- 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.
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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