- Naranj Research Desk
Fitaihi Holding Group, specializes in gold, jewelry, and luxury products, primarily in the country. The company offers gifts, crystal and silverware, antiques, household utensils, textiles, leather goods, watches, chocolates, bed-linen, toilet sets, accessories, men’s, women’s, and children’s wear, handicrafts, bags, blankets, sheets, bedspreads, sweets, carpets, rugs, handicrafts cutting tools, and ceramics. The company also engages in cleaning and maintenance of swimming pools, parks, gardens, welding workshops, and trades in electronic goods. Fitaihi Holding Group also invests in medical, agriculture, and other sectors. The company retails its products and acts as an agent/distributor of various brand names. Fitaihi Holding Group was founded in 1907 and is based in Jeddah, Saudi Arabia.
FITAIHI GROUP — TASI —
Current RSI of this stock is 54.14, and just about to cross the 60 level from below which indicates the strength of buyers.
MACD line has just about to cross the signal line from the below, generates bullish signal.
The short length exponential moving average (10 EMA) just about to cross the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.
Based on our trading advice for Saudi Arabia stock market Tadawul, Fitaihi Holding Group stock price target will be SAR 4.15 - SAR 4.2 in the next 12-14 trading sessions.