FORTUNE

Fortune Shoes Limited · Tannery Industries · Cat Z

2/100

High risk

৳19.5

Score breakdown

Technical read

RSI (14)76.5

MACDbullish

Bollingerabove upper band

Price cycle (Wyckoff)MARKUP

Health trenddeteriorating

Flow pressureaccumulation

Valuation

Fair value ()

Upside—

Dividend yield+0.30%

Fundamental verdictWATCH

Confidence—

Levels

Resistance

৳19.6

৳20.5

৳21.2

৳22

Support

৳19.4

৳18.8

৳17.8

৳17.1

Historical bounce zones

Aug 13, 2025: ৳14.8→৳17.1 +16%

Aug 24, 2025: ৳15→৳17.8 +19%

Nov 16, 2025: ৳10→৳13.6 +36%

Nov 23, 2025: ৳12.1→৳15.3 +26%

Nov 26, 2025: ৳13.8→৳16.6 +20%

Jan 26, 2026: ৳12.9→৳16.6 +29%

Mar 8, 2026: ৳13.2→৳15.5 +17%

May 19, 2026: ৳13.2→৳17.9 +36%

Historical outlook

Based on how similar setups behaved historically — not a prediction of what will happen.

10-day 48% vs 40% market avg Typical move: -6.2% / -1.3% / 5.5%

30-day 41% vs 42% market avg Typical move: -10.4% / -2.4% / 8.7%

Signals: RSI>70 overbought|Above upper Bollinger|Stochastic>80

Reference levels

Descriptive reference points from the analysis — not instructions to buy or sell.

Entry readAVOID (dormant/dirty)

Reference stopn/a

Reference target—

Timing notestay out

strong artificial activity (score 393); speculative profile — not core-quality. Phase: DORMANT (35% >200-MA, flow ACC) -> watch. HIGH sharp-fall risk 16% (top-decile). Z-cat. ⚠ Balance sheet DETERIORATING (Altman Z falling) — early warning. ⚠ PAPER-PROFIT — reports profit but NEGATIVE cash flow (accrual red flag; earnings not real cash). [fundamentals WATCH, payout 45.0%, yield 0.3%]