MEGCONMILK

Meghna Condensed Milk Industries Ltd. · Food and Allied · Cat Z

0/100

High risk

৳37.9 Non-operational

Score breakdown

Technical read

RSI (14)48.1

MACDbearish

Bollingerinside bands (-0.2σ)

Price cycle (Wyckoff)

Health trenddeteriorating

Flow pressuredistribution

Valuation

Fair value ()

Upside—

Dividend yield+0.00%

Fundamental verdictAT-RISK

Confidence—

Levels

Resistance

৳38

৳39.2

৳40.4

৳41.8

Support

৳37.6

৳36.4

৳35.1

৳34

Historical bounce zones

Mar 24, 2026: ৳30.5→৳36.9 +21%

Apr 6, 2026: ৳30.7→৳39.4 +28%

Apr 22, 2026: ৳32.8→৳38.8 +18%

May 7, 2026: ৳32.1→৳44.2 +38%

May 24, 2026: ৳38.6→৳51 +32%

Jun 8, 2026: ৳38.3→৳45.8 +20%

Jun 15, 2026: ৳34.5→৳42 +22%

Jun 23, 2026: ৳34.1→৳40.5 +19%

Historical outlook

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

10-day 40% vs 40% market avg Typical move: -8.6% / -2% / 6.8%

30-day 41% vs 42% market avg Typical move: -15.3% / -4.7% / 10.3%

Signals: Stretch>50% vs MA200

Reference levels

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

Entry readSLEEVE only ≈37.9 (or dip 38.3)

Reference stopclose<38.3 (raw, tight)

Reference target⅓ at 37.9, trail rest

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

extreme artificial activity (score 506); speculative profile — not core-quality. Phase: MID-MARKUP (52% >200-MA, flow neut) -> extended well above average. HIGH sharp-fall risk 23% (top-decile). History of artificial price activity (regulator-cited). PINNED/BOXED now (control-shift) — quiet accumulation, pre-markup; watch. Z-cat. ⚠ SOLVENCY DISTRESS (Altman Z -3.62, RECOVERING) — bankruptcy risk. high-risk. [fundamentals AT-RISK (dividend cut risk), yield 0.0%]