SHSML (PSX)

SHSML PSX

Shahmurad Sugar Mills

STAY LONG

399.28

Prev.Close

399.28

Change

0.0000

Change%

0.00%

BEARISH MATCHING HIGH

Bought at

371.85

Open

371.50

High

399.28

Low

371.50

399.28

Gain%

+7.38%

Signal History

Date	Price	Signal	Change%		PKR100⇨
01/04	371.85	BUY	+7.4%	✔	85
16/03	376.22	SELL	-1.2%	✔	85
19/02	392.98	BUY	-4.3%	❌	90
09/02	402.20	SHORT	-2.3%	✔	89
03/02	399.41	BUY	+0.7%	✔	90
18/12	475.85	SELL	-16.1%	✔	90
08/12	462.91	BUY	+2.8%	✔	88
02/12	456.39	SELL	+1.4%	❌	89
27/11	463.84	BUY	-1.6%	❌	91
18/11	445.70	SHORT	+4.1%	❌	96
03/11	447.84	BUY	-0.5%	❌	98
29/10	450.53	SELL	-0.6%	✔	99
20/10	449.89	BUY	+0.1%	✔	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 STAY LONG. The previous BUY signal was issued on 01/04/2026, 9 days ago, when the stock price was 371.85. Since then, SHSML has risen by +7.38%.

Market Outlook

Today's candlestick analysis unveiled a new bearish pattern, signaling market participants to remain vigilant. Market focus has shifted to the downside. Based on this pattern, in response to the emerging market bearishness, the system has established new confirmation and stop-loss levels. The signal tells us to STAY LONG, but the chance of a bearish confirmation that will change the signal to <SELL is very high. The Delayed Intraday Module is ON. Given the risks involved, we highly recommend closely monitoring intraday price movements.

Pattern Description

This pattern occurs when two consecutive white candlesticks appear in an uptrend, both having equal closing prices. It signals that a top has been reached, as the new high was tested but failed to hold, indicating a strong resistance level. more...

Date	Price	Signal	Change%		PKR100⇨
01/04	371.85	BUY	+7.4%	✔	124
16/03	376.22	SELL	-1.2%	✔	125
19/02	392.98	BUY	-4.3%	❌	132
09/02	402.20	SHORT	-2.3%	✔	131
03/02	399.41	BUY	+0.7%	✔	132
18/12	475.85	SELL	-16.1%	✔	133
08/12	462.91	BUY	+2.8%	✔	130
02/12	456.39	SELL	+1.4%	❌	131
27/11	463.84	BUY	-1.6%	❌	134
18/11	445.70	SHORT	+4.1%	❌	142
03/11	447.84	BUY	-0.5%	❌	144
29/10	450.53	SELL	-0.6%	✔	145
20/10	449.89	BUY	+0.1%	✔	146
09/10	467.16	SHORT	-3.7%	✔	143
01/10	492.00	BUY	-5.0%	❌	153
16/09	500.00	SELL	-1.6%	✔	154
27/08	439.03	BUY	+13.9%	✔ 👍	136
22/08	424.13	SHORT	+3.5%	❌	143
12/08	427.94	BUY	-0.9%	❌	146
30/07	432.66	SELL	-1.1%	✔	147
14/07	381.41	BUY	+13.4%	✔ 👍	131
09/07	365.16	SELL	+4.5%	❌	132
26/06	360.00	BUY	+1.4%	✔	131
24/06	360.12	SHORT	0.0%	✔	132
13/06	362.00	BUY	-0.5%	❌	135
05/06	359.31	SHORT	+0.7%	❌	138
06/05	373.32	BUY	-3.8%	❌	145
16/04	388.88	SELL	-4.0%	✔	146
15/04	397.59	BUY	-2.2%	❌	151
09/04	389.03	SHORT	+2.2%	❌	156
07/04	395.69	BUY	-1.7%	❌	161
03/04	390.72	SELL	+1.3%	❌	162
20/03	377.48	BUY	+3.5%	✔	158
04/03	397.41	SELL	-5.0%	✔	159
11/02	378.95	BUY	+4.9%	✔	153
04/02	378.62	SHORT	+0.1%	❌	155
30/01	399.64	BUY	-5.3%	❌	166
28/01	373.50	SHORT	+7.0%	❌	181
24/01	407.86	BUY	-8.4%	❌	200
17/01	424.91	SHORT	-4.0%	✔	195