ICB

Investment Corporation Of Bangladesh · Financial Institutions · Cat B

15/100

High risk

৳47.2

Score breakdown

Technical read

RSI (14)65.0

MACDbearish

Bollingerinside bands (+1.2σ)

Price cycle (Wyckoff)MARKUP

Health trenddeteriorating

Flow pressureaccumulation

Valuation

Fair value ()

Upside—

Dividend yield+0.40%

Fundamental verdictAT-RISK

Confidence—

Levels

Resistance

৳48

৳49.5

৳52.2

৳53.8

Support

৳42.5

৳40.6

৳38.3

৳37

Historical bounce zones

Nov 18, 2024: ৳64→৳74 +16%

May 19, 2025: ৳40→৳48 +20%

Jun 23, 2025: ৳42.5→৳52.2 +23%

Jul 29, 2025: ৳47.5→৳59.8 +26%

Nov 13, 2025: ৳33.7→৳40.7 +21%

Feb 1, 2026: ৳34.5→৳44.7 +30%

May 3, 2026: ৳34.4→৳48.3 +40%

May 23, 2026: ৳40.6→৳49.5 +22%

Historical outlook

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

10-day 46% vs 40% market avg Typical move: -4.8% / -0.9% / 4.3%

30-day 41% vs 42% market avg Typical move: -8.5% / -1.4% / 7.4%

Signals: Bullish Engulfing

Reference levels

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

Entry readSLEEVE only ≈47.2 (or dip 45.2)

Reference stopclose<45.2 (raw, tight)

Reference target⅓ at 51.2, trail rest

Timing notesleeve; enter Nov-Jan; OUT by Jun/Sep

Elevated (score 194) — acceptable only with real earnings and sponsor backing; artificial-activity lens applies. Phase: ACCUMULATION (15% >200-MA, flow ACC). [fundamentals AT-RISK (dividend cut risk), yield 0.4%]