- Naranj Research Desk
Saudi Telecom Company (STC), founded in 1998 and headquartered in Riyadh, Saudi Arabia, provides a wide range of telecommunications, IT, media, and digital payment services both locally and internationally. Its offerings include fixed and mobile networks, IT and cloud solutions, managed services, IoT, cybersecurity, digital banking, consultancy, and real estate services, making it a comprehensive provider of telecom and technology solutions.
STC — TASI —
A bullish signal is generated as the K line (blue) crosses over the D line (orange) from below, indicating a reversal from oversold conditions.
MACD line has just crossed the signal line from the below, generates bullish signal.
Based on our short term trading advice for Saudi Tadawul, Saudi Telecom Company stock price target will be SAR 43.75 - SAR 44 in the next 10-12 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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