No Session Today
View all rates

EGX33 Shariah technical analysis

A descriptive read of the index and its members: trend, momentum, pivot levels, and the strongest and weakest stocks, with no buy or sell recommendations.

← Back to EGX33 Shariah (live price and constituents)

As of the October 7, 2026 close, the technical read for EGX33 Shariah is "Uptrend" at 6,601.50 points. RSI is 54.1, with the 20-session average at 6,561.86 against the 50-session at 6,520.95. Nearest resistance is 6,626.15 and nearest support 6,562.23, with the pivot at 6,586.87. This is a descriptive read of completed sessions, not a buy or sell recommendation.

Trend state and momentum

A descriptive reading of the index and its constituents, without buy or sell recommendations.

Technical index state

Uptrend

Calculated through session 2026-10-07

Trend indicators in agreement
4 of 5
Not a probability or a forecast
20-session move
-2.40%
RSI (14)
54.1
Weak momentum
20-session average
6,561.86
50-session average
6,520.95

Scaled to the EGX indices’ own distribution: median 61, with 32% of sessions above 70.

Computed from the 2026-07-29 session through the 2026-10-07 session

Index movement over 20 sessions

Daily candles for the last 20 sessions; detailed levels are listed below the chart.

-2.40%

Movement and momentum details

Movement
5-session move
+5.59%
60-session move
+12.10%
Last close
6,601.50
Momentum
MACD
-0.71
Negative, pressure easing
MACD momentum
2.82
Volatility
Average True Range (ATR)
125.24
Range as % of index
1.90%
Daily volatility · 20 sessions
1.41%

Computed from the 2026-07-13 session through the 2026-10-07 session

Support and resistance levels with pivots

Classic levels derived from the latest session high, low, and close, plus the 20-session range.

Resistances
Third resistance R3
6,690.07
Second resistance R2
6,650.79
First resistance R1
6,626.15
Pivot
Pivot point
6,586.87
Supports
First support S1
6,562.23
Second support S2
6,522.95
Third support S3
6,498.31
Last 20 sessions range
20-session high
6,815.03
20-session low
6,124.07

Computed from the 2026-10-07 session alone

Computed from the 2026-09-10 session through the 2026-10-07 session

Market breadth

A straight count over the constituents that traded this session, no weighting.

Advancing
18 of 34
Declining
15 of 34
Above the 20-session average
12 of 34
Above the 50-session average
15 of 34

Computed from the 2026-10-07 session alone

Index stars and constituent liquidity

Best performer over 20 sessions
Telecom Egypt
Computed from the 2026-09-09 session through the 2026-10-07 session
+17.47%
Star of the week
Lecico Egypt
Completed trading week from 2026-09-27 to 2026-10-01 · window updates Friday
+6.86%
Constituent liquidity
2.02 bn EGP
Estimated traded value from price × volume for available constituents
20-session average liquidity: 2.25 bn EGP
-10.17% versus average

Top 5 gainers · 20 sessions

  1. 1Telecom Egypt
    +17.47%
  2. 2E-finance For Digital and Financial Investments
    +5.21%
  3. 3Mansourah Poultry
    +4.37%
  4. 4Orascom Construction PLC
    +2.10%
  5. 5Faisal Islamic Bank of Egypt - In US Dollars
    +1.41%

Top 5 losers · 20 sessions

  1. 1Orascom Development Egypt
    -71.26%
  2. 2Edita Food Industries S.A.E
    -40.41%
  3. 3Misr Cement (Qena)
    -18.22%
  4. 4Six of October Development & Investment (SODIC)
    -17.74%
  5. 5Tenth Of Ramadan Pharmaceutical Industries&Diagnostic-Rameda
    -14.13%

This is descriptive analysis based on historical data, not a buy or sell recommendation for the index or its constituents.

Frequently Asked Questions

What does the trend state shown for EGX33 Shariah mean?

The state describes where the index sits against its moving averages and momentum, it is not a recommendation. It is derived from five inputs: index vs its 20-session average, the 20-session average vs the 50, MACD momentum, RSI, and the last five sessions. The agreement figure states how many of those five support the direction shown.

How are the pivot, resistance and support levels calculated?

From the last completed session's high, low and close using the classic formulas: pivot = (high + low + close) ÷ 3, first resistance = (2 × pivot) − low, first support = (2 × pivot) − high. These describe price zones; they are not targets or recommendations.

When is the data updated?

The analysis is computed from completed sessions only, so it updates after each close. Today's session is excluded until it finishes, so a partial candle cannot produce a misleading read. The weekly star rolls on Friday to the last completed Sunday–Thursday trading week.

Where are the current support and resistance levels for EGX33 Shariah?

As of the October 7, 2026 close, nearest resistance is 6,626.15 points and nearest support 6,562.23 points, with the pivot at 6,586.87. These come from the classic formulas applied to the last completed session's high, low and close, and describe price zones, not targets or recommendations.