Tadawul 1321 : East Pipes Integrated vs TASI - Relative Strength Comparison

Tadawul 1321 : East Pipes Integrated - Technical Analysis (Daily)

• The stock price reached an all-time high near the 178 level, encountered significant resistance there.
• Afterward, it dropped to the 135 level, where it found support.
• At present, the stock price is steadily rising, suggesting strong growth potential.

Tadawul 1321 : East Pipes Integrated - RSI

• Current RSI of this stock is 69.86, which indicates the strength of buyers.

Tadawul 1321 : East Pipes Integrated - MACD Indicator

• MACD line has just crossed the signal line from the below, generates bullish signal.

Tadawul 1321 : East Pipes Integrated - EMA Crossover

• The short length exponential moving average (10 EMA) has crossed 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.

Conclusion - Tadawul 1321 : East Pipes Integrated Stock Price Forecast

Based on our short term trading advice for Saudi Tadawul, East Pipes Integrated stock price target will be SAR 175 - SAR 177 in the next 12-14 trading sessions.