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Shams Textile Mills Limited (STML) Technical Analysis on PSX
As of 06-Nov 04:44 PM, Shams Textile Mills Limited (STML), listed in the Textile Composite sector, traded at PKR 54.58 on the Pakistan Stock Exchange. The short-term trend is neutral (sideways) with strong strength and the long-term trend is neutral (sideways). The nearest short-term support zone is PKR 39.85 – 40.20 and the nearest short-term resistance zone is PKR 54.58 – 54.93.
STML key levels and trend
| Sector | Textile Composite |
|---|---|
| Last price (PKR) | 54.58 |
| Short-term trend | neutral (sideways), strong strength |
| Long-term trend | neutral (sideways) |
| Short-term support zone (PKR) | 39.85 – 40.20 |
| Short-term resistance zone (PKR) | 54.58 – 54.93 |
| Long-term support zone (PKR) | 37.22 – 40.20 |
| Long-term resistance zone (PKR) | 54.58 – 57.56 |
| Distance to nearest support | 26.3% |
| Distance to nearest resistance | 0.0% |
| Data as of | 06-Nov 04:44 PM |
Levels are calculated by FoxLogica's analyzer from PSX price history and refreshed after each trading day. They are zones, not exact prices, and can change quickly.
How to read support and resistance
Support is a price area where a stock has often stopped falling because buyers stepped in. Resistance is an area where rises have often stalled because sellers appeared. When price is close to support, the stock is near the lower edge of its recent range; close to resistance, near the upper edge. A move beyond either zone can signal a breakout or a breakdown, but many such moves fail, so traders usually combine levels with volume and a plan for limiting losses.
Frequently asked questions about STML
What is the current support level for STML?
FoxLogica's analyzer shows a short-term support zone of PKR 39.85 – 40.20 and a longer-term support zone of PKR 37.22 – 40.20 for STML, as of 06-Nov 04:44 PM. Support is a price area where buying interest has tended to slow declines.
What is the current resistance level for STML?
The short-term resistance zone is PKR 54.58 – 54.93 and the longer-term resistance zone is PKR 54.58 – 57.56, as of 06-Nov 04:44 PM. Resistance is a price area where selling pressure has tended to stop rises.
Is STML in an uptrend or a downtrend?
As of 06-Nov 04:44 PM, the short-term trend for STML is neutral (sideways) (strong strength) and the long-term trend is neutral (sideways). Trends change, so check the latest data before relying on them.
How far is STML from support and resistance?
At PKR 54.58, STML is about 26.3% above the nearest support and 0.0% below the nearest resistance, based on the analyzer data as of 06-Nov 04:44 PM.
Is this financial advice?
No. This page is educational. It shows technical levels calculated from price history and is not personalized advice, a recommendation to buy or sell, or a forecast. Trading involves substantial risk of loss.
Other Textile Composite stocks
- Suraj Cotton Mills Limited (SURC)
- Towellers Limited (TOWL)
- Zahidjee Textile Mills Limited (ZAHID)
- Artistic Denim Mills Limited (ADMM)
- Azgard Nine Limited (ANL)
- AN Textile Mills Limited (ANTM)
- Bhanero Textile Mills Limited (BHAT)
- Blessed Textiles Limited (BTL)
!now STML.Disclaimer: Trading in stocks and securities involves substantial risk of loss. FoxLogica provides educational content, analytical tools and community insights, not personalized licensed financial advice, and is not a registered brokerage or advisory firm unless separately stated. Past performance is not indicative of future results. Do your own research.