PSX · COMMERCIAL BANKS
MEBL Falling Wedge forming — 30 Min chart signal
Meezan Bank Limited
30 Min 14 Oct 2026 · 15:00 PKT
Close
546.98
▲ 0.36%
Falling Wedge forming
Chart pattern With the trend
MEBL is compressing inside a falling wedge on the 30-minute chart - 5 swing points, 8.4x ATR wide at the start.
Upper line 543.10, lower line 539.37. The pattern favours an upside resolution: a 30-minute close above 543.46 confirms an upside breakout, a close below 539.01 a downside break.
Structure: bullish external, bullish internal (strong low 525.00). Nearest demand OB 527.00 - 534.80, supply OB 577.50 - 582.00.
More for MEBL
MEBL company page →Falling Wedge breakout
MEBL broke above its falling wedge on the 30-minute close at 546.98.
14 Oct 2026 · 15:00 PKT Pattern breakout
Head & Shoulders forming
MEBL has completed a head & shoulders on the daily chart with the head at 605.00 and the neckline at 528.02.
12 Oct 2026 Chart pattern
Head & Shoulders forming
MEBL has completed a head & shoulders on the 30-minute chart with the head at 562.00 and the neckline at 542.11.
09 Oct 2026 · 11:30 PKT Chart pattern