PSX · MISCELLANEOUS
GEMPACRA Head & Shoulders forming — Daily chart signal
The Pakistan Credit Rating Agency Ltd
Daily 07 Oct 2026
Close
43.33
▼ 9.73%
Head & Shoulders forming
Chart pattern Against the trend
GEMPACRA has completed a head & shoulders on the daily chart with the head at 49.00 and the neckline at 29.31.
The pattern is confirmed by a daily close below 28.64. The measured move from the neckline points to 10.51 (-64.1%). A close beyond the head at 49.00 cancels it. Still active - first identified on 17 Sep 2026.
Structure: bullish external, bullish internal (strong low 25.61). Nearest demand OB 28.01 - 28.65.
More for GEMPACRA
GEMPACRA company page →Bearish change of character
GEMPACRA closed below the external strong low at 42.00 - the external trend turns bearish.
14 Oct 2026 · 10:00 PKT Market structure · CHoCH
Bearish change of character
GEMPACRA closed below the external strong low at 42.00 - the external trend turns bearish.
14 Oct 2026 · 09:30 PKT Market structure · CHoCH