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Textile Spinning

SZTM Shahzad Textile Mills Limited

Latest results: FY2026 · Jun 2026

Last close · 16 Oct 2026

Rs 82.28 +0.93%

Technical analysis · updated after the close, 16 Oct 2026

Shahzad Textile Mills Limited (SZTM) technical analysis

SZTM closed at Rs 82.28 on 16 Oct 2026 (+0.93%). The daily picture is neutral: the price is below 4 of its 6 simple moving averages, MACD is above its signal line and RSI at 45.8 is neutral. The weekly trend is bullish, and the monthly chart is bullish. Nearest support is the daily pivot at 81.97, resistance R1 at 83.45.

Daily

Neutral

Weekly

Bullish

Monthly

Bullish

Details for Daily Weekly Monthly

Oscillators

Bullish

2 bullish · 8 neutral · 0 bearish

Indicator Value Reading
RSI (14) 45.78 Neutral
Stochastic %K (14, 3, 3) 25.17 Neutral
Stochastic RSI (14, 3, 3) 85.25 Neutral
CCI (20) -78.54 Neutral
ADX (14) 12.52 Neutral
Williams %R (14) -73.93 Neutral
MACD (12, 26, 9) -1.66 Bullish
Momentum (10) -1.22 Bullish
Ultimate Oscillator (7, 14, 28) 34.93 Neutral
Bull Bear Power (13) -0.97 Neutral

Moving averages

Bearish

4 bullish · 0 neutral · 8 bearish

Period Simple Exponential
MA 10 81.89 82.34
MA 20 83.68 83.55
MA 30 84.68 84.59
MA 50 87.73 85.12
MA 100 84.26 81.20
MA 200 67.23 72.36

Support & resistance

Daily pivots
  • R3 86.85
  • R2 85.37
  • R1 83.45
  • Pivot 81.97
  • S1 80.05
  • S2 78.57
  • S3 76.65
  • Close 82.28

Pivot points

Level Classic Fibonacci Camarilla
R3 86.85 85.37 82.45
R2 85.37 84.07 82.14
R1 83.45 83.27 81.83
Pivot 81.97 81.97 81.97
S1 80.05 80.67 81.21
S2 78.57 79.87 80.90
S3 76.65 78.57 80.58

Range & volatility

52-week range

36.00127.25

ATR (14)
5.767.0% of price
Bollinger Bands (20, 2)
78.56 – 88.80
From the 52-week high
-35.3%
Bars analysed
867

Oscillators

Neutral

2 bullish · 5 neutral · 3 bearish

Indicator Value Reading
RSI (14) 53.54 Neutral
Stochastic %K (14, 3, 3) 14.60 Neutral
Stochastic RSI (14, 3, 3) 31.82 Neutral
CCI (20) -28.37 Neutral
ADX (14) 40.83 Bullish
Williams %R (14) -81.65 Bullish
MACD (12, 26, 9) 5.78 Bearish
Momentum (10) -7.74 Bearish
Ultimate Oscillator (7, 14, 28) 42.94 Neutral
Bull Bear Power (13) -5.38 Bearish

Moving averages

Bullish

9 bullish · 0 neutral · 3 bearish

Period Simple Exponential
MA 10 86.95 84.95
MA 20 86.17 81.66
MA 30 74.42 77.17
MA 50 65.58 70.00
MA 100 53.75 58.77
MA 200 41.29 45.82

Support & resistance

Weekly pivots
  • R3 95.75
  • R2 91.68
  • R1 86.65
  • Pivot 82.58
  • S1 77.55
  • S2 73.48
  • S3 68.45
  • Close 82.28

Pivot points

Level Classic Fibonacci Camarilla
R3 95.75 91.68 84.13
R2 91.68 88.20 83.30
R1 86.65 86.05 82.46
Pivot 82.58 82.58 82.58
S1 77.55 79.10 80.80
S2 73.48 76.95 79.96
S3 68.45 73.48 79.13

Range & volatility

52-week range

36.00127.25

ATR (14)
12.8515.6% of price
Bollinger Bands (20, 2)
61.15 – 111.19
From the 52-week high
-35.3%
Bars analysed
361

Oscillators

Neutral

2 bullish · 6 neutral · 2 bearish

Indicator Value Reading
RSI (14) 66.21 Neutral
Stochastic %K (14, 3, 3) 56.64 Neutral
Stochastic RSI (14, 3, 3) 0.00 Neutral
CCI (20) 113.60 Bearish
ADX (14) 33.67 Bullish
Williams %R (14) -49.28 Neutral
MACD (12, 26, 9) 12.21 Bullish
Momentum (10) 33.40 Bearish
Ultimate Oscillator (7, 14, 28) 51.27 Neutral
Bull Bear Power (13) 32.21 Neutral

Moving averages

Strongly bullish

10 bullish · 0 neutral · 0 bearish

Period Simple Exponential
MA 10 68.85 73.59
MA 20 58.75 62.82
MA 30 50.40 56.43
MA 50 45.20 48.47
MA 100 35.77 36.38
MA 200 — —

Support & resistance

Monthly pivots
  • R3 113.59
  • R2 104.05
  • R1 95.14
  • Pivot 85.60
  • S1 76.69
  • S2 67.15
  • S3 58.24
  • Close 82.28

Pivot points

Level Classic Fibonacci Camarilla
R3 113.59 104.05 91.31
R2 104.05 97.00 89.62
R1 95.14 92.64 87.93
Pivot 85.60 85.60 85.60
S1 76.69 78.55 84.55
S2 67.15 74.19 82.86
S3 58.24 67.15 81.17

Range & volatility

52-week range

36.00127.25

ATR (14)
16.3219.8% of price
Bollinger Bands (20, 2)
20.55 – 96.96
From the 52-week high
-35.3%
Bars analysed
135

How these readings work

Computed after each close from SZTM'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 18 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).

SZTM overview and price history →