Buy SAL Saudi Logistics Services | Tadawul 4263 | 7-8% gain | KSA stock trading signal on 3 Jul 2024

Stock Market

Tadawul, Saudi Arabia

Stoploss reached. Trade closed.

23 days
5 Aug 2024
3 Jul 2024
Loss per
100,000 SAR
23 days
-2,295
Stop-loss
5 Aug 2024
298
Buy Advice
3 Jul 2024
305 - 310
Target 1
330
Target 2
335
Profit per
100,000 SAR
-2,295
298
305 - 310
330
335
23 days
5 Aug 2024
3 Jul 2024
Loss per
100,000 SAR
23 days
-2,295
Stop-loss
5 Aug 2024
298
Buy Advice
3 Jul 2024
305 - 310
Target 1
330
Target 2
335
Profit per
100,000 SAR
-2,295
298
305 - 310
330
335
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • SAL Saudi Logistics Services
  • 305 - 310
  • 330 - 335
  • Below 298
  • 7% - 8%
  • 12 - 14 Days
  • Buy SAL Saudi Logistics Services
  • Buy
    Range
    305 - 310
  • Target 330 - 335
  • Stoploss Below 298
  • Upside
    Potential
    7% - 8%
  • Trade
    Duration
    12 - 14 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Tadawul 4263 : SAL Saudi Logistics Services - Stock Overview

  • Tadawul code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • 4263
  • SAL
  • Transportation
  • -
  • -
  • Tadawul code 4263
  • Stock Name SAL
  • Sector Transportation
  • 52 Weeks High -
  • 52 Weeks Low -
  • Company profile

    SAL is the leading national company in providing ground handling services for air cargo to various airlines at the Kingdoms airports, in addition to providing integrated logistics solutions. The company was established at the end of the year 2019, after the carve out from Saudia Cargo Company. Aside from operating 18 airports throughout the Kingdom, including the four main airports (Riyadh, Jeddah, Dammam, and Medina), the company also offers integrated logistical solutions within and outside the Kingdom through its global business partners. In addition, it provides services that link different modes of transportation (by sea, air, and land), increasing the efficiency of logistics services. Consequently, the company aims to contribute in making Saudi Arabia as a global logistics platform and an international shipping hub that enables the aspiring Kingdoms Vision 2030.

  • Tadawul 4263 : SAL Saudi Logistics Services vs TASI - Relative Strength Comparison

    The image compares SAL Saudi Logistics Service's 1-year performance to TASI.
    Relative Performance - Last 1 Year
    SAL —   TASI —

  • Tadawul 4263 : SAL Saudi Logistics Services - Technical Analysis (Daily)

    SAL Saudi Logistics Services - Technical Analysis chart on Daily Price and Volume
    SAL Saudi Logistics Services - Technical Analysis chart on Daily Price and Volume

    • After breaking out of the symmetrical triangle pattern, the stock price surged upward and is likely to maintain its bullish momentum in the coming days.
  • Tadawul 4263 : SAL Saudi Logistics Services - RSI Indicator

    SAL Saudi Logistics Services stock analysis based on RSI indicator
    SAL Saudi Logistics Services - RSI indicator

    • Current RSI of this stock is 69.30, which indicates the strength of buyers.

  • Tadawul 4263 : SAL Saudi Logistics Services - ADX & DI Indicator

    SAL Saudi Logistics Services stock analysis based on ADX & DI indicator
    SAL Saudi Logistics Services - ADX & DI indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Tadawul 4263 : SAL Saudi Logistics Services - MACD Indicator

    SAL Saudi Logistics Services stock analysis based on MACD indicator
    SAL Saudi Logistics Services - MACD indicator

    • MACD line has just crossed the signal line from the below, generates bullish signal.

  • Conclusion - Tadawul 4263 : SAL Saudi Logistics Services Stock Price Forecast

    Based on our short term trading of Saudi stocks, SAL Saudi Logistics Services stock price target will be SAR 335 - SAR 340 in the next 12-14 trading sessions.

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