Saudi Prime Trading Advice (B) | 21-Apr-2025 | Expected Gain 6%-8%

 BUY   Yamama Cement (TADAWUL: 3020)

Tadawul 3020 : Yamama Cement - STOCK RECOMMENDATION

Idea BUY
Buy Range 34.35 – 35.5
Target 37.65 – 38.3
StopLoss* below 33.85
Duration 14-15 Trading Days
Potential Returns 6% – 8%
Idea Buy Range Target StopLoss* Duration Potential Returns
BUY 34.35 – 35.5 37.65 – 38.3 below 33.85 14-15 Trading Days 6% – 8%

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

Our recommendations are authentic and transparent. Find this recommendation posted in Tradingview. Be assured such records are permanent and irreversible.

Tadawul 3020 : Yamama Cement - STOCK OVERVIEW

Yamama Cement Company is involved in the manufacturing, production, and trading of cement and its associated accessories, derivatives, and components within Saudi Arabia. The company provides a variety of cement types, including ordinary Portland, sulfate-resistant Portland, white and colored cement, oil-well cement, fast-setting Bozolani cement, and bacteriostatic cement, in addition to clinker. Established in 1956, the company is based in Riyadh, Saudi Arabia.

Stock Data
TADAWUL Code 3020
Sectoral Index Materials
52 Weeks High 39.45
52 Weeks Low 28.05

Tadawul 3020 : Yamama Cement - RELATIVE STRENGTH

TADAWUL 3020 - YC - RELATIVE STRENGTH

Relative Performance - Last 1 Year

YC —     TASI —

Tadawul 3020 : Yamama Cement - TECHNICAL ANALYSIS (DAILY)

Tadawul 3020 : Yamama Cement - Technical Analysis (Daily)
  • The stock price underwent a significant consolidation period.
  • An Inverted Head & Shoulders pattern has formed, and following the breakout, the stock price initially moved upside before retracing to the breakout level.
  • After a successful retest, the price is once again trending upward.

Tadawul 3020 : Yamama Cement - Stochastic

Tadawul 3020 : Yamama Cement - Stochastic
  • The K (Blue) line has just crossed the D (Orange) line from the below, generates bullish signal.

CONCLUSION - Tadawul 3020 : Yamama Cement STOCK PRICE FORECAST

Based on our stock trading advice in Saudi Arabia, Yamama Cement stock price target will be SAR 37.65 – SAR 38.3 in the next 14-15 trading sessions.

Tadawul 3020 : Yamama Cement - TRADINGVIEW POSITION UPDATE

MONEY MANAGEMENT AND TRADING RULES

1)  It’s advisable to enter/exit in the recommended range.
2)  Strictly follow the StopLoss as mentioned. Honour it.
3)  Use trailing StopLoss to retain profits.
4)  Diversify trading capital into our other trading recommendations.
5)  Risk only the money what you can afford to lose. Hedge accordingly.

Advisor / ANALYST SUMMARY

The stock trading advice is prepared by the Naranj Capital team under the guidance of Arijit Banerjee, CMT, CFTe. Arijit is a veteran trader and an active investor having in-depth knowledge of financial market research, advanced technical analysis, market cycle, algorithmic trading, and portfolio management. He is a Chartered Market Technician (CMT) accredited by CMT Association USA, the global authority of Technical Analysis and also has been honored as a Certified Financial Technician (CFTe) by the International Federation of Technical Analysts, USA.

Disclosure

The views expressed herein are based solely on information available publicly/internal data/other sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to accuracy. The recommendations provided herein is solely for informational purposes and are not intended to be and must not be taken alone as the basis for an investment/trading decision. Trading and investing are subject to market risk and the securities discussed and opinions expressed herein may not be suitable for all investors. To read the full disclosure, please click here.

Enjoy this recommendation?
Share with your friends

Your return could be more

PROFITABLE!

access our premium recommendations

for Saudi Arabia Stock Market Tadawul

Leverage our knowledge to trade with confidence. Expert Advice for short to medium term trading with specific target and strict stoploss.

Pricing

Pricing (in SAR)

Email Newsletter

Get Free Saudi Stock Trading Advice

We respect your privacy.

× Chat With Us