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MIIETF Mahaana Islamic Index ETF

Technical analysis · updated after the close, 16 Oct 2026

Mahaana Islamic Index ETF (MIIETF) technical analysis

MIIETF closed at Rs 15.90 on 16 Oct 2026 (+0.13%). 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 45.2 is neutral. The weekly trend is bearish, while the monthly chart is still neutral. Nearest support is the daily pivot at 15.86, resistance R1 at 15.96.

Daily

Bearish

Weekly

Bearish

Monthly

Neutral

Details for Daily Weekly Monthly

Oscillators

Bullish

3 bullish · 6 neutral · 1 bearish

Indicator Value Reading
RSI (14) 45.20 Neutral
Stochastic %K (14, 3, 3) 73.42 Neutral
Stochastic RSI (14, 3, 3) 100.00 Neutral
CCI (20) 58.79 Neutral
ADX (14) 40.55 Bearish
Williams %R (14) -34.50 Neutral
MACD (12, 26, 9) -0.13 Bullish
Momentum (10) -0.05 Bullish
Ultimate Oscillator (7, 14, 28) 36.72 Neutral
Bull Bear Power (13) 0.69 Bullish

Moving averages

Strongly bearish

2 bullish · 0 neutral · 10 bearish

Period Simple Exponential
MA 10 15.85 15.88
MA 20 15.98 15.96
MA 30 16.01 16.06
MA 50 16.34 16.22
MA 100 16.66 16.45
MA 200 16.86 16.49

Support & resistance

Daily pivots
  • R3 16.15
  • R2 16.05
  • R1 15.96
  • Pivot 15.86
  • S1 15.77
  • S2 15.67
  • S3 15.58
  • Close 15.90

Pivot points

Level Classic Fibonacci Camarilla
R3 16.15 16.05 15.93
R2 16.05 15.97 15.91
R1 15.96 15.93 15.90
Pivot 15.86 15.86 15.86
S1 15.77 15.78 15.86
S2 15.67 15.74 15.85
S3 15.58 15.67 15.83

Range & volatility

52-week range

14.4020.83

ATR (14)
0.342.1% of price
Bollinger Bands (20, 2)
15.66 – 16.31
From the 52-week high
-23.7%
Bars analysed
644

Oscillators

Bearish

0 bullish · 8 neutral · 2 bearish

Indicator Value Reading
RSI (14) 42.17 Neutral
Stochastic %K (14, 3, 3) 34.97 Neutral
Stochastic RSI (14, 3, 3) 80.16 Neutral
CCI (20) -79.76 Neutral
ADX (14) 9.15 Neutral
Williams %R (14) -64.95 Neutral
MACD (12, 26, 9) -0.24 Bearish
Momentum (10) -1.15 Bearish
Ultimate Oscillator (7, 14, 28) 52.17 Neutral
Bull Bear Power (13) -0.29 Neutral

Moving averages

Strongly bearish

1 bullish · 0 neutral · 9 bearish

Period Simple Exponential
MA 10 16.28 16.20
MA 20 16.62 16.43
MA 30 16.64 16.52
MA 50 16.87 16.41
MA 100 15.96 15.29
MA 200 — —

Support & resistance

Weekly pivots
  • R3 16.44
  • R2 16.27
  • R1 16.05
  • Pivot 15.88
  • S1 15.66
  • S2 15.49
  • S3 15.27
  • Close 15.90

Pivot points

Level Classic Fibonacci Camarilla
R3 16.44 16.27 15.95
R2 16.27 16.12 15.91
R1 16.05 16.03 15.88
Pivot 15.88 15.88 15.88
S1 15.66 15.73 15.80
S2 15.49 15.64 15.77
S3 15.27 15.49 15.73

Range & volatility

52-week range

14.4020.83

ATR (14)
0.935.9% of price
Bollinger Bands (20, 2)
15.53 – 17.72
From the 52-week high
-23.7%
Bars analysed
136

Oscillators

Bearish

1 bullish · 6 neutral · 2 bearish

Indicator Value Reading
RSI (14) 55.37 Neutral
Stochastic %K (14, 3, 3) 32.22 Neutral
Stochastic RSI (14, 3, 3) 0.00 Neutral
CCI (20) -31.72 Neutral
ADX (14) 41.96 Bullish
Williams %R (14) -76.67 Neutral
MACD (12, 26, 9) —
Momentum (10) -1.82 Bearish
Ultimate Oscillator (7, 14, 28) 48.68 Neutral
Bull Bear Power (13) -1.35 Bearish

Moving averages

Neutral

3 bullish · 0 neutral · 3 bearish

Period Simple Exponential
MA 10 16.63 16.36
MA 20 16.16 15.63
MA 30 14.90 14.71
MA 50 — —
MA 100 — —
MA 200 — —

Support & resistance

Monthly pivots
  • R3 17.83
  • R2 17.28
  • R1 16.70
  • Pivot 16.15
  • S1 15.57
  • S2 15.02
  • S3 14.44
  • Close 15.90

Pivot points

Level Classic Fibonacci Camarilla
R3 17.83 17.28 16.43
R2 17.28 16.85 16.33
R1 16.70 16.58 16.22
Pivot 16.15 16.15 16.15
S1 15.57 15.72 16.02
S2 15.02 15.45 15.91
S3 14.44 15.02 15.81

Range & volatility

52-week range

14.4020.83

ATR (14)
1.9912.5% of price
Bollinger Bands (20, 2)
13.67 – 18.66
From the 52-week high
-23.7%
Bars analysed
32

How these readings work

Computed after each close from MIIETF'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.

Pattern signals for MIIETF → MIIETF overview and price history →