MIIETF
Strong Sell
Mahaana Islamic Index ETF Share Price Today, Live PSX Chart & Forecast (PSX: MIIETF) Mahaana Islamic Index ETF
Open
Rs 16.60
High
Rs 16.60
Low
Rs 16.40
Prev close
Rs 16.53
Volume
655,500
Turnover
Rs 10.8M
AI verdict · rule-engine-v2
Strong Sell
52% confidence · Short Term
Our model is bearish on MIIETF. It has called this stock correctly 45.6% of the time over 149 out-of-sample checks. See what drove this ↓
Target
Rs 15.69
Exp. return
-4.5%
MIIETF share price and analysis
Mahaana Islamic Index ETF (MIIETF) last traded at Rs 16.43 on the Pakistan Stock Exchange, where it fell 0.61% on the session of 7 September 2026. Volume was 655,500 shares, a turnover of Rs 10.8 million. Over the past year the share has traded between Rs 14.79 and Rs 19.27, putting the current price around the middle of that range.
The price sits below both its 20-day (16.82) and 50-day (16.81) moving averages, which is the configuration usually read as a downtrend. The 14-day RSI is 45.0, a neutral reading. ADX at 31.3 indicates a trending market rather than a range.
It trades on a price-to-earnings ratio of 16.0, meaning the market is paying about Rs 16.0 for every rupee of annual earnings. Earnings per share stand at Rs 1.03. The trailing dividend yield is 7.54%, which is the income a holder receives at the current price before any capital movement. Return on equity is 16.9%. A beta of 1.60 means the share has historically moved more sharply than the wider market.
Its price-to-earnings ratio of 16.0 compares with the Other median of 10.1, so it is priced at a clear premium to its sector. Its trailing dividend yield of 7.54% sits above the 3.42% median for the sector. Sector medians are taken across the companies we hold fundamentals for and move as those are restated.
Our forecasting model currently reads MIIETF as strong sell over a short term horizon, at 52% confidence. Its target price is Rs 15.69, an expected return of -4.5%. The model is computed from the price and indicator history shown on this page. It does not read news, financial statements or management changes, and it is not a recommendation to buy or sell.
This summary is generated from the end-of-day prices and indicators shown on this page and is refreshed after each trading session. It describes the data; it is not a recommendation. See how we collect and check this data and our disclaimer.
MIIETF technical indicators — RSI, MACD & moving averages
Price chart
RSI (14)
MACD (12, 26, 9)
RSI 14
45.0
Stoch %K
1.3
ADX 14
31.3
Williams %R
-98.7
SMA 20
16.82
SMA 50
16.81
MACD
-0.077
ATR 14
0.246
BB Upper
17.74
BB Lower
15.89
Momentum
-0.23
Tech score
31
MIIETF AI forecast & accuracy
rule-engine-v2directional accuracy over 149 backtested 10-day forecasts on this stock's history
- Target
- Rs 15.69
- Stop
- Rs 16.80
- Support
- Rs 16.40
- Resistance
- Rs 18.68
- Exp. return
- -4.49%
- Risk
- 51.73/100
Why
MIIETF shows strongly bearish conditions. Overall score 43/100. Drivers: Price below the 50-day average (downtrend); Histogram negative — momentum fading; Oversold (%K 1); Strong trend (ADX 31). Suggested action: Strong Sell; trend and momentum favour caution. This is an automated model assessment, not financial advice.
Generated by rule-engine-v2 from the indicators above. It does not read news, filings or management changes — see how this works.
MIIETF fundamentals & valuation ratios
- Market cap
- —
- P/E
- 16.0
- EPS
- 1.03
- P/B
- 4.4
- Div yield
- 7.54%
- ROE
- 16.9%
- Beta
- 1.60
- Volatility
- 32.8%
MIIETF price history — last 30 sessions
| Date | Open | High | Low | Close | Change | Volume |
|---|---|---|---|---|---|---|
| Mon, 7 Sep 2026 | 16.60 | 16.60 | 16.40 | 16.43 | -0.61% | 655,500 |
| Fri, 4 Sep 2026 | 16.52 | 16.53 | 16.52 | 16.53 | +0.06% | 470,500 |
| Thu, 3 Sep 2026 | 16.50 | 16.52 | 16.50 | 16.52 | +0.12% | 459,500 |
| Wed, 2 Sep 2026 | 16.66 | 16.66 | 16.50 | 16.50 | -0.96% | 1,105,500 |
| Tue, 1 Sep 2026 | 16.64 | 16.66 | 16.64 | 16.66 | +0.12% | 808,500 |
| Mon, 31 Aug 2026 | 16.70 | 16.70 | 16.64 | 16.64 | -0.36% | 564,500 |
| Fri, 28 Aug 2026 | 16.61 | 16.70 | 16.61 | 16.70 | +0.54% | 357,500 |
| Thu, 27 Aug 2026 | 16.72 | 16.72 | 16.61 | 16.61 | -0.66% | 562,000 |
| Tue, 25 Aug 2026 | 18.68 | 18.68 | 16.72 | 16.72 | -10.49% | 647,000 |
| Mon, 24 Aug 2026 | 16.66 | 18.68 | 16.66 | 18.68 | +12.12% | 35,500 |
| Fri, 21 Aug 2026 | 16.59 | 16.66 | 16.59 | 16.66 | +0.42% | 300,000 |
| Thu, 20 Aug 2026 | 16.60 | 16.60 | 16.59 | 16.59 | -0.06% | 364,500 |
| Wed, 19 Aug 2026 | 16.70 | 16.70 | 16.60 | 16.60 | -0.60% | 548,000 |
| Tue, 18 Aug 2026 | 16.97 | 16.97 | 16.70 | 16.70 | -1.59% | 792,000 |
| Mon, 17 Aug 2026 | 16.89 | 16.97 | 16.89 | 16.97 | +0.47% | 432,000 |
| Thu, 13 Aug 2026 | 16.91 | 16.91 | 16.89 | 16.89 | -0.12% | 500,500 |
| Wed, 12 Aug 2026 | 16.89 | 16.91 | 16.89 | 16.91 | +0.12% | 338,000 |
| Tue, 11 Aug 2026 | 17.05 | 17.05 | 16.89 | 16.89 | -0.94% | 588,000 |
| Mon, 10 Aug 2026 | 17.05 | 17.05 | 17.05 | 17.05 | +0.00% | 1,977,000 |
| Fri, 7 Aug 2026 | 17.00 | 17.05 | 17.00 | 17.05 | +0.29% | 1,020,500 |
| Thu, 6 Aug 2026 | 16.86 | 17.00 | 16.86 | 17.00 | +0.83% | 503,500 |
| Wed, 5 Aug 2026 | 16.63 | 16.86 | 16.63 | 16.86 | +1.38% | 434,500 |
| Tue, 4 Aug 2026 | 16.66 | 16.66 | 16.63 | 16.63 | -0.18% | 609,500 |
| Mon, 3 Aug 2026 | 16.48 | 16.66 | 16.48 | 16.66 | +1.09% | 534,500 |
| Fri, 31 Jul 2026 | 16.45 | 16.48 | 16.45 | 16.48 | +0.18% | 253,500 |
| Thu, 30 Jul 2026 | 16.51 | 16.51 | 16.45 | 16.45 | -0.36% | 195,500 |
| Wed, 29 Jul 2026 | 16.64 | 16.64 | 16.51 | 16.51 | -0.78% | 521,500 |
| Tue, 28 Jul 2026 | 16.61 | 16.64 | 16.61 | 16.64 | +0.18% | 463,000 |
| Mon, 27 Jul 2026 | 16.03 | 16.61 | 16.03 | 16.61 | +3.62% | 423,000 |
| Fri, 24 Jul 2026 | 16.10 | 16.10 | 16.03 | 16.03 | -0.43% | 2,426,500 |
All figures in PKR, end of day, sourced from the Pakistan Stock Exchange.
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MIIETF — frequently asked questions
What is MIIETF's share price today?
+
Mahaana Islamic Index ETF (MIIETF) last traded at Rs 16.43 on the Pakistan Stock Exchange, down 0.61% on the session of 7 September 2026. The day's range was Rs 16.40 to Rs 16.60 on 655,500 shares. These are end-of-day figures published by the exchange, not a live trading feed.
What is the 52-week high and low for MIIETF on the PSX?
+
MIIETF has traded between Rs 14.79 and Rs 19.27 over the past twelve months on the Pakistan Stock Exchange. The range is computed from the end-of-day closes we hold for the stock and is refreshed after every session.
What is MIIETF's current dividend yield?
+
MIIETF has a trailing dividend yield of 7.54%, meaning that for every Rs 100 invested at the current price a holder received about Rs 7.54 in dividends over the last twelve months. Yield moves with the share price as well as with the payout, so a rising yield is not automatically a better income stream.
Is MIIETF expensive? What are its valuation ratios?
+
MIIETF trades on a price-to-earnings ratio of 16.0, so the market is paying about Rs 16.0 for each rupee of annual earnings, earnings per share of Rs 1.03, a price-to-book ratio of 4.44 and a return on equity of 16.9%. Ratios are only meaningful next to the rest of the sector — a low multiple that the whole sector shares is usually a sector problem rather than a bargain, which is why the sector page is linked from this one.
What is the AI forecast for MIIETF?
+
Our model currently reads MIIETF as strong sell over a short term horizon, at 52% confidence, with a target price of Rs 15.69. It is computed from this stock's own price and indicator history. It does not read news, financial statements or management changes, its backtested hit rate on this specific stock is published on the page, and it is not investment advice.
Answers are generated from the end-of-day figures on this page and refreshed after each session. See all frequently asked questions or our methodology.
About this data
Prices, volumes and indicators for MIIETF are end-of-day figures collected from the Pakistan Stock Exchange and recomputed after each session — they are not a live trading feed and may lag the market. Forecasts are the output of logistic-v1, an automated logistic-regression model trained on price history alone; it does not read news, filings or management changes, no analyst reviews its output before publication, and its track record is published in full on our model accuracy page.
PSX Expert is an independent analytics publisher. We are not licensed by the SECP as a securities adviser, investment adviser, research analyst or broker-dealer, and nothing on this page is a personal recommendation. Past performance and back-tested results do not predict future results. Read our methodology, who we are and the full disclaimer before acting on anything here.