Last close · 16 Oct 2026
Rs 62.28 +1.19%
Technical analysis · updated after the close, 16 Oct 2026
Shadman Cotton Mills Limited (SHCM) technical analysis
SHCM closed at Rs 62.28 on 16 Oct 2026 (+1.19%). The daily picture is neutral: the price is above 4 of its 6 simple moving averages, MACD is below its signal line and RSI at 48.3 is neutral. The weekly trend is strongly bullish, and the monthly chart is strongly bullish. Nearest support is the daily S1 at 58.07, resistance the pivot at 63.48.
Daily
Neutral
Weekly
Strongly bullish
Monthly
Strongly bullish
Oscillators
Neutral
3 bullish · 5 neutral · 2 bearish
| Indicator | Value | Reading |
|---|---|---|
| RSI (14) | 53.74 | Neutral |
| Stochastic %K (14, 3, 3) | 56.91 | Neutral |
| Stochastic RSI (14, 3, 3) | 0.00 | Neutral |
| CCI (20) | 204.51 | Bearish |
| ADX (14) | 44.62 | Bullish |
| Williams %R (14) | -66.21 | Neutral |
| MACD (12, 26, 9) | 5.24 | Bullish |
| Momentum (10) | 8.19 | Bearish |
| Ultimate Oscillator (7, 14, 28) | 47.22 | Neutral |
| Bull Bear Power (13) | 37.82 | Bullish |
Moving averages
Strongly bullish
12 bullish · 0 neutral · 0 bearish
| Period | Simple | Exponential | ||
|---|---|---|---|---|
| MA 10 | 61.40 | Bullish | 61.80 | Bullish |
| MA 20 | 56.26 | Bullish | 57.12 | Bullish |
| MA 30 | 50.22 | Bullish | 54.49 | Bullish |
| MA 50 | 51.16 | Bullish | 51.22 | Bullish |
| MA 100 | 44.23 | Bullish | 44.88 | Bullish |
| MA 200 | 31.98 | Bullish | 35.02 | Bullish |
Support & resistance
Weekly pivots- R3 141.18
- R2 115.42
- R1 102.53
- Pivot 76.77
- S1 63.88
- S2 38.12
- S3 25.23
- Close 62.28
Pivot points
| Level | Classic | Fibonacci | Camarilla |
|---|---|---|---|
| R3 | 141.18 | 115.42 | 100.28 |
| R2 | 115.42 | 100.65 | 96.74 |
| R1 | 102.53 | 91.53 | 93.19 |
| Pivot | 76.77 | 76.77 | 76.77 |
| S1 | 63.88 | 62.00 | 86.11 |
| S2 | 38.12 | 52.88 | 82.56 |
| S3 | 25.23 | 38.12 | 79.02 |
Range & volatility
52-week range
30.5298.00
- ATR (14)
- 13.8722.3% of price
- Bollinger Bands (20, 2)
- 38.45 – 74.06
- From the 52-week high
- -36.4%
- Bars analysed
- 300
How these readings work
Computed after each close from SHCM'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 26 Feb 2013 is left out: a price move on that day was too large to compare earlier prices (for example an unadjusted split or bonus issue).