Tadawul trade advice (A): Saudi material stock | 5-7% gain | KSA stock trading signal on 10 Aug 2026

Date
August 10, 2026
Analysed By
Naranj Capital Research Desk
Stock Market
Tadawul, Saudi Arabia
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Basic Chemical Industries
  • 25 - 25.3
  • 26.5 - 27
  • Below 24
  • 5% – 7%
  • 12 - 14 Days
  • Buy Basic Chemical Industries
  • Buy
    Range
    25 - 25.3
  • Target 26.5 - 27
  • Stoploss Below 24
  • Upside
    Potential
    5% – 7%
  • Trade
    Duration
    12 - 14 Days
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Basic Chemical Industries
  • 25 - 25.3
  • 26.5 - 27
  • Below 24
  • 5% – 7%
  • 12 - 14 Days
  • Locked Image
    Locked Image
    Locked Image
    Locked Image

    5% – 7%

    12 - 14 Days

  • Buy
    Basic Chemical Industries
  • Buy
    Range
    25 - 25.3
  • Target
    26.5 - 27
  • Stoploss
    Below 24
  • Upside
    Potential
    5% – 7%
  • Trade
    Duration
    12 - 14 Days
  • Locked Image
    Locked Image
    Locked Image
    Locked Image

    5% – 7%

    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 1210 : Basic Chemical Industries - Stock Overview

  • Tadawul Code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • 1210
  • Basic Chemical Industries
  • Materials
  • 29.16
  • 22.56
  • Tadawul Code 1210
  • Stock Name Basic Chemical Industries
  • Sector Materials
  • 52 Weeks High 29.16
  • 52 Weeks Low 22.56
  • Company profile

    Basic Chemical Industries (BCI) is a prominent chemical company, headquartered in Dammam, Saudi Arabia. It plays a significant role in the country’s chemical industry, manufacturing and supplying a wide range of Chemicals; and Adhesives and Other Materials segments, for various sectors. The Chemicals segment manufactures and sells industrial chemicals, such as hydrochloric acid, caustic soda, chlorine gas, sodium hypochlorite, and polyurethane chemicals. The Adhesives and Other Materials segment manufactures and sells ferric chloride, hot and cold melt adhesives, and sulfuric acid. BCI is also involved in the purchase, formulation, processing, import, export, marketing, distribution, and acting as an agent for the sale of its products, which makes it a key player in driving economic growth and supporting the development of Saudi Arabia’s industrial sector.

  • Tadawul 1210 : Basic Chemical Industries vs TASI - Relative Performance

    The image highlights Basic Chemical Industries' performance over the last year versus TASI.
    Relative Performance - Last 1 Year
    BCI —   TASI —

  • Tadawul 1210 : Basic Chemical Industries - Price Performance

    Basic Chemical Industries - Price Performance
    Basic Chemical Industries - Price Performance

  • Tadawul 1210 : Basic Chemical Industries - Technical Analysis (Daily)

    Basic Chemical Industries - Technical Analysis chart on Daily Price and Volume
    Basic Chemical Industries - Technical Analysis chart on Daily Price and Volume

    • On the weekly chart, the stock has rebounded from long-term trendline support and broken above key trendline resistance.
    • If the price sustains above this breakout level, a strong upside move is likely in the near term.
  • Tadawul 1210 : Basic Chemical Industries - Oscillators

    Indicator Value Zone
    RSI-14 73.19 Overbought
    CCI-20 238.43 Overbought
    Stochastic RSI 100.00 Overbought
    Stochastic %K 92.69 Overbought
    William %R -3.40 Neutral

  • Tadawul 1210 : Basic Chemical Industries - Exponential Moving Averages (EMAs)

    EMA Value Stock Position
    10 EMA 24.06 Above
    20 EMA 23.78 Above
    50 EMA 23.95 Above
    100 EMA 24.40 Above
    200 EMA 25.22 Above

  • Conclusion - Tadawul 1210 : Basic Chemical Industries Stock Price Forecast

    Based on our stock trading advice in Saudi Arabia, Basic Chemical Industries stock price target will be SAR 26.5 - SAR 27 in the next 12-14 trading sessions.

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