PSX · EXCHANGE TRADED FUNDS
UBLPETF Bear Pennant breakdown — Daily chart signal
UBLPakistan Enterprise ETF
Daily 02 Oct 2026
Close
28.13
▼ 0.78%
Bear Pennant breakdown
Pattern breakout With the trend
UBLPETF broke below its bear pennant on the daily close at 28.13.
Projected target 25.20 (-10.4%). The pattern is invalidated beyond 28.94 (+2.9%), a reward-to-risk of about 3.6 : 1.
Structure: bearish external, bearish internal (strong high 47.34). Nearest demand OB 17.25 - 17.29, supply OB 29.29 - 29.45.
More for UBLPETF
UBLPETF company page →Bull Flag forming
UBLPETF is building a bull flag after a 0.92 rally (10.0x ATR) on the 30-minute chart.
14 Oct 2026 · 12:00 PKT Chart pattern
Bearish break of structure
UBLPETF closed below the external swing low at 27.63 from 11 Sep 09:30 - the bearish trend continues.
14 Oct 2026 · 09:30 PKT Market structure · BOS
Bearish break of structure
UBLPETF closed below the external swing low at 27.63 from 11 Sep 09:30 - the bearish trend continues.
14 Oct 2026 · 09:30 PKT Market structure · BOS
Head & Shoulders forming
UBLPETF has completed a head & shoulders on the 30-minute chart with the head at 28.94 and the neckline at 27.37.
09 Oct 2026 · 11:30 PKT Chart pattern