SHARPIND

Sharp Industries PLC · Textile · Cat B

0/100

High risk

৳29.2

Score breakdown

Technical read

RSI (14)85.5

MACDbullish

Bollingerabove upper band

Price cycle (Wyckoff)MARKUP

Health trendstable

Flow pressureaccumulation

Valuation

Fair value ()

Upside—

Dividend yield+0.40%

Fundamental verdictWATCH

Confidence—

Levels

Resistance

Support

৳18.3

৳17.6

৳17

৳16

Historical bounce zones

Jun 24, 2025: ৳14.5→৳20.2 +39%

Aug 10, 2025: ৳17.2→৳20 +16%

Nov 13, 2025: ৳10.1→৳13.1 +30%

Dec 1, 2025: ৳11.8→৳13.8 +17%

Feb 1, 2026: ৳11.6→৳17.4 +50%

Mar 9, 2026: ৳14.4→৳17.6 +22%

Apr 29, 2026: ৳14.9→৳20.6 +38%

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: -6.8% / -1.4% / 6.2%

30-day 41% vs 42% market avg Typical move: -11.6% / -2.7% / 9.5%

Signals: RSI>70 overbought|Stretch>50% vs MA200|Above upper Bollinger|52w-high breakout|Stochastic>80

Reference levels

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

Entry readAVOID (no entry)

Reference stopif held: EXIT now / close<21.3

Reference target—

Timing noteexit / stay out

Elevated (score 153) — acceptable only with real earnings and sponsor backing; artificial-activity lens applies. Phase: PEAK-DISTRIBUTION (87% >200-MA, flow ACC). HIGH sharp-fall risk 61% (top-decile). HIGH-BETA 1.4 — amplifies market ~1.4x (drawdown risk in a downturn). ⚠ PAPER-PROFIT — reports profit but NEGATIVE cash flow (accrual red flag; earnings not real cash). [fundamentals WATCH, payout 91.0%, yield 0.4%]

Market activity

Block activity

Block trade ৳2.6M (1 trade), 5.9× normal public volume, institutional ownership +0.4pp.