- Naranj Research Desk
- 🇸🇦 Saudi Stock Market
- 🇺🇸 USA Stock Market
8% - 10%
12 - 14 Days
8% - 10%
12 - 14 Days
United International Transportation Company, founded in 1978 and based in Jeddah, Saudi Arabia, operates under the Budget Rent a Car brand. It provides vehicle leasing, rentals, and used car sales. Its services include short- and long-term rentals, chauffeur and limousine services, cross-border rentals, and corporate leasing. The company also deals with heavy vehicles and equipment, offering rentals, sales, and spare parts. In addition, it is involved in goods transportation, air cargo, marine freight, and vehicle maintenance.
BUDGET SAUDI — TASI —
Current RSI of this stock is 66.17, 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.
MACD line has crossed the signal line from the below, generates bullish signal.
Based on our positional stock recommendations for Saudi Tadawul, United International Transportation stock price target will be SAR 79 - SAR 80 in the next 12-14 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.
If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website
