MEBL Meezan Bank could drop to 220 and 210 levelsMeezan Bank could drop to 220 and 210 levels and could bounce back to 264 level.
Note: Use Stop Loss and trade at your own will, This is not a buy/sell call.
Next report date
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Report period
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EPS estimate
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Revenue estimate
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58.70 PKR
85.43 B PKR
454.50 B PKR
453.70 M
About MEEZAN BANK LTD
Sector
Industry
CEO
Irfan Siddiqui
Website
Headquarters
Karachi
Founded
1997
ISIN
PK0077401013
FIGI
BBG000Q58R65
Meezan Bank Ltd. is a bank holding company, which provides Islamic banking products and services. It operates through following segments: Corporate and Commercial Banking, Retail Banking, Trading and Sales, and Others. The Corporate and Commercial Banking segment includes project finance, export finance, trade finance, Ijarah, guarantees and bills of exchange relating to its Corporate and Commercial customers, investment banking, syndications, IPO related activities, secondary private placements, underwriting and securitization. The Retail Banking Segment consists of retail financing, deposits and banking services offered to its retail customers and small and medium enterprises. The Trading and Sales segment includes equity, foreign exchanges, commodities, own securities and placements. The Others segment includes functions which cannot be classified in any of the above segments. The company was founded by Irfan Siddiqui on January 27, 1997 and is headquartered in Karachi, Pakistan.
MEBL, Bullish Rally ExpectedStarting with Bullish channel
Rectangular consolidation
After bearish Divergence, Consolidation is almost completed
Divergence diluted and RSI Synced
Seasonals Support Bullish moment as NOV is bullish 9/12 Times
Entry on break of rectangle
Stoploss below 235
A new bullish rally is expected
MEBLMEBL : The price action is currently positioned above the 50-day Exponential Moving Average (EMA), exhibiting a formation of small candles at the support level. This pattern suggests that the asset is maintaining its support zone. The Moving Average Convergence Divergence (MACD) indicator is situat
Meezan Bank Advance AnalysisUptrend Restart
Buy Signal:
Start buying at 212
Stop loss: 210
Take Profit: 224
Note: This is a short call, so wait and observe before taking action.
Boost: If you want more analysis, feel free to ask!
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MEBL : Hourly time frame, Bullish Reversal PatternDivergence between price and momentum depicting a probability of bullish reversal movement.
MEBL-PSXSHORT SELL
break the daily suupport and and also went out from channel
next buying zone is 210 Rs
MEBL - SUPPORT S3 ON DAILY PIVOTMEBL is currently on the S3 Level of Daily Pivot and has taken support at this level. It has also retraced more than 0.786 Fib level. if it is not able to sustain the current Price level then expected to go further down, levels given. on the contrary, for upside, levels also given.
MZN Bank PSXAfter consolidation for few weeks, meezan bank is looking bullish and ready for breakout.
MEBL PSXPrice is following up trend, marking HH, HL
After HH price is consolidation and taking support from Internal Trendline.
Expected potential upside marked as TP 1, TP 2.
SL also defines.
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of MEBL is 228.67 PKR — it has decreased by −0.78% in the past 24 hours. Watch MEEZAN BANK LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on PSX exchange MEEZAN BANK LTD stocks are traded under the ticker MEBL.
MEBL stock has fallen by −1.44% compared to the previous week, the month change is a −5.12% fall, over the last year MEEZAN BANK LTD has showed a 60.25% increase.
We've gathered analysts' opinions on MEEZAN BANK LTD future price: according to them, MEBL price has a max estimate of 290.00 PKR and a min estimate of 221.00 PKR. Watch MEBL chart and read a more detailed MEEZAN BANK LTD stock forecast: see what analysts think of MEEZAN BANK LTD and suggest that you do with its stocks.
MEBL reached its all-time high on Jun 21, 2024 with the price of 263.89 PKR, and its all-time low was 13.44 PKR and was reached on Mar 4, 2013. View more price dynamics on MEBL chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
MEBL stock is 1.75% volatile and has beta coefficient of 1.03. Track MEEZAN BANK LTD stock price on the chart and check out the list of the most volatile stocks — is MEEZAN BANK LTD there?
Today MEEZAN BANK LTD has the market capitalization of 410.40 B, it has decreased by −1.26% over the last week.
Yes, you can track MEEZAN BANK LTD financials in yearly and quarterly reports right on TradingView.
MEEZAN BANK LTD is going to release the next earnings report on Feb 26, 2025. Keep track of upcoming events with our Earnings Calendar.
MEBL net income for the last quarter is 26.18 B PKR, while the quarter before that showed 26.69 B PKR of net income which accounts for −1.92% change. Track more MEEZAN BANK LTD financial stats to get the full picture.
MEEZAN BANK LTD dividend yield was 12.39% in 2023, and payout ratio reached 41.91%. The year before the numbers were 8.22% and 32.58% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 10, 2024, the company has 17.88 K employees. See our rating of the largest employees — is MEEZAN BANK LTD on this list?
Like other stocks, MEBL 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 MEEZAN BANK 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 MEEZAN BANK LTD technincal analysis shows the sell today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MEEZAN BANK LTD stock shows the buy signal. See more of MEEZAN BANK 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.