EPCL, Weekly Bearish TrendWeekly Bearish Channel
Broken weekly support @ 40
Currently Retesting Support
Weekly closing above 40 will target it towards 52
Fail to break 40 will be an opportunity for short
short target 21-25
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1.22 PKR
8.93 B PKR
81.27 B PKR
206.31 M
About ENGRO POLYMER & CHEMICALS LTD
Sector
CEO
Abdul Qayoom Shaikh
Headquarters
Karachi
Website
Founded
1997
ISIN
PK0092201018
FIGI
BBG000DTJQ03
Engro Polymer & Chemicals Ltd. engages in manufacture, marketing, and sale of chlor-vinyl chemicals. It operates through the following segments: Poly Vinyl Chloride (PVC) and Allied Chemicals, Caustic Soda and Allied Chemicals, and Power Supply. The PVC and Allied Chemicals segment produces and sells PVC and allied chemicals to various industrial customers including pipe manufacturers, shoe, and packaging industry. The Caustic Soda and Allied Chemicals segment is involved in the manufacture and sell of caustic soda and allied chemicals mostly to textile and soap industry. The Power Supply segment focuses on supplies of surplus power generated from its power plants to Engro Fertilizers Limited. The company was founded in 1997 and is headquartered in Karachi, Pakistan.
EPCL is ready to fly to 45EPCL has broken bearish trend and now it could fly to 45 level
Use Stop Loss as per your risk taking methodology
Note: this is not a buy/sell call. This is analysis
EPCL - Long EPCL has given a breakout of a very strong trendline and there is a bullish divergence adding confluence of a trend reversal. Hence, going long on EPCL in PSX.
EPCL is BullishPrice was in a strong downtrend, however a bullish divergence led to the break of previous lower high indicating the control of bulls, if the pressure sustains then we can expect a bullish reversal. However, caution must be practiced as it is a risky setup. There is a high probability that the asset
EPCL🚀 Stock Alert: EPCL
📈 Investment View: Technically Bullish 📈
🔍 Quick Info:
📈 Entry Level: 43.30
🎯 Target Level: 45.50
⚠ Stop Loss: 42.20
⏳ Nature of Trade: Short Term (Scalping)
📉 Risk Level: Medium
☪ Shariah Compliant: YES
💰 Dividend Paying: YES
📰 Technical View: The current price movement is eva
EPCL breaks continuation pattrenContinuation patterns, including triangles, flags, pennants, and rectangles, provide some logic on what the market may do. Often these patterns are seen mid-trend and indicate a continuation of that trend, once the pattern is complete.
Though there is Bullish Divergence on Weekly TF butThough there is Bullish Divergence on Weekly TF but
it broke its Important Support around 40.
Last Week's Candle is a Doji Candle; now coming
week's Candle would decide its next move.
Also Currently, it is Near Trendline Support; lets see
if it is respected or not.
If it isn't sustained, we may wit
Bullish on EPCLI expect epcl to explode from current levels and make new highs. According to time cycles the stock consolidate for 3.5 years approx before every bullish cycle. Each time after cosolidation the stock has given a 3x retrun to its shareholders.
EPCL is BullishEPCL has broken previous lower high and hence is looking good for an upward move. Targets are mentioned on the chart.
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of EPCL is 36.89 PKR — it has decreased by −2.59% in the past 24 hours. Watch ENGRO POLYMER & CHEMICALS LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on PSX exchange ENGRO POLYMER & CHEMICALS LTD stocks are traded under the ticker EPCL.
EPCL stock has fallen by −7.73% compared to the previous week, the month change is a −1.18% fall, over the last year ENGRO POLYMER & CHEMICALS LTD has showed a −19.63% decrease.
We've gathered analysts' opinions on ENGRO POLYMER & CHEMICALS LTD future price: according to them, EPCL price has a max estimate of 42.10 PKR and a min estimate of 33.00 PKR. Watch EPCL chart and read a more detailed ENGRO POLYMER & CHEMICALS LTD stock forecast: see what analysts think of ENGRO POLYMER & CHEMICALS LTD and suggest that you do with its stocks.
EPCL reached its all-time high on Apr 26, 2022 with the price of 93.48 PKR, and its all-time low was 6.84 PKR and was reached on Jan 15, 2013. View more price dynamics on EPCL chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
EPCL stock is 3.53% volatile and has beta coefficient of 0.60. Track ENGRO POLYMER & CHEMICALS LTD stock price on the chart and check out the list of the most volatile stocks — is ENGRO POLYMER & CHEMICALS LTD there?
Today ENGRO POLYMER & CHEMICALS LTD has the market capitalization of 33.49 B, it has decreased by −4.56% over the last week.
Yes, you can track ENGRO POLYMER & CHEMICALS LTD financials in yearly and quarterly reports right on TradingView.
ENGRO POLYMER & CHEMICALS LTD is going to release the next earnings report on Feb 26, 2025. Keep track of upcoming events with our Earnings Calendar.
EPCL net income for the last quarter is −698.44 M PKR, while the quarter before that showed −688.43 M PKR of net income which accounts for −1.45% change. Track more ENGRO POLYMER & CHEMICALS LTD financial stats to get the full picture.
ENGRO POLYMER & CHEMICALS LTD dividend yield was 12.78% in 2023, and payout ratio reached 65.81%. The year before the numbers were 29.54% and 101.06% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Dec 25, 2024, the company has 596.00 employees. See our rating of the largest employees — is ENGRO POLYMER & CHEMICALS LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. ENGRO POLYMER & CHEMICALS LTD EBITDA is 9.22 B PKR, and current EBITDA margin is 26.10%. See more stats in ENGRO POLYMER & CHEMICALS LTD financial statements.
Like other stocks, EPCL shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade ENGRO POLYMER & CHEMICALS LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So ENGRO POLYMER & CHEMICALS LTD technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating ENGRO POLYMER & CHEMICALS LTD stock shows the sell signal. See more of ENGRO POLYMER & CHEMICALS LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.