Tadawul 8200 : Saudi Reinsurance Company - STOCK RECOMMENDATION
Idea | BUY |
Buy Range | 36 – 37 |
Target | 39.2 – 40 |
StopLoss* | below 34.8 |
Duration | 12-14 Trading Days |
Potential Returns | 6% – 8% |
Idea | Buy Range | Target | StopLoss* | Duration | Potential Returns |
BUY | 36 – 37 | 39.2 – 40 | below 34.8 | 12-14 Trading Days | 6% – 8% |
* Once the first target hit, reset the StopLoss at your buying price.
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Tadawul 8200 : Saudi Reinsurance Company - STOCK OVERVIEW
Saudi Reinsurance Company offers a diverse range of reinsurance products across the Kingdom of Saudi Arabia, as well as in other regions including the Middle East, Africa, Asia, and globally. The company is structured into five key segments: Property and Casualty, Motor, Protection, Health, and Inherent Defects Insurance. Its product offerings encompass engineering, fire, marine, motor, general accident, specialty, whole account, aviation, energy, agriculture, political risk, term and credit life, health, and inherent defects insurance. Previously known as Saudi Re for Cooperative Reinsurance, the company was established in 2008 and is headquartered in Riyadh, Saudi Arabia.
Stock Data | |
TADAWUL Code | 8200 |
Sectoral Index | Insurance |
52 Weeks High | 41.25 |
52 Weeks Low | 15.7 |
Tadawul 8200 : Saudi Reinsurance Company - RELATIVE STRENGTH

Relative Performance - Last 1 Year
Saudi Reinsurance Company — TASI —
Tadawul 8200 : Saudi Reinsurance Company - TECHNICAL ANALYSIS (DAILY)

- The stock price is on a strong upward trend, regularly making higher highs and higher lows.
- Previously, it created a Rounding Bottom pattern, and after breaking out, it rose sharply.
- After that, the price traded within a triangle pattern for a while before breaking out again.
- This pushed the price to its highest point ever, close to the 41 level.
- After reaching that level, the price encountered significant resistance, causing a pullback.
- Right now, the price seems ready to rise again.
Tadawul 8200 : Saudi Reinsurance Company - RSI

- Current RSI of this stock is 59.35, which indicates the strength of buyers.
Tadawul 8200 : Saudi Reinsurance Company - 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 8200 : Saudi Reinsurance Company - OBV

- The OBV line is moving in the same upward direction which means there is a positive sentiment in the market. Also the significant price up move accompanying with increasing OBV volume suggests strong buying pressure.
CONCLUSION - Tadawul 8200 : Saudi Reinsurance Company STOCK PRICE FORECAST
Based on our stock trading advice in Saudi Arabia, Saudi Reinsurance Company stock price target will be SAR 39.2 – SAR 40 in the next 12-14 trading sessions.