Tadawul trade advice (A): Saudi real estate stock | 6-8% gain | KSA stock trading signal on 21 Apr 2025

Date

April 21, 2025

Analysed By

Naranj Capital Research Desk

Stock Market

Tadawul, Saudi Arabia

Target hit. Trade closed.

MCDC 4100

21 Apr 2025

29 Apr 2025

6 days

Loss per
100,000 SAR

Stop-loss

97.5

Buy Advice

21 Apr 2025

101 – 105

Target 1

29 Apr 2025

111

Target 2

29 Apr 2025

113

Profit per
100,000 SAR

6 days

8,092

97.5

101 – 105

111

113

8,092

21 Apr 2025

29 Apr 2025

6 days

Loss per
100,000 SAR

Stop-loss

97.5

Buy Advice

21 Apr 2025

101 – 105

Target 1

29 Apr 2025

111

Target 2

29 Apr 2025

113

Profit per
100,000 SAR

6 days

8,092

97.5

101 – 105

111

113

8,092

Trading Tips for Saudi Stocks

Buy

Buy
Range

Target

Stoploss

Upside
Potential

Trade
Duration

Makkah Construction and Development

101 – 105

111 – 113

Below 97.5

6% - 8%

14 - 15 Days

Buy Makkah Construction and Development

Buy
Range 101 – 105

Target 111 – 113

Stoploss Below 97.5

Upside
Potential 6% - 8%

Trade
Duration 14 - 15 Days

Buy

Buy
Range

Target

Stoploss

Upside
Potential

Trade
Duration

Makkah Construction and Development

101 – 105

111 – 113

Below 97.5

6% - 8%

14 - 15 Days

Buy

Makkah Construction and Development

Buy
Range

101 – 105

Target

111 – 113

Stoploss

Below 97.5

Upside
Potential

6% - 8%

Trade
Duration

14 - 15 Days

* Once the first target hit, reset the StopLoss at your buying price.

* Trade durations are approximate; actual holding period may vary.

Tadawul 4100 : Makkah Construction and Development - Stock Overview

Tadawul code

Stock Name

Sector

52 Weeks High

52 Weeks Low

4100

MCDC

Real Estate

114.6

72.8

Tadawul code 4100

Stock Name MCDC

Sector Real Estate

52 Weeks High 114.6

52 Weeks Low 72.8

Company profile

Makkah Construction and Development Company is actively involved in investing, owning, developing, managing, purchasing, and leasing properties in close proximity to Al Masjid Al Haram in Saudi Arabia. The company also undertakes various engineering projects, which encompass building, construction, repair, and demolition activities. Additionally, it operates hotels and provides services for Hajj and Umrah. Established in 1989, the company is based in Mecca, Saudi Arabia.

Tadawul 4100 : Makkah Construction and Development vs TASI - Relative Strength Comparison

The image showcases Makkah Construction and Development's 1-year performance relative to TASI. — Relative Performance - Last 1 Year
MCDC — TASI —

Tadawul 4100 : Makkah Construction and Development - Technical Analysis (Daily)

Makkah Construction and Development - Technical Analysis chart on Daily Price and Volume

The stock price is moving upward within a parallel ascending channel and has recently rebounded from the trendline support.
This suggests that the bullish momentum is likely to continue, with further upside expected in the near term.

Tadawul 4100 : Makkah Construction and Development - Stochastic Indicator

Makkah Construction and Development stock analysis based on Stochastic indicator — Makkah Construction and Development - Stochastic indicator

The K (Blue) line has just crossed the D (Orange) line from the below, generates bullish signal.

Tadawul 4100 : Makkah Construction and Development - MACD Indicator

Makkah Construction and Development stock analysis based on MACD indicator — Makkah Construction and Development - MACD indicator

MACD line is just about to cross the signal line from the below, generates bullish signal.

Conclusion - Tadawul 4100 : Makkah Construction and Development Stock Price Forcast

Based on our short term trading advice for Saudi Tadawul, Makkah Construction and Development stock price target will be SAR 111 - SAR 113 in the next 14-15 trading sessions.

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