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PSX
Index
fx
MII30
PSX
Mahaana Islamic Index
SELL
Close
23975
Prev.Close
24216
Change
-241.0000
Change%
-1.00%
BEARISH THREE GAP UPS
Sold at
24041.5
Open
24261
High
24276
Low
23970
Close
23975
Gain%
-0.28%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
PKR100⇨
07/07
24042
SELL
-0.3%
98
01/07
23683
BUY
+1.5%
✔
98
29/06
23296
SELL
+1.7%
❌
98
24/06
23462
BUY
-0.7%
❌
100
19/06
23296
SELL
+0.7%
❌
100
16/06
23218
BUY
+0.3%
✔
101
08/06
21967
SELL
+5.7%
❌
101
20/05
21298
BUY
+3.1%
✔
99
13/05
21806
SELL
-2.3%
✔
100
05/05
21284
BUY
+2.5%
✔
98
29/04
21763
SELL
-2.2%
✔
99
01/04
20051
BUY
+8.5%
✔
92
27/03
20078
SHORT
-0.1%
✔
93
18/03
19687
BUY
+2.0%
✔
92
09/03
19151
SHORT
+2.8%
❌
96
05/03
20245
BUY
-5.4%
❌
103
16/02
22984
SHORT
-11.9%
✔
93
11/02
23581
BUY
-2.5%
❌
97
06/02
23939
SHORT
-1.5%
✔
97
23/01
24340
BUY
-1.7%
❌
100
21/01
24082
SELL
+1.1%
❌
101
16/01
23531
BUY
+2.3%
✔
99
† Trade commissions are taken as 0.70%.
Date
Price
Signal
Change%
PKR100⇨
07/07
24042
SELL
-0.3%
106
01/07
23683
BUY
+1.5%
✔
105
29/06
23296
SELL
+1.7%
❌
106
24/06
23462
BUY
-0.7%
❌
107
19/06
23296
SELL
+0.7%
❌
108
16/06
23218
BUY
+0.3%
✔
109
08/06
21967
SELL
+5.7%
❌
109
20/05
21298
BUY
+3.1%
✔
107
13/05
21806
SELL
-2.3%
✔
108
05/05
21284
BUY
+2.5%
✔
106
29/04
21763
SELL
-2.2%
✔
106
01/04
20051
BUY
+8.5%
✔
99
27/03
20078
SHORT
-0.1%
✔
100
18/03
19687
BUY
+2.0%
✔
99
09/03
19151
SHORT
+2.8%
❌
104
05/03
20245
BUY
-5.4%
❌
111
16/02
22984
SHORT
-11.9%
✔
101
11/02
23581
BUY
-2.5%
❌
105
06/02
23939
SHORT
-1.5%
✔
105
23/01
24340
BUY
-1.7%
❌
108
21/01
24082
SELL
+1.1%
❌
109
16/01
23531
BUY
+2.3%
✔
107
08/01
23855
SELL
-1.4%
✔
108
02/01
23048
BUY
+3.5%
✔
105
31/12
22725
SELL
+1.4%
❌
106
26/12
22484
BUY
+1.1%
✔
105
17/12
22242
SELL
+1.1%
❌
106
15/12
22458
BUY
-1.0%
❌
108
11/12
22151
SELL
+1.4%
❌
109
08/12
22048
BUY
+0.5%
✔
109
02/12
22010
SELL
+0.2%
❌
110
27/11
21312
BUY
+3.3%
✔
107
24/11
21097
SELL
+1.0%
❌
108
20/11
21281
BUY
-0.9%
❌
109
18/11
21009
SHORT
+1.3%
❌
112
14/11
21155
BUY
-0.7%
❌
115
12/11
20617
SHORT
+2.6%
❌
119
10/11
21095
BUY
-2.3%
❌
124
05/11
21037
SHORT
+0.3%
❌
126
03/11
21371
BUY
-1.6%
❌
130
06/10
22497
SELL
-5.0%
✔
131
16/09
21040
BUY
+6.9%
✔
123
11/09
21000
SELL
+0.2%
❌
124
29/08
19416
BUY
+8.2%
✔
115
22/08
19532
SELL
-0.6%
✔
116
28/07
18183
BUY
+7.4%
✔
109
21/07
17793
SELL
+2.2%
❌
110
24/06
16474
BUY
+8.0%
✔
102
10/06
16546
SELL
-0.4%
✔
103
29/05
16433
BUY
+0.7%
✔
103
23/05
16459
SELL
-0.2%
✔
104
21/05
16582
BUY
-0.7%
❌
105
19/05
16562
SELL
+0.1%
❌
106
12/05
16046
BUY
+3.2%
✔
104
23/04
16320
SHORT
-1.7%
✔
103
14/04
16318
BUY
0.0%
✔
105
07/04
16349
SELL
-0.2%
✔
105
06/03
15471
BUY
+5.7%
✔
100
26/02
15613
SHORT
-0.9%
✔
101
18/02
15442
BUY
+1.1%
✔
101
03/01
16697
SELL
-7.5%
✔
102
30/12
15948
BUY
+4.7%
✔
98
26/12
15985
SELL
-0.2%
✔
99
23/12
15882
BUY
+0.7%
✔
99
18/12
16361
SELL
-2.9%
✔
100
28/11
13698
BUY
+19.4%
✔ 👍
84
26/11
13537
SHORT
+1.2%
❌
86
19/11
13612
BUY
-0.6%
❌
88
12/11
13339
SELL
+2.0%
❌
88
04/11
12970
BUY
+2.8%
✔
87
31/10
12691
SELL
+2.2%
❌
87
23/10
12332
BUY
+2.9%
✔
85
18/10
11937
SELL
+3.3%
❌
86
16/10
11991
BUY
-0.4%
❌
87
11/10
11959
SELL
+0.3%
❌
88
04/10
11721
BUY
+2.0%
✔
86
27/09
11563
SELL
+1.4%
❌
87
04/09
11493
BUY
+0.6%
✔
87
13/08
11412
SHORT
+0.7%
❌
89
08/08
11283
BUY
+1.1%
✔
89
26/07
11486
SHORT
-1.8%
✔
89
24/07
11651
BUY
-1.4%
❌
92
22/07
11661
SELL
-0.1%
✔
92
15/07
11849
BUY
-1.6%
❌
94
12/07
11688
SHORT
+1.4%
❌
97
09/07
11805
BUY
-1.0%
❌
99
† Trade commissions are taken as 0.70%.
Pattern & Confirmation Chart for the Last 6 Months
Signal Update
Today's recommendation from our system is to
SELL
. The
BEARISH THREE GAP UPS
pattern has finally received confirmation because the values crossed below the confirmation level at 24118, and our valid average selling value now stands at 24042. The previous
BUY
signal was issued on 01/07/2026, 6 days ago, when the index value was 23683. Since then,
MII30
has risen by
+1.52%
.
Market Outlook
We may be at a market top or at the beginning of a correction. The market has lost momentum, and traders are now more aligned in their bearish outlook. The compelling evidence suggests it's prudent to consider closing long positions. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a <
SELL
signal is generated. You still have time to act on the signal, and then you can begin evaluating other securities for a potential bullish bet.
Pattern Description
This is a four-day bearish reversal pattern. It consists of three consecutive days, each opening with a gap up. After Three Gap Ups, the market becomes significantly overbought, signaling a potential reversal of the current uptrend.
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