SHASHADNIM
Shasha Denims PLC. · Textile · Cat B22/100
Weak
৳27.0
Score breakdown
Technical read
RSI (14)86.4
MACDbullish
Bollingerabove upper band
Price cycle (Wyckoff)DIST
Health trendimproving
Flow pressureaccumulation
Valuation
Fair value26.5 (18.6-34.5)
Upside-2.00%
Dividend yield+1.90%
Fundamental verdictWATCH
ConfidenceLOW (re-rate ceiling, not target)
Levels
Resistance
৳27
৳28.2
৳30
৳30.9
Support
৳26
৳25
৳23.9
৳23.1
Historical bounce zones
Oct 21, 2024: ৳18.6→৳21.9 +18%
Feb 5, 2025: ৳17.4→৳20.4 +17%
May 29, 2025: ৳16→৳19.7 +23%
Jun 23, 2025: ৳16.7→৳21.7 +30%
Nov 16, 2025: ৳13.8→৳16.9 +22%
Dec 29, 2025: ৳15→৳18.3 +22%
Feb 8, 2026: ৳16.4→৳19.4 +18%
Mar 8, 2026: ৳17.6→৳20.8 +18%
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: -5.7% / -1.1% / 5.1%
30-day 41% vs 42% market avg Typical move: -9.5% / -2% / 8.3%
Signals: RSI>70 overbought|Above upper Bollinger|Stochastic>80|Bearish Harami
Reference levels
Descriptive reference points from the analysis — not instructions to buy or sell.
Entry readWAIT (until clears both axes)
Reference stopn/a
Reference target—
Timing notewatch; no fresh money
Elevated (score 136) — acceptable only with real earnings and sponsor backing; artificial-activity lens applies. Phase: MID-MARKUP (43% >200-MA, flow ACC). Elevated sharp-fall risk 14%. Solvency GREY zone (Altman Z 1.19, STABLE) — watch balance sheet. [fundamentals WATCH, payout 32.0%, yield 1.9%]