Buy The Power and Water Utility Company for Jubail and Yanbu | Tadawul 2083 | Naranj Capital

 BUY   The Power & Water Utility Company for Jubail and Yanbu (TADAWUL: 2083)

Tadawul 2083 :The Power & Water Utility Company for Jubail and Yanbu- STOCK RECOMMENDATION

Idea BUY
Buy Range 72.5 – 73.5
Target 78.5 – 79.5
StopLoss* below 70
Duration 14-15 Trading Days
Potential Returns 7 – 8%
Idea Buy Range Target StopLoss* Duration Potential Returns
BUY 72.5 – 73.5 78.5 – 79.5 below 70 14-15 Trading Days 7 – 8%

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

TADAWUL 2083 :THE POWER & WATER UTILITY COMPANY FOR JUBAIL AND YANBU - STOCK OVERVIEW

The Power and Water Utility Company for Jubail and Yanbu is involved in the operation, maintenance, management, expansion, and construction of power and water systems for various customers, including government, industrial, commercial, and residential sectors. It operates in segments such as Power, Water, Gas, JWAP, and TAWREED. The company provides services such as seawater cooling systems, desalinated water systems for storing and distributing process and potable water, and treatment systems for sanitary and industrial wastewater. Additionally, it offers electricity generation, transmission, distribution, and retail sales, as well as production, distribution, and sea water cooling.

Stock Data
TADAWUL Code 2083
Sectoral Index Utilities
52 Weeks High 91.5
52 Weeks Low 47.9

TADAWUL 2083 :THE POWER & WATER UTILITY COMPANY FOR JUBAIL AND YANBU - RELATIVE STRENGTH

Tadawul 2083 - The Power and Water Utility Company for Jubail and Yanbu-Relative Strength

Relative Performance - Last 1 Year

The Power & Water Utility Company For Jubail and Yanbu —     TASI —

TADAWUL 2083 :THE POWER & WATER UTILITY COMPANY FOR JUBAIL AND YANBU - TECHNICAL ANALYSIS (DAILY)

Tadawul 2083 - The Power and Water Utility Company for Jubail and Yanbu Daily Technical Analysis
Tadawul 2083 - The Power & Water Utility Company For Jubail and Yanbu - Technical Analysis (Daily)
  • As seen in the Tata Motors chart analysis, the OBV is trading above the 15 days MA of it’s on balance volume. Buying pressure is visible as the positive volume exceeds negative volume, and the OBV line rising upwards.
  • The OBV measures the volume change with price to identify the smart money are buying and selling the positions in the stock. This suggests you should invest in Tata Motors at dips and build long positions with institutional investors.

TADAWUL 2083 :THE POWER & WATER UTILITY COMPANY FOR JUBAIL AND YANBU - MACD

Tadawul 2083 - The Power and Water Utility Company for Jubail and Yanbu-MACD
Tadawul 2083 - The Power & Water Utility Company For Jubail and Yanbu - MACD

MACD line has crossed the signal line from the below and a positive histogram chart is forming. This can be considered as a bullish signal.

TADAWUL 2083 :THE POWER & WATER UTILITY COMPANY FOR JUBAIL AND YANBU - MA CROSS

Tadawul 2083 - The Power and Water Utility Company for Jubail and Yanbu-MA Cross
Tadawul 2083 - The Power & Water Utility Company For Jubail and Yanbu - MA CROSS

The short length moving average (10 SMA) has crossed the long length moving average (20 SMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

TADAWUL 2083 :THE POWER & WATER UTILITY COMPANY FOR JUBAIL AND YANBU - DMI

Tadawul 2083 - The Power and Water Utility Company for Jubail and Yanbu-DMI
Tadawul 2083 - The Power & Water Utility Company For Jubail and Yanbu - DMI

Increasing ADX value above 20, indicated the strength of the trend, thereby up trending 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 favored.

CONCLUSION - TADAWUL 2083 :THE POWER & WATER UTILITY COMPANY FOR JUBAIL AND YANBU STOCK PRICE FORECAST

Based on our stock trading advice in Saudi Arabia, The Power & Water Utility Company For Jubail and Yanbu stock price target will be SAR 78.5 – SAR 79.5 in the next 14-15 trading sessions.

TADAWUL 2083 :THE POWER & WATER UTILITY COMPANY FOR JUBAIL AND YANBU - TRADINGVIEW POSITION UPDATE

اشتر مرافق by NaranjCapital on TradingView.com

Follow TADAWUL 2083 :THE POWER & WATER UTILITY COMPANY FOR JUBAIL AND YANBU 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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