Buy Scientific & Medical Equipment House | Tadawul 4014 | Naranj Capital

 BUY   Scientific & Medical Equipment House (TADAWUL: 4014)

Tadawul 4014 : Scientific & Medical Equipment House - STOCK RECOMMENDATION

Idea BUY
Buy Range 52.5 – 53.5
Target 57 – 57.5
StopLoss* below 51
Duration 14-15 Trading Days
Potential Returns 8 – 9%
Idea Buy Range Target StopLoss* Duration Potential Returns
BUY 52.5 – 53.5 57 – 57.5 below 51 14-15 Trading Days 8 – 9%

* Once the first target hit, reset the StopLoss at your buying price.

Tadawul 4014 : Scientific & Medical Equipment House - STOCK OVERVIEW

Scientific and Medical Equipment House in Saudi Arabia is a renowned establishment that specializes in providing scientific and medical equipment. It caters to a wide range of customers, providing maintenance and repair for medical devices, equipment and supplies including manpower, subcontractors for maintenance of specialized systems, spare parts and consumables. With a reputation for quality products and reliable services, Scientific and Medical Equipment House plays a crucial role in supporting scientific and medical advancements in Saudi Arabia.

Stock Data
TADAWUL Code 4014
Sectoral Index Health Care Equipment & Service
52 Weeks High 59.69
52 Weeks Low 38.95

Tadawul 4014 : Scientific & Medical Equipment House - RELATIVE STRENGTH

Tadawul 4014 - Scientific & Medical Equipment House - Relative strength

Relative Performance - Last 1 Year

Scientific & Medical Equipment House —     TASI —

Tadawul 4014 : Scientific & Medical Equipment House - TECHNICAL ANALYSIS (DAILY)

Tadawul 4014 - Scientific & Medical Equipment House - Daily Technical Analysis
Tadawul 4014 : Scientific & Medical Equipment House - Daily Technical Analysis
  • After a huge downfall from 60 level, price took support at 39 level and started moving upside slowly.

  • In this consolidation phase, price has formed a Rounding Bottom pattern, which is itself a strong bullish pattern.

  • After the breakout, price came back and took retracement from exactly at the breakout level.

  • Now with a descent volume price is going higher.

Tadawul 4014 : Scientific & Medical Equipment House - macd

Tadawul 4014 - Scientific & Medical Equipment House - MACD
Tadawul 4014 : Scientific & Medical Equipment House - MACD
  • MACD line has just crossed the signal line from the below, generates bullish signal.

Tadawul 4014 : Scientific & Medical Equipment House - BOLLINGER BANDS

Tadawul 4014 - Scientific & Medical Equipment House - Bollinger Bands
Tadawul 4014 : Scientific & Medical Equipment House - Bollinger Bands
  • From Nov’23, price is continuously hugging the upper band and last day’s candle closed above the band, which indicates the momentum is with the buyers.

Tadawul 4014 : Scientific & Medical Equipment House STOCK PRICE FORECAST

Based on our stock trading advice in Saudi Arabia, Scientific & Medical Equipment House stock price target will be SAR 57 – SAR 57.5 in the next 14-15 trading sessions.

Tadawul 4014 : Scientific & Medical Equipment House - TRADINGVIEW POSITION UPDATE

اشتر دار المعدات by NaranjCapital on TradingView.com

Tadawul 4014 : Scientific & Medical Equipment House TRADING ADVICE On Social Media

MONEY MANAGEMENT AND TRADING RULES

1)  It’s advisable to enter/exit in the recommended range.
2)  Strictly follow the StopLoss as mentioned. Honour it.
3)  Use trailing StopLoss to retain profits.
4)  Diversify trading capital into our other trading recommendations.
5)  Risk only the money what you can afford to lose. Hedge accordingly.

Advisor / ANALYST SUMMARY

The stock trading advice is prepared by the Naranj Capital team under the guidance of Arijit Banerjee, CMT, CFTe. Arijit is a veteran trader and an active investor having in-depth knowledge of financial market research, advanced technical analysis, market cycle, algorithmic trading, and portfolio management. He is a Chartered Market Technician (CMT) accredited by CMT Association USA, the global authority of Technical Analysis and also has been honored as a Certified Financial Technician (CFTe) by the International Federation of Technical Analysts, USA.

Disclosure

The views expressed herein are based solely on information available publicly/internal data/other sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to accuracy. The recommendations provided herein is solely for informational purposes and are not intended to be and must not be taken alone as the basis for an investment/trading decision. Trading and investing are subject to market risk and the securities discussed and opinions expressed herein may not be suitable for all investors. To read the full disclosure, please click here.

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