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NAMA Chemicals Company, along with its subsidiaries, develops, operates, and manages industrial projects in the petrochemical and chemical industries across Saudi Arabia, the Gulf region, Asia, Africa, Europe, and other global markets. The company operates through three main segments: Epoxy Resin Products, Chlor Alkali Products, and Others. Its product portfolio includes epoxy resins, anhydrous caustic soda, epichlorohydrin, and calcium chloride. In addition to its core chemical business, NAMA is also involved in real estate activities. Established in 1992, the company is headquartered in Jubail, Kingdom of Saudi Arabia.
NAMA CHEMICALS — TASI —
The K (Blue) line has just crossed the D (Orange) line from the below, generates bullish signal.
Current RSI of this stock is 61.26, which indicates the strength of buyers.
MACD line has just crossed the signal line from the below, generates bullish signal.
Based on our Saudi stocks trading calls, Nama Chemicals stock price target will be SAR 28 - SAR 28.3 in the next 7-8 trading sessions.
Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.
Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.
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