Tadawul trade advice (C): Saudi software & services stock | 5-6% gain | KSA stock trading signal on 26 Aug 2024

Date
August 26, 2024
Analysed By
Naranj Capital Research Desk
Stock Market
Tadawul, Saudi Arabia

Stoploss reached. Trade closed.

15 days
16 Sep 2024
26 Aug 2024
Loss per
100,000 SAR
15 days
-2,564
Stop-loss
16 Sep 2024
15.2
Buy Advice
26 Aug 2024
15.6 – 16
Target 1
16.75
Target 2
17
Profit per
100,000 SAR
-2,564
15.2
15.6 – 16
16.75
17
15 days
16 Sep 2024
26 Aug 2024
Loss per
100,000 SAR
15 days
-2,564
Stop-loss
16 Sep 2024
15.2
Buy Advice
26 Aug 2024
15.6 – 16
Target 1
16.75
Target 2
17
Profit per
100,000 SAR
-2,564
15.2
15.6 – 16
16.75
17
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Perfect Presentation for Commercial Services
  • 15.6 – 16
  • 16.75 – 17
  • Below 15.2
  • 5% – 6%
  • 12 - 14 Days
  • Buy Perfect Presentation for Commercial Services
  • Buy
    Range
    15.6 – 16
  • Target 16.75 – 17
  • Stoploss Below 15.2
  • Upside
    Potential
    5% – 6%
  • Trade
    Duration
    12 - 14 Days
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Perfect Presentation for Commercial Services
  • 15.6 – 16
  • 16.75 – 17
  • Below 15.2
  • 5% – 6%
  • 12 - 14 Days
  • Buy
    Perfect Presentation for Commercial Services
  • Buy
    Range
    15.6 – 16
  • Target
    16.75 – 17
  • Stoploss
    Below 15.2
  • Upside
    Potential
    5% – 6%
  • Trade
    Duration
    12 - 14 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Tadawul 7204 : Perfect Presentation for Commercial Services - Stock Overview

  • Tadawul code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • 7204
  • 2P
  • Software & Services
  • 18.78
  • 9.78
  • Tadawul code 7204
  • Stock Name 2P
  • Sector Software & Services
  • 52 Weeks High 18.78
  • 52 Weeks Low 9.78
  • Company profile

    Perfect Presentation for Commercial Services Company is an ICT and technology solutions provider in Saudi Arabia. It delivers operations and maintenance, software licensing and development, text messaging services, and internet solutions. The company specializes in training for call centers and customer service, along with customer experience management and advisory services for establishing call centers. Additionally, it manages call centers and provides human resources for customer service roles. The company also offers various systems for call centers, including open-source solutions, IVR systems, call recording, CRM, and performance reporting tools. Established in 2004, it is headquartered in Riyadh, Saudi Arabia.

  • Tadawul 7204 : Perfect Presentation for Commercial Services vs TASI - Relative Strength Comparison

    The image compares Perfect Presentation for Commercial Services's 1-year performance to TASI.
    Relative Performance - Last 1 Year
    2P —   TASI —

  • Tadawul 7204 : Perfect Presentation for Commercial Services - Technical Analysis (Daily)

    Perfect Presentation for Commercial Services - Technical Analysis chart on Daily Price and Volume
    Perfect Presentation for Commercial Services - Technical Analysis chart on Daily Price and Volume

    • Previously, the stock price stabilized and created a Rounding Bottom pattern.
    • Following the breakout, the price skyrocketed, reaching an all-time high around the 19 level.
    • Following that, the price started to decline, ultimately reached to the support level that had once served as resistance.
    • After rebounding from this support, the price surged upward, and following a pullback, it is now trading near its trendline resistance level, with a breakout anticipated soon.
  • Tadawul 7204 : Perfect Presentation for Commercial Services - RSI Indicator

    Perfect Presentation for Commercial Services stock analysis based on RSI indicator
    Perfect Presentation for Commercial Services - RSI Indicator

    • Current RSI of this stock is 64.53, which indicates the strength of buyers.

  • Tadawul 7204 : Perfect Presentation for Commercial Services - EMA Crossover

    Perfect Presentation for Commercial Services stock analysis based on EMA Crossover
    Perfect Presentation for Commercial Services - EMA Crossover

    • The short length exponential moving average (10 EMA) has just 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.

  • Tadawul 7204 : Perfect Presentation for Commercial Services - MACD Indicator

    Perfect Presentation for Commercial Services stock analysis based on MACD indicator
    Perfect Presentation for Commercial Services - MACD Indicator

    • MACD line has just crossed the signal line from the below, generates bullish signal.

  • Conclusion - Tadawul 7204 : Perfect Presentation for Commercial Services Stock Price Forecast

    Based on our KSA trading and investment advice, Perfect Presentation for Commercial Services stock price target will be SAR 16.75 - SAR 17 in the next 12-14 trading sessions.

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    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.

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