- Naranj Research Desk
Bank Aljazira, headquartered in Jeddah, Saudi Arabia, specializes in offering Shariah compliant banking solutions and services. Its operations are divided into several segments, namely Personal Banking, Corporate Banking, Treasury, Brokerage and Asset Management, and Others. The Personal Banking segment caters to the financial needs of individuals, providing a range of deposit, credit, and investment products. The Corporate Banking segment focuses on financing, deposits, and other credit solutions for corporate, small to medium-sized businesses, and institutional customers. The Treasury segment offers a comprehensive suite of money market, foreign exchange, trading, and treasury services. The Brokerage and Asset Management segment specializes in providing services for shares brokerage and asset management. The Others segment engages in various activities, including investing in associates, eliminating inter-segment income and expenses, and benefiting from gains on the sale of other real estate.
BJAZ — TASI —
Current RSI of this stock is 62.94, which indicates the strength of buyers.
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.
MACD line has just crossed the signal line from the below, generates bullish signal.
Based on our Saudi stock market trading signals, Bank Aljazira stock price target will be SAR 18.6 - SAR 18.8 in the next 12-14 trading sessions.