BECO Beco Steel Limited
Rs 5.42
+0.18%
Strong Sell
Confidence 64% · Medium-term · Long-term
Same steel-sector squeeze — weak trend, avoid for now.
Price · 6-month trend
50-day avg
200-day avg
52-week low Rs 1.78
52-week high Rs 8.18
Key levels
- Support (floor)Rs 5.32
- Resistance (ceiling)Rs 5.71
- Suggested stop-lossRs 5.62
- Suggested targetRs 5.32
- Day rangeRs 5.34 – 5.52
- Volume6.86M
Why this signal — in plain English
- Price is below both its 50-day and 200-day averages, which are stacked bearishly — an established downtrend.
- Selling pressure is building (MACD is negative) — momentum is turning down.
- Momentum is neutral (RSI 46).
- Volume is around normal (1.2× average).
- Down 4.1% over the last month — recent momentum is negative.
- Price is trading within its normal range.
- It is lagging the KSE-100 (-4.1% vs +7.6% over ~1 month) — a laggard.
AI Analyst view
SellBeco Steel faces the same high-rate, high-energy headwinds with a weak price trend. Wait for a construction/rate turn.
Reviewed 1 hr ago · factors in Pakistan business news, government policy & expert views
The numbers
RSI (14)46Neutral
MACD-0.01Momentum negative
TrendDownBelow both averages
Volume vs avg1.2×Normal participation
1-month change-4.1%
50-day avgRs 5.53
200-day avgRs 5.61
Bollinger %B26%Mid-range
Based on 1196 days of price history · updated 1 hr ago