RINGSHINE
Ring Shine Textiles Limited · Textile · Cat Z0/100
High risk
৳3.70
Score breakdown
Technical read
RSI (14)53.5
MACDbullish
Bollingerinside bands (+0.3σ)
Price cycle (Wyckoff)
Health trenddeteriorating
Flow pressureaccumulation
Valuation
Fair value ()
Upside—
Dividend yield+0.00%
Fundamental verdictAT-RISK
Confidence—
Levels
Resistance
৳3.8
৳4
৳4.2
৳4.4
Support
৳3.6
৳3.4
৳3.2
৳3.1
Historical bounce zones
Feb 1, 2026: ৳2.6→৳3.5 +35%
Feb 19, 2026: ৳2.9→৳3.6 +24%
Mar 1, 2026: ৳3→৳4 +33%
Mar 9, 2026: ৳3.2→৳3.7 +16%
Mar 11, 2026: ৳3.4→৳4.4 +29%
Apr 6, 2026: ৳3.3→৳3.9 +18%
Apr 19, 2026: ৳3.4→৳4.4 +29%
May 20, 2026: ৳3.3→৳4.2 +27%
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 309); speculative profile — not core-quality. Phase: DORMANT (17% >200-MA, flow ACC) -> watch. Z-cat. HIGH-BETA 1.42 — amplifies market ~1.42x (drawdown risk in a downturn). ⚠ SOLVENCY DISTRESS (Altman Z -6.87, DETERIORATING) — bankruptcy risk. high-risk. [fundamentals AT-RISK (dividend cut risk), yield 0.0%]