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Textile Spinning

SSML Saritow Spinning Mills Limited

Latest results: FY2025 · Jun 2025 Q3 FY2026 · Jan – Mar 2026

Last close · 16 Oct 2026

Rs 17.93 -2.55%

Technical analysis · updated after the close, 16 Oct 2026

Saritow Spinning Mills Limited (SSML) technical analysis

SSML closed at Rs 17.93 on 16 Oct 2026 (-2.55%). 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 40.9 is weak but not oversold. The weekly trend is bearish, while the monthly chart is still neutral. Nearest support is the daily S2 at 17.83, resistance S1 at 18.12.

Daily

Bearish

Weekly

Bearish

Monthly

Neutral

Details for Daily Weekly Monthly

Oscillators

Neutral

2 bullish · 7 neutral · 1 bearish

Indicator Value Reading
RSI (14) 40.91 Neutral
Stochastic %K (14, 3, 3) 46.98 Neutral
Stochastic RSI (14, 3, 3) 0.00 Neutral
CCI (20) -20.24 Neutral
ADX (14) 24.60 Bearish
Williams %R (14) -62.39 Neutral
MACD (12, 26, 9) -0.71 Bullish
Momentum (10) -0.36 Bullish
Ultimate Oscillator (7, 14, 28) 35.00 Neutral
Bull Bear Power (13) 0.63 Neutral

Moving averages

Strongly bearish

1 bullish · 0 neutral · 11 bearish

Period Simple Exponential
MA 10 17.81 18.05
MA 20 18.37 18.47
MA 30 18.76 19.05
MA 50 20.65 20.11
MA 100 22.60 21.75
MA 200 24.94 22.44

Support & resistance

Daily pivots
  • R3 19.82
  • R2 19.53
  • R1 18.97
  • Pivot 18.68
  • S1 18.12
  • S2 17.83
  • S3 17.27
  • Close 17.93

Pivot points

Level Classic Fibonacci Camarilla
R3 19.82 19.53 18.63
R2 19.53 19.21 18.56
R1 18.97 19.01 18.48
Pivot 18.68 18.68 18.68
S1 18.12 18.36 18.32
S2 17.83 18.16 18.24
S3 17.27 17.83 18.17

Range & volatility

52-week range

15.5039.79

ATR (14)
1.086.0% of price
Bollinger Bands (20, 2)
16.77 – 19.96
From the 52-week high
-54.9%
Bars analysed
3,392

Oscillators

Neutral

2 bullish · 6 neutral · 2 bearish

Indicator Value Reading
RSI (14) 35.37 Neutral
Stochastic %K (14, 3, 3) 7.52 Neutral
Stochastic RSI (14, 3, 3) 57.11 Neutral
CCI (20) -124.38 Bullish
ADX (14) 14.18 Neutral
Williams %R (14) -92.90 Bullish
MACD (12, 26, 9) -1.76 Bearish
Momentum (10) -8.84 Bearish
Ultimate Oscillator (7, 14, 28) 31.65 Neutral
Bull Bear Power (13) -4.12 Neutral

Moving averages

Strongly bearish

2 bullish · 0 neutral · 10 bearish

Period Simple Exponential
MA 10 20.12 19.88
MA 20 22.43 21.55
MA 30 23.18 22.28
MA 50 25.13 22.25
MA 100 19.98 19.81
MA 200 13.00 15.85

Support & resistance

Weekly pivots
  • R3 20.29
  • R2 19.49
  • R1 18.64
  • Pivot 17.84
  • S1 16.99
  • S2 16.19
  • S3 15.34
  • Close 17.93

Pivot points

Level Classic Fibonacci Camarilla
R3 20.29 19.49 18.23
R2 19.49 18.86 18.08
R1 18.64 18.47 17.93
Pivot 17.84 17.84 17.84
S1 16.99 17.21 17.63
S2 16.19 16.82 17.48
S3 15.34 16.19 17.33

Range & volatility

52-week range

15.5039.79

ATR (14)
3.7520.9% of price
Bollinger Bands (20, 2)
16.57 – 28.29
From the 52-week high
-54.9%
Bars analysed
859

Oscillators

Neutral

2 bullish · 5 neutral · 3 bearish

Indicator Value Reading
RSI (14) 48.43 Neutral
Stochastic %K (14, 3, 3) 27.53 Neutral
Stochastic RSI (14, 3, 3) 0.00 Bullish
CCI (20) -45.82 Neutral
ADX (14) 40.48 Bullish
Williams %R (14) -78.75 Neutral
MACD (12, 26, 9) 2.67 Bearish
Momentum (10) -12.97 Bearish
Ultimate Oscillator (7, 14, 28) 42.93 Neutral
Bull Bear Power (13) -6.77 Bearish

Moving averages

Bullish

7 bullish · 0 neutral · 5 bearish

Period Simple Exponential
MA 10 23.71 21.86
MA 20 21.14 20.29
MA 30 17.21 18.29
MA 50 12.61 15.41
MA 100 9.83 11.89
MA 200 8.17 8.36

Support & resistance

Monthly pivots
  • R3 30.86
  • R2 27.90
  • R1 23.02
  • Pivot 20.06
  • S1 15.18
  • S2 12.22
  • S3 7.34
  • Close 17.93

Pivot points

Level Classic Fibonacci Camarilla
R3 30.86 27.90 20.29
R2 27.90 24.91 19.57
R1 23.02 23.06 18.85
Pivot 20.06 20.06 20.06
S1 15.18 17.07 17.41
S2 12.22 15.22 16.69
S3 7.34 12.22 15.97

Range & volatility

52-week range

15.5039.79

ATR (14)
6.8738.3% of price
Bollinger Bands (20, 2)
11.15 – 31.12
From the 52-week high
-54.9%
Bars analysed
205

How these readings work

Computed after each close from SSML'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 30 Sep 2009 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 SSML → SSML overview and price history →