Tadawul 1302 : Bawan - STOCK RECOMMENDATION
Idea | BUY |
Buy Range | 58 – 60 |
Target | 63 – 64 |
StopLoss* | below 56 |
Duration | 12-14 Trading Days |
Potential Returns | 5% – 7% |
Idea | Buy Range | Target | StopLoss* | Duration | Potential Returns |
BUY | 58 – 60 | 63 – 64 | below 56 | 12-14 Trading Days | 5% – 7% |
* Once the first target hit, reset the StopLoss at your buying price.
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Tadawul 1302 : Bawan - STOCK OVERVIEW
Bawan Company produces and sells metal and steel products in Saudi Arabia. It operates through several segments: Metal and Wood, Plastic, Electrical, and Others. The Metal and Wood segment manufactures wooden pallets, plywood, coated boards, platforms, bowls, boxes, and steel buildings. It also offers general contracting services, including repair, demolition, and construction of various facilities, along with maintenance and installation of electrical systems. The Plastic segment creates polystyrene foam plates, packaging materials, and various types of polyvinyl chloride sheets, as well as PET containers and bottles. The Electrical segment focuses on wholesale and retail of transformers, stabilizers, chargers, and related equipment, along with import/export and logistics services. Established in 1980, Bawan Company is based in Riyadh, Saudi Arabia.
Stock Data | |
TADAWUL Code | 1302 |
Sectoral Index | Capital Goods |
52 Weeks High | 61 |
52 Weeks Low | 37.35 |
Tadawul 1302 : Bawan - RELATIVE STRENGTH

Relative Performance - Last 1 Year
Bawan — TASI —
Tadawul 1302 : Bawan - TECHNICAL ANALYSIS (DAILY)

- The stock experienced a downward trend, formed a Descending Broadening Wedge pattern.
- Additionally, an Inverted Head & Shoulders pattern appeared, suggested a possible trend reversal.
- After breaking out, the stock price pulled back to the breakout level, and following a successful retest, it soared to a record high of 61.
- After a minor pullback, the price is rising again.
Tadawul 1302 : Bawan - RSI

- Current RSI of this stock is 67.81, which indicates the strength of buyers.
Tadawul 1302 : Bawan - 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.
Tadawul 1302 : Bawan - 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.
CONCLUSION - Tadawul 1302 : Bawan STOCK PRICE FORECAST
Based on our stock trading advice in Saudi Arabia, Bawan stock price target will be SAR 63 – SAR 64 in the next 12-14 trading sessions.