Tadawul trade advice (C): Saudi materials stock | 6-7% gain | KSA stock trading picks on 27 Jan 2025

Date
January 27, 2025
Analysed By
Naranj Capital Research Desk
Stock Market
Tadawul, Saudi Arabia

Stoploss reached. Trade closed.

EAST PIPES 1321

6 days
4 Feb 2025
27 Jan 2025
Loss per
100,000 SAR
6 days
-2,532
Stop-loss
4 Feb 2025
154
Buy Advice
27 Jan 2025
158 - 161
Target 1
167
Target 2
169
Profit per
100,000 SAR
-2,532
154
158 - 161
167
169
6 days
4 Feb 2025
27 Jan 2025
Loss per
100,000 SAR
6 days
-2,532
Stop-loss
4 Feb 2025
154
Buy Advice
27 Jan 2025
158 - 161
Target 1
167
Target 2
169
Profit per
100,000 SAR
-2,532
154
158 - 161
167
169
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • East Pipes
  • 158 - 161
  • 167 - 169
  • Below 154
  • 4% - 5%
  • 14 - 15 Days
  • Buy East Pipes
  • Buy
    Range
    158 - 161
  • Target 167 - 169
  • Stoploss Below 154
  • Upside
    Potential
    4% - 5%
  • Trade
    Duration
    14 - 15 Days
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • East Pipes
  • 158 - 161
  • 167 - 169
  • Below 154
  • 4% - 5%
  • 14 - 15 Days
  • Buy
    East Pipes
  • Buy
    Range
    158 - 161
  • Target
    167 - 169
  • Stoploss
    Below 154
  • Upside
    Potential
    4% - 5%
  • Trade
    Duration
    14 - 15 Days
  • Tadawul 1321 : East Pipes - Stock Overview

  • Tadawul code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • 1321
  • East Pipes
  • Materials
  • 177.8
  • 82.5
  • Tadawul code 1321
  • Stock Name East Pipes
  • Sector Materials
  • 52 Weeks High 177.8
  • 52 Weeks Low 82.5
  • Company profile

    East Pipes Integrated Co. for Industry specializes in pipe manufacturing, providing a range of products including HSAW pipes, double jointing, and coating services. The company also delivers valuable services such as laboratory testing, technical support, cost-effective solutions, and an efficient yard management system. Established on May 30, 2010, East Pipes is proudly headquartered in Dammam, Saudi Arabia.

  • Tadawul 1321 : East Pipes vs TASI - Relative Strength Comparison

    The image highlights East Pipe's performance over the last year versus TASI.
    Relative Performance - Last 1 Year
    EAST PIPES —   TASI —

  • Tadawul 1321 : East Pipes - Technical Analysis (Daily)

    East Pipes - Technical Analysis chart on Daily Price and Volume
    East Pipes - Technical Analysis chart on Daily Price and Volume

    • The price is consolidating within a broad range.
    • After bouncing from the lower boundary, it is now heading toward the upper boundary, indicating a potential short-term upmove.
  • Tadawul 1321 : East Pipes - RSI Indicator

    East Pipes stock analysis based on RSI indicator
    East Pipes - RSI indicator

    • Current RSI of this stock is 78.82, which indicates the strength of buyers.

  • Tadawul 1321 : East Pipes - ADX & DI Indicator

    East Pipes stock analysis based on ADX & DI indicator
    East Pipes - 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 1321 : East Pipes - MACD Indicator

    East Pipes stock analysis based on MACD indicator
    East Pipes - MACD indicator

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

  • Conclusion - Tadawul 1321 : East Pipes Stock Price Forecast

    Based on our swing trade signals for Tadawul, East Pipes stock price target will be SAR 167 - SAR 169 in the next 14-15 trading sessions.

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