Tadawul 8100 : Saudi Arabian Cooperative Insurance - STOCK RECOMMENDATION
Idea | BUY |
Buy Range | 20.2 – 20.7 |
Target | 22 – 22.3 |
StopLoss* | below 19.4 |
Duration | 8-10 Trading Days |
Potential Returns | 6 – 8% |
Idea | Buy Range | Target | StopLoss* | Duration | Potential Returns |
BUY | 20.2 – 20.7 | 22 – 22.3 | below 19.4 | 8-10 Trading Days | 6 – 8% |
* Once the first target hit, reset the StopLoss at your buying price.
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Tadawul 8100 : Saudi Arabian Cooperative Insurance - STOCK OVERVIEW
The Saudi Arabian Cooperative Insurance Company (SAICO) is one of the leading insurance companies in Saudi Arabia. Established in 2007, SAICO provides a wide range of insurance products and services to individuals, businesses, and government entities across the Kingdom. The company operates in compliance with the regulations set by the Saudi Arabian Monetary Authority (SAMA), which oversees the insurance industry in the country. The company offers various types of insurance coverage, including motor Insurance, health Insurance, property Insurance, liability Insurance etc.
Stock Data | |
TADAWUL Code | 8100 |
Sectoral Index | Insurance |
52 Weeks High | 21.24 |
52 Weeks Low | 11.8 |
Tadawul 8100 : Saudi Arabian Cooperative Insurance - RELATIVE STRENGTH
Relative Performance - Last 1 Year
Saudi Arabian Cooperative Insurance — TASI —
Tadawul 8100 : Saudi Arabian Cooperative Insurance - TECHNICAL ANALYSIS (DAILY)
- Previously the price was consolidating inside a rectangle pattern.
- After the breakout, price started moving upside slowly through a parallel channel.
- Volume has become so high in recent days.
- Currently the price is trading near its 52 week high. If the price manages to sustain above 21 level, then more up move possible.
Tadawul 8100 : Saudi Arabian Cooperative Insurance - RSI
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Current RSI of this stock is 67.26, which indicates the strength of buyers.
Tadawul 8100 : Saudi Arabian Cooperative Insurance - MACD
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MACD line has just crossed the signal line from the below and a positive histogram chart is forming. This can be considered as a bullish signal.
Tadawul 8100 : Saudi Arabian Cooperative Insurance - EMA Cross
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Current RSI of this stock is 67.26, which indicates the strength of buyers.
CONCLUSION - Tadawul 8100 : Saudi Arabian Cooperative Insurance STOCK PRICE FORECAST
Based on our stock trading advice in Saudi Arabia, Saudi Arabian Cooperative Insurance stock price target will be SAR 22 – SAR 22.3 in the next 08-10 trading sessions.
Tadawul 8100 : Saudi Arabian Cooperative Insurance - TRADINGVIEW POSITION UPDATE
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📈 اشتر السيف غاليري
— Naranj Capital نارانج كابيتال (@NaranjCapital) April 23, 2024
تداول : 4192
● أفضل نطاق الشراء: 11.4 - 11.8
● هدف البيع: 12.5 - 12.7
● وقف الخسارة: أقل من 10.9
● العائد المحتمل: 6 - 8%
🗓️ فترة الاحتفاظ بالتجارة التقريبية- 8-10 يوم
📈 اشتر سايكو
تداول : 8100
● أفضل نطاق الشراء: 20.2 - 20.7
● هدف البيع: 22 -… pic.twitter.com/0twCfAVuU6