PSX · EXCHANGE TRADED FUNDS

MIIETF Inverse Head & Shoulders breakout — 1 Hour chart signal

Mahaana Islamic Index ETF

1 Hour 15 Oct 2026 · 14:30 PKT

15.94

▲ 0.32%

▲ Bullish

Inverse Head & Shoulders breakout

Pattern breakout With the trend

MIIETF broke above its inverse head & shoulders on the hourly close at 15.94.

Projected target 17.67 (+10.9%). The pattern is invalidated beyond 15.60 (-2.1%), a reward-to-risk of about 5.1 : 1.

Structure: bullish external, bearish internal (strong low 14.40). Nearest supply OB 16.65 - 16.73.

Levels 1 Hour

MIIETF company page →

MIIETF has completed an inverse head & shoulders on the hourly chart with the head at 14.40 and the neckline at 15.90.

15 Oct 2026 · 10:30 PKT Chart pattern