Tadawul 7203 : Elm Company - STOCK RECOMMENDATION
Idea | BUY |
Buy Range | 870 – 885 |
Target | 945 – 955 |
StopLoss* | below 840 |
Duration | 14-16 Trading Days |
Potential Returns | 7% – 8% |
Idea | Buy Range | Target | StopLoss* | Duration | Potential Returns |
BUY | 870 – 885 | 945 – 955 | below 840 | 14-16 Trading Days | 7% – 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 7203 : Elm Company - STOCK OVERVIEW
Taiba Investment Company engages in various real estate activities, including investment, acquisition, development, sale, leasing, operation, maintenance, marketing, and management of properties in Saudi Arabia. Additionally, the company invests in and oversees hotels, hospitals, tourist resorts, recreational facilities, and tourism-related establishments. It also assumes responsibility for the operation, maintenance, and management of cities and public facilities. Furthermore, Taiba Investment Company is involved in architectural, civil, mechanical, and electrical contracting, as well as industrial and mining operations. The company also offers credit and mortgage services. Originally known as Taiba Holding Co., is headquartered in Riyadh, Saudi Arabia.
Stock Data | |
TADAWUL Code | 7203 |
Sectoral Index | Software & Services |
52 Weeks High | 1125 |
52 Weeks Low | 622.4 |
Tadawul 7203 : Elm Company - RELATIVE STRENGTH

Relative Performance - Last 1 Year
Elm Company — TASI —
Tadawul 7203 : Elm Company - TECHNICAL ANALYSIS (DAILY)

- The stock price initially formed a Symmetrical Triangle pattern and traded within it.
- After breaking out, it formed a bullish Pole & Flag pattern followed by a bullish Pennant pattern.
- The stock then broke out of the Pennant pattern and moved higher. Volume increased notably during this period.
- The stock encountered resistance near the 48 level and experienced a sharp decline.
- However, it found support near the 38 level and began to rise.
- Another Symmetrical Triangle pattern has emerged on the chart, indicating a potential upward breakout and continuation of the uptrend.
Tadawul 7203 : Elm Company - RSI

- The stock’s current RSI is 52.05, and the upward trend of the RSI line indicates the strength of buyers.
Tadawul 7203 : Elm Company - EMA Cross

- 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 dayโs candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.
Tadawul 7203 : Elm Company - MACD

- MACD line has crossed the signal line from the below, generates bullish signal.
CONCLUSION - Tadawul 7203 : Elm Company STOCK PRICE FORECAST
Based on our stock trading advice in Saudi Arabia, Elm Company stock price target will be SAR 945 – SAR 955 in the next 14-16 trading sessions.