Tadawul trade advice (A): Saudi materials stock | 5-7% gain | KSA stock trading signal on 24 Aug 2026

Date
August 24, 2026
Analysed By
Naranj Capital Research Desk
Stock Market
Tadawul, Saudi Arabia
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Saudi Arabian Mining
  • 67 - 68.5
  • 72 - 73
  • Below 64
  • 5% – 7%
  • 12 - 14 Days
  • Buy Saudi Arabian Mining
  • Buy
    Range
    67 - 68.5
  • Target 72 - 73
  • Stoploss Below 64
  • Upside
    Potential
    5% – 7%
  • Trade
    Duration
    12 - 14 Days
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Saudi Arabian Mining
  • 67 - 68.5
  • 72 - 73
  • Below 64
  • 5% – 7%
  • 12 - 14 Days
  • Locked Image
    Locked Image
    Locked Image
    Locked Image

    5% – 7%

    12 - 14 Days

  • Buy
    Saudi Arabian Mining
  • Buy
    Range
    67 - 68.5
  • Target
    72 - 73
  • Stoploss
    Below 64
  • 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 1211 : Saudi Arabian Mining - Stock Overview

  • Tadawul code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • 1211
  • MAADEN
  • Materials
  • 79.90
  • 51.25
  • Tadawul code 1211
  • Stock Name MAADEN
  • Sector Materials
  • 52 Weeks High 79.90
  • 52 Weeks Low 51.25
  • Company profile

    Rasan Information Technology Company is a fintech firm offering insurance and financial services in Saudi Arabia. It operates Tameeni for comparing and purchasing insurance, Treza for motor leasing solutions, Awalmazad for online auto auctions of salvage and repossessed vehicles, RS for business intelligence and pricing models, and Warshti for car repairs. Additionally, it specializes in software design for computer systems and communication equipment, program and database development, vehicle auctioning, towing, storage, electronic publishing, online wholesale, and custom software solutions. Established in 2016, the company is headquartered in Riyadh.

  • Tadawul 1211 : Saudi Arabian Mining vs TASI - Relative Performance

    The image highlights Saudi Arabian Mining's performance over the last year versus TASI.
    Relative Performance - Last 1 Year
    MAADEN —   TASI —

  • Tadawul 1211 : Saudi Arabian Mining - Price Performance

    Saudi Arabian Mining - Price Performance
    Saudi Arabian Mining - Price Performance

  • Tadawul 1211 : Saudi Arabian Mining - Technical Analysis (Daily)

    Saudi Arabian Mining - Technical Analysis chart on Daily Price and Volume
    Saudi Arabian Mining - Technical Analysis chart on Daily Price and Volume

    • Following an extended period of consolidation, the stock has formed a Rounding Bottom pattern.
    • The price broke out of this pattern, reaching a record high of 84.3 before retracing to the breakout point.
    • At present, the price is attempting to maintain its upward trajectory, targeting higher levels.
  • Tadawul 1211 : Saudi Arabian Mining - Oscillators

    Indicator Value Zone
    RSI-14 76.74 OverBought
    CCI-20 125.79 OverBought
    Stochastic RSI 93.41 OverBought
    Stochastic %K 92.03 OverBought
    William %R -1.29 OverBought

  • Tadawul 1211 : Saudi Arabian Mining - Exponential Moving Averages (EMAs)

    EMA Value Stock Position
    10 EMA 65.36 Above
    20 EMA 63.28 Above
    50 EMA 61.84 Above
    100 EMA 62.55 Above
    200 EMA 62.36 Above

  • Conclusion - Tadawul 1211 : Saudi Arabian Mining Stock Price Forecast

    Based on our short term swing trading signals for Saudi Arabia, Saudi Arabian Mining stock price target will be SAR 72 - SAR 73 in the next 12-14 trading sessions.

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    Details of Arijit Banerjee

    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.

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