PSX · INSURANCE
PAKRI Head & Shoulders forming — Daily chart signal
Pakistan Reinsurance Company Limited
Daily 08 Oct 2026
Close
15.41
▼ 1.16%
Head & Shoulders forming
Chart pattern Against the trend
PAKRI has completed a head & shoulders on the daily chart with the head at 26.28 and the neckline at 14.48.
The pattern is confirmed by a daily close below 14.39. The measured move from the neckline points to 3.50 (-75.8%). A close beyond the head at 26.28 cancels it. Still active - first identified on 09 Jun 2026.
Structure: bullish external, bearish internal (strong low 10.31). Nearest demand OB 14.06 - 14.38, supply OB 16.20 - 16.80.