- Naranj Research Desk
6% – 8%
10 - 12 Days
6% – 8%
10 - 12 Days
Saudi Automotive Services Company, established in 1982, operates a network of vehicle service stations across Saudi Arabia. It provides car maintenance, repair services, manages an automobile club for international driving licenses, and offers fuel and water transportation. The company also deals in land and real estate, issues custom traffic documents, and operates rest houses, motels, and restaurants. It also imports and sells food, drinks, raw materials, and beverages. It manages motorsports, organizes races, and sets up workshops for repairs. The company also manages hotels, offers property management services, and takes on contracts for building, managing, leasing, and operating residential and commercial properties.
SASCO — TASI —
| Indicator | Value | Zone |
|---|---|---|
| RSI-14 | 70.04 | Overbought |
| CCI-14 | 195.64 | Overbought |
| ROC | 6.59 | Positive |
| Stochastic %K | 74.03 | Neutral |
| William %R | -9.83 | Overbought |
| EMA | Value | Stock Position |
|---|---|---|
| 5 EMA | 70.99 | Above |
| 10 EMA | 70.1 | Above |
| 20 EMA | 69.78 | Above |
| 50 EMA | 68.71 | Above |
| 100 EMA | 66.25 | Above |
| 200 EMA | 62.25 | Above |
Based on our short term trading advice for Saudi Tadawul, Saudi Automotive Services stock price target will be SAR 76 - SAR 78 in the next 12-14 trading sessions.