Exchange Traded Funds
MZNPETF Meezan Pakistan ETF
Technical analysis · updated after the close, 16 Oct 2026
Meezan Pakistan ETF (MZNPETF) technical analysis
MZNPETF closed at Rs 17.12 on 16 Oct 2026 (-0.06%). The daily picture is bearish: the price is below 5 of its 6 simple moving averages, MACD is below its signal line and RSI at 43.2 is weak but not oversold. The weekly trend is bearish, and the monthly chart is bearish. Nearest support is the daily S1 at 17.05, resistance R1 at 17.21.
Daily
Bearish
Weekly
Bearish
Monthly
Bearish
Oscillators
Neutral
1 bullish · 7 neutral · 2 bearish
| Indicator | Value | Reading |
|---|---|---|
| RSI (14) | 48.66 | Neutral |
| Stochastic %K (14, 3, 3) | 13.91 | Neutral |
| Stochastic RSI (14, 3, 3) | 0.00 | Neutral |
| CCI (20) | -74.57 | Neutral |
| ADX (14) | 37.79 | Bullish |
| Williams %R (14) | -95.89 | Neutral |
| MACD (12, 26, 9) | 0.88 | Bearish |
| Momentum (10) | -4.10 | Bearish |
| Ultimate Oscillator (7, 14, 28) | 42.46 | Neutral |
| Bull Bear Power (13) | -2.65 | Neutral |
Moving averages
Bearish
2 bullish · 0 neutral · 6 bearish
| Period | Simple | Exponential | ||
|---|---|---|---|---|
| MA 10 | 19.11 | Bearish | 18.46 | Bearish |
| MA 20 | 18.85 | Bearish | 18.13 | Bearish |
| MA 30 | 17.69 | Bearish | 17.27 | Bearish |
| MA 50 | 14.42 | Bullish | 15.37 | Bullish |
| MA 100 | — | — | ||
| MA 200 | — | — | ||
Support & resistance
Monthly pivots- R3 19.23
- R2 18.61
- R1 18.00
- Pivot 17.38
- S1 16.77
- S2 16.15
- S3 15.54
- Close 17.12
Pivot points
| Level | Classic | Fibonacci | Camarilla |
|---|---|---|---|
| R3 | 19.23 | 18.61 | 17.72 |
| R2 | 18.61 | 18.14 | 17.61 |
| R1 | 18.00 | 17.85 | 17.49 |
| Pivot | 17.38 | 17.38 | 17.38 |
| S1 | 16.77 | 16.91 | 17.27 |
| S2 | 16.15 | 16.62 | 17.15 |
| S3 | 15.54 | 16.15 | 17.04 |
Range & volatility
52-week range
16.7725.29
- ATR (14)
- 2.2813.3% of price
- Bollinger Bands (20, 2)
- 15.39 – 22.31
- From the 52-week high
- -32.3%
- Bars analysed
- 73
How these readings work
Computed after each close from MZNPETF'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 MZNPETF → MZNPETF overview and price history →