Investment Details: - Stock: 4240 (Fawaz Abdul Aziz Al Hukair) - Quantity: 2000 shares - Purchase Price: 12.00 SAR Review: I recently invested in 4240 stock on the Saudi Stock Exchange, specifically in Fawaz Abdul Aziz Al Hukair. Initially, the investment seemed promising, with the stock priced at 12.00 SAR per share when I purchased 2000 shares. However, my...
Filing and Packing Materials Mfg Co, with ticker 2180, is capturing attention in the Process Industries sector, particularly in Containers/Packaging. The stock, currently priced at 57.8 SAR, is part of a vibrant industry that has seen a surge in demand due to the rise in e-commerce and sustainable packaging solutions. Financial Snapshot: EPS Growth QoQ: A...
Astra Industrial Group Company, trading under ticker 1212, is a prominent entity in the Health Technology sector, specifically within the Pharmaceuticals industry. The company’s stock is currently valued at 165.6 SAR, with a market capitalization of 13.25 B SAR, reflecting its substantial market presence. Financial Highlights: The company has demonstrated a...
National Gas & Industrial Company, listed with ticker number 2080, is currently making waves in the Utilities sector as a Gas Distributor. With a current market price of 87.7 SAR and a robust market capitalization of 6.58B SAR, it stands out as a significant player in the market. The company’s financial indicators are promising, with a 9% growth in EPS and a 10%...
The National Company for Learning & Education, with its ticker 4291, operates within the Consumer Services sector, focusing on Other Consumer Services. The stock is currently priced at 176 SAR, with a market capitalization of 7.57 B SAR, indicating a significant presence in the market. The company exhibits strong financial health, with a Quarter over Quarter...
Daily chart, the stock may form a flag chart pattern, then the target will be 95.5, passing through the resistance level of 86.4 (historical highest high) Technical indicators RSI and MACD show that it is time for some correction. Then, the stock continues the uptrend. Support line (dashed red) should be considered as stop loss level.
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Tadawul All Share Index (TADAWUL:TASI) 1) In the day chart we noticed that the Tadawul All Share Index has formed a head and shoulder pattern from April 2023 - September 2023 and a obvious neckline breakout marks the end of the H&S pattern. 2) At the end of H&S pattern we noticed a big red candle closed at 50% into the body of the previous green candle....
Arabia Pipes Co. (2200) is currently trading near its 10-year resistance level, indicating a significant price threshold. The stock has been forming higher highs, a bullish trend that suggests an upward momentum. Interestingly, the stock price is only 1.2% away from its 52-week high, which could indicate a strong market sentiment towards this stock. The demand...
Saudi Aramco Base Oil Company - Luberef (2223) is making waves in the market! Trading near its all-time high and above all key moving averages, it’s showing strong signs of an upward trend. High volume activity indicates robust investor interest. The company has shown rapid earnings growth, up 51% a year for the past five years, indicating a strong future...
Weekly chart, Saudi Cement (3030) is trying to complete a chart pattern triangle. After crossing the resistance, the target will be 61. After crossing the longer-term resistance line (dashed GREY), then the target will be 75, passing through resistance levels 67 and 72 RSI is positive
Daily chart, SABIC (2010) stock is trading in an ascending channel for a year. Now, it is showing positive signals for upwards movement to test the resistance line (BLUE). After crossing (around 86.3), the target will be 96, then 102 Positively, the technical indicator MACD crossed the zero line up.
Daily chart, the stock is about to cross the resistance up, and then will go bullish to target 47.5, passing through some minor resistance levels as shown on the chart. Technical indicators: MACD is about to cross up zero line - positive RSI is positive
1-hour chart, the stock is trading in a rising channel. After crossing resistance blue line (around 305), the target will be 311 Tech. Indicators RSI and MACD are positive stop loss under support line (red) to be considered
Monthly chart, the stock is trading in a critical zone, either rebound or fall down. Probable rebound from support A, then next probability at support B level. After rebounding the target will be to test the resistance A at around 64.4 Note: rebounding from support C is possible as well. Be careful! After crossing up 68.5, the next target will be resistance line...
Daily chart, the stock was trading in a descending wedge, broke down, and the target is 73. However, it seems there is a tendency to re-test the previous trough at 88.6 and rebound from it. Above the red line (103 - 104), the next target will be 121 (the blue resistance line)
Maaden stock is showing a tendency to cross the channel upwards, supported by the technical. indicators RSI and MACD. On the daily chart, after crossing 38.4, the target will be 43.2 then 45.1 Stop loss should be considered.
Weekly chart, the stock formed a bullish chart pattern falling wedge, the target is 92.8, then 117.4 passing through the shown resistance levels Technical indicator MACD is positive and crossed its signal above zero line.