- Naranj Research Desk
- 🇸🇦 Saudi Stock Market
- 🇺🇸 USA Stock Market
5% – 6%
12 - 14 Days
5% – 6%
12 - 14 Days
The First Milling Company is one of Saudi Arabia’s leading food producers. It manufactures and sells flour, bran, semolina, specialty flour, and wheat products under the First Mills and Aloula brands. The company also produces animal feed for livestock, poultry, horses, and dairy cattle under the Naffa’a brand. Founded in 1972, the company is headquartered in Jeddah, Saudi Arabia.
FIRST MILLS — TASI —
| Indicator | Value | Zone |
|---|---|---|
| RSI-14 | 61.88 | Neutral |
| CCI-14 | 266.22 | Overbought |
| Stochastic RSI | 100.00 | Overbought |
| ROC | 4.52 | Positive |
| William %R | -4.29 | Overbought |
| EMA | Value | Stock Position |
|---|---|---|
| 5 EMA | 53.18 | Above |
| 10 EMA | 52.72 | Above |
| 20 EMA | 52.61 | Above |
| 50 EMA | 52.57 | Above |
| 100 EMA | 52.41 | Above |
| 200 EMA | 52.73 | Above |
Based on our positional stock recommendations for Saudi Tadawul, First Milling stock price target will be SAR 57 - SAR 58 in the next 12-14 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.
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