SKPC ending correectionMTF analysis
Even though under green kumo, you can witness the Positive outlook.
the upward facing Chiko span, green bar with long wick.
resistance @35EGP
targets 36, 41 & 45 EGP
2.750EGP
2.08 BEGP
13.19 BEGP
194.71 M
About SIDI KERIR PETROCHEMICALS - SIDPEC
Sector
CEO
Mohamed Mohamed Mohamed Ibrahim
Headquarters
Alexandria
Website
Founded
1997
ISIN
EGS380S1C017
FIGI
BBG000C26VY9
Sidi Kerir Petrochemicals engages in the production of petrochemicals.Its products include high density and linear low density polyethylene, which covers all the plastic applications and households.The company was founded on November 16, 1997 and is headquartered in Alexandria, Egypt.
SKPC: Bullish signals confirmedSKPC: Bullish signals confirmed
MTF confirms the breakout as well as Chikou span, RedeK Everex, Adaptive MACD, & EW.
positive outlookShort term outlook on the five minutes timeframe, it's positive and moving forward Green Kumo formation, and schikou above TK.
Dealbreaker for this intraday transaction is USD to Egyptian pound forex rate (parallel)
Sidi Kerir Petrochemicals (SKPC) should target 37.7Daily chart, the stock SKPC has been trading in an expanding triangle since May 2023, and it is trending upwards - as supported by the positive MACD and RSI indicators.
Targets are 32, 34, then 37.7
For daily trader, the stop loss below 28.5 should be considered.
SKPCHI traders
I think the stock has more than one positive pattern, as shown in the chart
Good luck guys
Sidi krie SKPC /EGYPT .. A strong momentum downing ..
trend and its retracement suggest a down target of 8.93
I expect a rebound upward movement from 11.02 till 12.06 where shorting may occur before it continues its down target journey ..
Best wishes ..
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Frequently Asked Questions
The current price of SKPC is 34.12 EGP — it has decreased by 2.23% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on EGX exchange SIDI KERIR PETROCHEMICALS - SIDPEC stocks are traded under the ticker SKPC.
SIDI KERIR PETROCHEMICALS - SIDPEC is going to release the next earnings report on May 29, 2024. Keep track of upcoming events with our Earnings Calendar.
One year price forecast for SIDI KERIR PETROCHEMICALS - SIDPEC has a max estimate of 44.80 EGP and a min estimate of 22.00 EGP.
SKPC earnings for the last quarter are 0.71 EGP whereas the estimation was 0.64 EGP which accounts for 10.94% surprise. Estimated earnings for the next quarter are 0.76 EGP. See more details about SIDI KERIR PETROCHEMICALS - SIDPEC earnings.
SIDI KERIR PETROCHEMICALS - SIDPEC revenue for the last quarter amounts to 3.17 B EGP despite the estimated figure of 3.12 B EGP. In the next quarter revenue is expected to reach 3.46 B EGP.
Yes, you can track SIDI KERIR PETROCHEMICALS - SIDPEC financials in yearly and quarterly reports right on TradingView.
SKPC stock has risen by 3.39% compared to the previous week, the month change is a 33.70% rise, over the last year SIDI KERIR PETROCHEMICALS - SIDPEC has showed a 53.90% increase.
Like other stocks, SKPC 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 SIDI KERIR PETROCHEMICALS - SIDPEC stock right from TradingView charts — choose your broker and connect to your account.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. SIDI KERIR PETROCHEMICALS - SIDPEC EBITDA is 3.21 B EGP, and current EBITDA margin is 24.30%. See more stats in SIDI KERIR PETROCHEMICALS - SIDPEC financial statements.