish
Weekly
Bearish
Monthly
Neutral
Oscillators
Bullish
3 bullish · 6 neutral · 1 bearish
| Indicator | Value | Reading |
|---|---|---|
| RSI (14) | 42.51 | Neutral |
| Stochastic %K (14, 3, 3) | 40.57 | Neutral |
| Stochastic RSI (14, 3, 3) | 43.52 | Neutral |
| CCI (20) | -27.21 | Neutral |
| ADX (14) | 30.94 | Bearish |
| Williams %R (14) | -59.71 | Neutral |
| MACD (12, 26, 9) | -0.57 | Bullish |
| Momentum (10) | -1.16 | Bullish |
| Ultimate Oscillator (7, 14, 28) | 48.88 | Neutral |
| Bull Bear Power (13) | 0.46 | Bullish |
Moving averages
Strongly bearish
2 bullish · 0 neutral · 10 bearish
| Period | Simple | Exponential | ||
|---|---|---|---|---|
| MA 10 | 23.33 | Bullish | 23.77 | Bullish |
| MA 20 | 24.45 | Bearish | 24.19 | Bearish |
| MA 30 | 24.63 | Bearish | 24.55 | Bearish |
| MA 50 | 25.46 | Bearish | 24.97 | Bearish |
| MA 100 | 25.71 | Bearish | 25.15 | Bearish |
| MA 200 | 24.67 | Bearish | 24.95 | Bearish |
Support & resistance
Daily pivots- R3 25.29
- R2 24.84
- R1 24.40
- Pivot 23.95
- S1 23.51
- S2 23.06
- S3 22.62
- Close 23.91
Pivot points
| Level | Classic | Fibonacci | Camarilla |
|---|---|---|---|
| R3 | 25.29 | 24.84 | 24.20 |
| R2 | 24.84 | 24.50 | 24.12 |
| R1 | 24.40 | 24.29 | 24.04 |
| Pivot | 23.95 | 23.95 | 23.95 |
| S1 | 23.51 | 23.61 | 23.88 |
| S2 | 23.06 | 23.40 | 23.80 |
| S3 | 22.62 | 23.06 | 23.72 |
Range & volatility
52-week range
19.0028.45
- ATR (14)
- 0.723.0% of price
- Bollinger Bands (20, 2)
- 22.08 – 26.81
- From the 52-week high
- -16.0%
- Bars analysed
- 3,426
How these readings work
Computed after each close from IMAGE'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 21 May 2012 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 IMAGE → IMAGE overview and price history →