PSX · MISCELLANEOUS
STPL Descending Triangle forming — 30 Min chart signal
Siddiqsons Tin Plate Limited
30 Min 16 Oct 2026 · 10:30 PKT
Close
7.85
▲ 3.84%
Descending Triangle forming
Chart pattern With the trend
STPL is compressing inside a descending triangle on the 30-minute chart - 5 swing points, 7.3x ATR wide at the start.
Upper line 7.55, lower line 7.35. The pattern favours a downside resolution: a 30-minute close above 7.57 confirms an upside breakout, a close below 7.33 a downside break.
Structure: bearish external, bullish internal (strong high 10.40). Nearest demand OB 7.40 - 7.46, supply OB 8.93 - 9.02.
More for STPL
STPL company page →Descending Triangle breakout
STPL broke above its descending triangle on the 30-minute close at 7.85.
16 Oct 2026 · 10:30 PKT Pattern breakout
Inverse Head & Shoulders forming
STPL has completed an inverse head & shoulders on the daily chart with the head at 5.55 and the neckline at 10.13.
08 Oct 2026 Chart pattern