A 52-week low creates a strong support level, the same way a 52-week high forms a resistance level. The levels are at the opposite sides of the 52-week range. Technical traders and investors often observe this level when trading breakouts. Note that false breakouts happen too and it’s important to analyze the company financials to understand the reasons why the stock has been trading at such low prices.
ALFIRDOUS
AL FIRDOUS HOLDING
|
0.70 | 0.00% | 0.00 | Neutral | 0 | 419.977M | — | -0.01 | 3.00 | Consumer Cyclicals |
AMANAT
AMANAT HLDGS
|
1.00 | 2.04% | 0.02 | Sell | 52.668K | 2.500B | 93.46 | 0.01 | — | Healthcare |
ASNIC
AL SAGR NAT INS CO
|
1.85 | 0.00% | 0.00 | Sell | 0 | 425.500M | 14.85 | 0.12 | — | Financials |
EIBANK
EMIRATES INV BANK
|
400.00 | 0.00% | 0.00 | Sell | 0 | 280.000M | 6.57 | 60.86 | — | Financials |
ERC
EMIRATES REFRESHME
|
2.97 | 0.00% | 0.00 | Sell | 0 | 89.100M | — | -0.19 | 230.00 | Consumer Non-Cyclicals |
GGICO
GULF GENERAL INV
|
0.14 | -6.04% | -0.01 | Sell | 1.051M | 265.068M | — | -0.14 | — | Financials |
NCC
NATIONAL CEMENT
|
2.06 | -9.65% | -0.22 | Strong Sell | 2.000K | 739.128M | — | -0.36 | 502.00 | Basic Materials |
NIH
NATL INTERNATIONAL
|
0.85 | 0.00% | 0.00 | Sell | 0 | 157.468M | 8.40 | 0.09 | — | Financials |
OIC
OMAN INSURANCE CO
|
1.46 | 0.00% | 0.00 | Sell | 0 | 674.333M | 80.71 | 0.02 | — | Financials |
ORIENT
ARAB ORIENT INS
|
66.30 | 0.00% | 0.00 | Sell | 0 | 0 | — | 78.68 | 1.00 | Financials |
SHUAA
SHUAA CAPITAL
|
0.66 | -7.91% | -0.06 | Sell | 8.480M | 828.869M | 11.73 | 0.07 | 182.00 | Financials |
UFC
UNITED FOODS COMPA
|
5.15 | 0.00% | 0.00 | Sell | 0 | 155.787M | — | 0.63 | 415.00 | Consumer Non-Cyclicals |
UNIKAI
UNIKAI FOODS
|
8.44 | 0.00% | 0.00 | Sell | 0 | 273.202M | — | -0.38 | 1582.00 | Consumer Non-Cyclicals |