- Naranj Research Desk
- 🇸🇦 Saudi Stock Market
- 🇺🇸 USA Stock Market
4% - 5%
14 - 15 Days
4% - 5%
14 - 15 Days
SABIC Agri-Nutrients Company, a subsidiary of Saudi Basic Industries Corporation (SABIC), is a global producer of fertilizers and chemical products. Headquartered in Al Jubail, Saudi Arabia, the company operates across markets including the U.S., India, Singapore, UAE, and more. Its key products include urea, ammonia, phosphate fertilizers, and petrochemicals like 2-ethylhexanol and di-octyl phthalate. Founded in 1965 as the Saudi Arabian Fertilizer Company, it now operates under two segments: Agri-Nutrients and Petrochemicals.
SABIC AGRI-NUTRIENTS — TASI —
Current RSI of this stock is 70.61, which indicates the strength of buyers.
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.
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.
Based on our Saudi stocks trading advice, SABIC Agri-Nutrients stock price target will be SAR 124 - SAR 124.5 in the next 14-15 trading sessions.
Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.
Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.
Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.
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