- Naranj Research Desk
Arabian Pipes Company is a Saudi-based company that manufactures longitudinally welded steel pipes used in pipelines, construction, and commercial applications.
Founded in 1991 and headquartered in Riyadh, the company also provides pipe-related services like bending, shaping, and threading, along with trading and pipeline extension work. It produces steel, plastic pipes, and accessories, and exports its products across the Middle East, Gulf, and North Africa regions.
APC — TASI —
| Indicator | Value | Zone |
|---|---|---|
| RSI-14 | 70.68 | Overbought |
| CCI-14 | 220.09 | Overbought |
| Stochastic RSI | 100.00 | Overbought |
| ROC | 27.35 | Positive |
| William %R | -4.05 | Overbought |
| EMA | Value | Stock Position |
|---|---|---|
| 5 EMA | 5.33 | Above |
| 10 EMA | 5.12 | Above |
| 20 EMA | 5.03 | Above |
| 50 EMA | 5.00 | Above |
| 100 EMA | 5.12 | Above |
| 200 EMA | 5.71 | Below |
Based on our trading tips for Saudi Tadawul stocks, Arabian Pipes Company stock price target will be SAR 6 - SAR 6.1 in the next 14-15 trading sessions.