Tadawul 4003 : United Electronics - STOCK RECOMMENDATION
Idea | BUY |
Buy Range | 95.5 – 96.5 |
Target | 102.5 – 103 |
StopLoss* | below 89 |
Duration | 10-12 Trading Days |
Potential Returns | 6 – 7% |
Idea | Buy Range | Target | StopLoss* | Duration | Potential Returns |
BUY | 95.5 – 96.5 | 102.5 – 103 | below 89 | 10-12 Trading Days | 6 – 7% |
* Once the first target hit, reset the StopLoss at your buying price.
Our recommendations are authentic and transparent. Find this recommendation posted in Tradingview and Social Media. Be assured such records are permanent and irreversible.
Tadawul 4003 : United Electronics - STOCK OVERVIEW
United Electronics Company is a company that specializes in the wholesale and retail trading of electric appliances, electronic gadgets, computers, spare parts, accessories, furniture, office equipment, tools, maintenance and repair services, third-party marketing, and consumer financing services. It operates in three main segments: Sales and Services, Consumer Finance, and Others. The Sales and Services segment encompasses various activities such as retail and wholesale trading, E-commerce, installation and repair services for electronic products, computers, smartphones, and accessories. Additionally, it offers extended warranties, gift cards, and installment sales. The Consumer Finance segment engages in consumer financing activities through different arrangements, including Murabaha, Tawarruq, and Islamic credit card financing. United Electronics Company is headquartered in Khobar, Saudi Arabia.
Stock Data | |
TADAWUL Code | 4003 |
Sectoral Index | Consumer Discretionary Distribution & Retail |
52 Weeks High | 98 |
52 Weeks Low | 70.9 |
Tadawul 4003 : United Electronics - RELATIVE STRENGTH

Relative Performance - Last 1 Year
United Electronics — TASI —
Tadawul 4003 : United Electronics - TECHNICAL ANALYSIS (DAILY)

- Price was going through a deep consolidation phase.
- Price took multiple rejection at around 83 level and couldn’t go beyond the level.
- During this phase, an Ascending Triangle pattern has been formed.
- Finally the price managed to breakout the resistance zone and with a short pull back price moved upside and reached at 95 level.
- A Double Bottom pattern can also be seen at the chart, which indicated the price might go upside.
- ย With three consecutive rejection, finally the price managed to breakout.
- if the price manages to sustain this level then more upside move possible in future.
Tadawul 4003 : United Electronics - MA Cross

- The short length moving average (10 SMA) has crossed the long length moving average (20 SMA) from the below, generates bullish signal.
Tadawul 4003 : United Electronics - MACD

- MACD line has just crossed the signal line from the below and a positive histogram chart is forming. This can be considered as a bullish signal.
Tadawul 4003 : United Electronics - RSI

- Current RSI of this stock is 61.37, which indicates the strength of buyers.
CONCLUSION - Tadawul 4003 : United Electronics STOCK PRICE FORECAST
Based on our stock trading advice in Saudi Arabia, United Electronics stock price target will be SAR 102.5 – SAR 103 in the next 12-14 trading sessions.
Tadawul 4003 : United Electronics - TRADINGVIEW POSITION UPDATE
Follow Tadawul 4003 : United Electronics TRADING ADVICE On Social Media
๐ ูุตูุญุฉ ุงูุฃุณูู ุงูู ู ูุฒุฉ
— Naranj Capital ูุงุฑุงูุฌ ูุงุจูุชุงู (@NaranjCapital) March 4, 2024
๐ผ ููุชู ู ุงูุณูู ุฅูู ูุทุงุน ุชูุฒูุน ุงูู ุณุชููููู ูุงูุชุฌุฒุฆุฉ
๐ฐ ุงูุนูุงุฆุฏ ุงูู ุญุชู ูุฉ: 6%-7% ุฎูุงู 10-12 ููู ุชุฏุงูู
๐ข ููุญุตูู ุนูู ูุทุงู ุงูุดุฑุงุก ุงูุฏููู ูุงููุฏู ูุฅููุงู ุงูุฎุณุงุฑุฉ ููุชุฑุฉ ุงูุงูุชุธุงุฑุ ุงุดุชุฑู ูู ุฎุฏู ุงุชูุง ุงูู ุฏููุนุฉ. ูู ุจุฒูุงุฑุฉ ุงูู ููุน ู ู ุงูุฑุงุจุท ุงูู ุฐููุฑ ูู ุงูุจุงูู!โฆ pic.twitter.com/LEGgyoXkHC