- Naranj Research Desk
8% - 10%
15 - 16 Days
8% - 10%
15 - 16 Days
Al Cenomi Retail was founded in 1990 as Fawaz A. Alhokair & Co by Fawaz, Salman, and Abdulmajeed Alhokair. It opened its first store in 1991 and has since grown into the leading franchise retailer in Saudi Arabia and the only listed company of its kind in the Middle East.
Today, Cenomi Retail operates 880 stores across 159 shopping malls in 9 countries, covering around 367,000 square meters of retail space. The company employs over 7,000 people and manages 51 brands across fashion (women, men, kids, and baby), department stores, shoes and accessories, cosmetics, as well as restaurants and coffee shops.
CENOMI RETAIL — TASI —
| Indicator | Value | Zone |
|---|---|---|
| RSI-14 | 36.64 | Neutral |
| CCI-20 | -116.34 | Oversold |
| Stochastic RSI | 18.15 | Oversold |
| Stochastic %K | 19.56 | Oversold |
| William %R | -18.36 | Overbought |
| EMA | Value | Stock Position |
|---|---|---|
| 10 EMA | 17.34 | Below |
| 20 EMA | 17.79 | Below |
| 30 EMA | 18.22 | Below |
| 50 EMA | 19.08 | Below |
| 100 EMA | 20.47 | Below |
| 200 EMA | 20.49 | Below |
Based on our stock trading advice in Saudi Arabia, AFG International stock price target will be SAR 18.2 - SAR 18.4 in the next 15-16 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.
Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.
If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website