Tadawul 4230 : Red Sea International - STOCK RECOMMENDATION
Idea | BUY |
Buy Range | 44.5 – 47 |
Target | 52 – 54 |
StopLoss* | below 41.5 |
Duration | 12-14 Trading Days |
Potential Returns | 11% – 15% |
Idea | Buy Range | Target | StopLoss* | Duration | Potential Returns |
BUY | 44.5 – 47 | 52 – 54 | below 41.5 | 12-14 Trading Days | 11% – 15% |
* Once the first target hit, reset the StopLoss at your buying price.
Our recommendations are authentic and transparent. Find this recommendation posted in Tradingview. Be assured such records are permanent and irreversible.
Tadawul 4230 : Red Sea International - STOCK OVERVIEW
Red Sea International Company, based in Riyadh, Saudi Arabia, specializes in modular building solutions across Saudi Arabia, the UAE, and globally. They develop, construct, sell, and lease residential and commercial properties, including temporary and semi-permanent industrial buildings like workforce accommodations, offices, and hospitals. The company also provides housing solutions for both private and public sectors, along with building materials, general contracting, maintenance, and utility construction services. Established in 1967, Red Sea International serves various sectors, including oil and gas, infrastructure, and defense, and is a subsidiary of Al Dabbagh Group Holding Company Limited.
Stock Data | |
TADAWUL Code | 4230 |
Sectoral Index | Real Estate Management |
52 Weeks High | 49.6 |
52 Weeks Low | 19.9 |
Tadawul 4230 : Red Sea International - RELATIVE STRENGTH
Relative Performance - Last 1 Year
Red Sea International — TASI —
Tadawul 4230 : Red Sea International - TECHNICAL ANALYSIS (DAILY)
- After experiencing a notable drop, the stock has now entered an extended period of consolidation.
- During this phase, an Inverted Head & Shoulders pattern has emerged, suggesting a potential trend reversal.
- Currently, the price is trending upward, bolstered by a robust breakout and a significant increase in trading volume.
Tadawul 4230 : Red Sea International - RSI
- Current RSI of this stock is 76.05, which indicates the strength of buyers.
Tadawul 4230 : Red Sea International - ADX & DI
- 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.
Tadawul 4230 : Red Sea International - EMA CROSS
- The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last dayโs candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.
CONCLUSION - Tadawul 4230 : Red Sea International STOCK PRICE FORECAST
Based on our stock trading advice in Saudi Arabia, Red Sea International stock price target will be SAR 52 – SAR 54 in the next 12-14 trading sessions.