- Naranj Research Desk
- 🇸🇦 Saudi Stock Market
- 🇺🇸 USA Stock Market
Saudi Electricity Company (SEC), based in Riyadh, generates, transmits, and distributes electricity across Saudi Arabia. It operates through four main segments — Generation, Transmission, Distribution & Subscriber Services, and Others.
Besides electricity, SEC is involved in building and managing electric and fiber optic networks, providing telecom services, managing energy and water projects, and investing in real estate. It also supports international bond and sukuk issuances.
The company serves a wide range of customers, including government, industrial, agricultural, commercial, and residential sectors. Established in 2000, SEC is the main electricity provider in Saudi Arabia.
SAUDI ELECTRICITY — TASI —
| Indicator | Value | Zone |
|---|---|---|
| RSI-14 | 50.537 | Neutral |
| CCI-14 | 134.8489 | Overbought |
| ROC | -0.07 | Negative |
| Stochastic RSI | 100 | Overbought |
| William %R | -42.857 | Neutral |
| EMA | Value | Stock Position |
|---|---|---|
| 5 DEMA | 132.34 | Above |
| 10 DEMA | 132.23 | Above |
| 20 DEMA | 134.22 | Above |
| 50 DEMA | 137.37 | Below |
| 100 DEMA | 140.90 | Below |
| 200 DEMA | 147.08 | Below |
Based on our Saudi stock signals for trading, Saudi Electricity stock price target will be SAR 15 - SAR 15.3 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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