Tadawul 2190 : Sustained Infrastructure Holding vs TASI - Relative Strength Comparison

Tadawul 2190 : Sustained Infrastructure Holding - Technical Analysis (Daily)

• After breaking out of the descending parallel channel, the stock has retested the breakout level and is now poised for further upside movement.

Tadawul 2190 : Sustained Infrastructure Holding - RSI Indicator

• Current RSI of this stock is 57.75, which indicates the strength of buyers.

Tadawul 2190 : Sustained Infrastructure Holding - ADX & DI Indicator

• 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 2190 : Sustained Infrastructure Holding - EMA Crossover

• 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 day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

Conclusion - Tadawul 2190 : Sustained Infrastructure Holding Stock Price Forecast

Based on our swing trading advice for Saudi Tadawul, Sustained Infrastructure Holding stock price target will be SAR 36 - SAR 36.5 in the next 14-15 trading sessions.