- Naranj Research Desk
- 🇸🇦 Saudi Stock Market
- 🇺🇸 USA Stock Market
7% - 9%
14 - 15 Days
7% - 9%
14 - 15 Days
Methanol Chemicals Company produces and sells formaldehyde and related chemical products used in industries like construction, plastics, and resins.
It also makes other chemicals like methanol, amines, and industrial additives.
Founded in 1989, the company is based in Jubail, Saudi Arabia, and was previously known as Saudi Formaldehyde Chemical Company.
CHEMANOL — TASI —
| Indicator | Value | Zone |
|---|---|---|
| RSI-14 | 70.54 | Overbought |
| CCI-14 | 167.62 | Overbought |
| Stochastic RSI | 100.00 | Overbought |
| ROC | 14.16 | Positive |
| William %R | 0 | Overbought |
| EMA | Value | Stock Position |
|---|---|---|
| 5 EMA | 8.58 | Above |
| 10 EMA | 8.31 | Above |
| 20 EMA | 7.97 | Above |
| 50 EMA | 7.67 | Above |
| 100 EMA | 8.13 | Above |
| 200 EMA | 9.56 | Below |
Based on our Prime trade advice for Saudi Tadawul, Methanol Chemicals Company stock price target will be SAR 9.6 - SAR 9.8 in the next 14-15 trading sessions.
