Skip to content
Smart Money

Modarabas

SINDM Sindh Modaraba

Latest results: FY2026 · Jun 2026

Last close · 16 Oct 2026

Rs 50.46 +9.41%

Technical analysis · updated after the close, 16 Oct 2026

Sindh Modaraba (SINDM) technical analysis

SINDM closed at Rs 50.46 on 16 Oct 2026 (+9.41%). The daily picture is strongly bullish: the price is above 6 of its 6 simple moving averages, MACD is above its signal line and RSI at 66.6 is firm but not overbought. The weekly trend is strongly bullish, and the monthly chart is strongly bullish. Nearest support is the daily R1 at 48.79, resistance R2 at 51.45.

Daily

Strongly bullish

Weekly

Strongly bullish

Monthly

Strongly bullish

Details for Daily Weekly Monthly

Oscillators

Bullish

3 bullish · 7 neutral · 0 bearish

Indicator Value Reading
RSI (14) 66.57 Neutral
Stochastic %K (14, 3, 3) 69.64 Neutral
Stochastic RSI (14, 3, 3) 45.20 Neutral
CCI (20) 84.90 Neutral
ADX (14) 35.55 Bullish
Williams %R (14) -26.66 Neutral
MACD (12, 26, 9) 5.97 Bullish
Momentum (10) 15.70 Bullish
Ultimate Oscillator (7, 14, 28) 69.87 Neutral
Bull Bear Power (13) 5.45 Neutral

Moving averages

Strongly bullish

12 bullish · 0 neutral · 0 bearish

Period Simple Exponential
MA 10 46.49 46.42
MA 20 38.79 41.33
MA 30 35.39 38.11
MA 50 31.81 34.24
MA 100 27.53 29.79
MA 200 25.80 26.08

Support & resistance

Daily pivots
  • R3 52.93
  • R2 51.45
  • R1 48.79
  • Pivot 47.31
  • S1 44.65
  • S2 43.17
  • S3 40.51
  • Close 50.46

Pivot points

Level Classic Fibonacci Camarilla
R3 52.93 51.45 47.26
R2 51.45 49.87 46.88
R1 48.79 48.89 46.50
Pivot 47.31 47.31 47.31
S1 44.65 45.73 45.74
S2 43.17 44.75 45.36
S3 40.51 43.17 44.98

Range & volatility

52-week range

15.2158.99

ATR (14)
4.619.1% of price
Bollinger Bands (20, 2)
20.40 – 57.18
From the 52-week high
-14.5%
Bars analysed
1,773

Oscillators

Bullish

4 bullish · 5 neutral · 1 bearish

Indicator Value Reading
RSI (14) 82.52 Neutral
Stochastic %K (14, 3, 3) 83.69 Neutral
Stochastic RSI (14, 3, 3) 100.00 Neutral
CCI (20) 310.18 Bearish
ADX (14) 43.02 Bullish
Williams %R (14) -22.47 Neutral
MACD (12, 26, 9) 5.06 Bullish
Momentum (10) 27.10 Bullish
Ultimate Oscillator (7, 14, 28) 62.68 Neutral
Bull Bear Power (13) 35.66 Bullish

Moving averages

Strongly bullish

12 bullish · 0 neutral · 0 bearish

Period Simple Exponential
MA 10 32.86 35.58
MA 20 28.05 30.65
MA 30 25.84 28.30
MA 50 25.42 25.42
MA 100 19.03 20.98
MA 200 13.94 16.47

Support & resistance

Weekly pivots
  • R3 74.15
  • R2 62.11
  • R1 56.09
  • Pivot 44.05
  • S1 38.03
  • S2 25.99
  • S3 19.97
  • Close 50.46

Pivot points

Level Classic Fibonacci Camarilla
R3 74.15 62.11 55.04
R2 62.11 55.21 53.38
R1 56.09 50.95 51.73
Pivot 44.05 44.05 44.05
S1 38.03 37.15 48.41
S2 25.99 32.89 46.76
S3 19.97 25.99 45.10

Range & volatility

52-week range

15.2158.99

ATR (14)
5.9811.9% of price
Bollinger Bands (20, 2)
11.94 – 44.16
From the 52-week high
-14.5%
Bars analysed
552

Oscillators

Bullish

3 bullish · 6 neutral · 1 bearish

Indicator Value Reading
RSI (14) 78.05 Neutral
Stochastic %K (14, 3, 3) 72.54 Neutral
Stochastic RSI (14, 3, 3) 100.00 Neutral
CCI (20) 254.93 Neutral
ADX (14) 54.16 Bullish
Williams %R (14) -18.76 Neutral
MACD (12, 26, 9) 6.35 Bullish
Momentum (10) 14.84 Bearish
Ultimate Oscillator (7, 14, 28) 63.67 Neutral
Bull Bear Power (13) 36.00 Bullish

Moving averages

Strongly bullish

10 bullish · 0 neutral · 0 bearish

Period Simple Exponential
MA 10 27.09 29.65
MA 20 21.75 23.94
MA 30 17.98 20.68
MA 50 14.05 16.95
MA 100 10.98 12.75
MA 200 — —

Support & resistance

Monthly pivots
  • R3 44.12
  • R2 38.70
  • R1 35.99
  • Pivot 30.57
  • S1 27.86
  • S2 22.44
  • S3 19.73
  • Close 50.46

Pivot points

Level Classic Fibonacci Camarilla
R3 44.12 38.70 35.52
R2 38.70 35.59 34.77
R1 35.99 33.68 34.03
Pivot 30.57 30.57 30.57
S1 27.86 27.46 32.53
S2 22.44 25.55 31.79
S3 19.73 22.44 31.04

Range & volatility

52-week range

15.2158.99

ATR (14)
7.2314.3% of price
Bollinger Bands (20, 2)
2.28 – 41.21
From the 52-week high
-14.5%
Bars analysed
142

How these readings work

Computed after each close from SINDM'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 SINDM → SINDM overview and price history →