MEHT Mehmood Textile Mills Limited
Rs 207.26
-8.32%
Strong Sell
Confidence 66% · Short-term · Medium-term · Long-term
One of the weakest names on the board — clear downtrend.
Price · 6-month trend
50-day avg
200-day avg
52-week low Rs 206.29
52-week high Rs 426.80
Key levels
- Support (floor)—
- Resistance (ceiling)Rs 248.21
- Suggested stop-lossRs 224.18
- Suggested targetRs 183.57
- Day rangeRs 203.46 – 227.00
- Volume638K
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 weak (RSI 36).
- Today's fall came on heavy volume (15.9× normal) — strong selling.
- Down 6.6% over the last month — recent momentum is negative.
- Price is stretched below its normal range — beaten down in the short term.
- It is lagging the KSE-100 (-6.6% vs +7.6% over ~1 month) — a laggard.
AI Analyst view
SellMehmood Textile is in a firm downtrend with weak momentum. Textiles face cost pressure and soft export demand.
Reviewed 1 hr ago · factors in Pakistan business news, government policy & expert views
The numbers
RSI (14)36Weak momentum
MACD-4.03Momentum negative
TrendDownBelow both averages
Volume vs avg15.9×Heavy participation
1-month change-6.6%
50-day avgRs 234.09
200-day avgRs 270.28
Bollinger %B-5%Near bottom of range
Based on 784 days of price history · updated 1 hr ago