- Naranj Research Desk
- 🇸🇦 Saudi Stock Market
- 🇺🇸 USA Stock Market
Dar Al Arkan Real Estate Development Company, along with its subsidiaries, is primarily involved in the development, management, leasing, and sale of real estate projects and related activities within the Kingdom of Saudi Arabia. Additionally, the company manages, operates, and maintains both residential and commercial properties, as well as public facilities. Its activities also include land acquisition, general contracting, real estate investments, and property management services. Established in 1994, the company is headquartered in Riyadh, Saudi Arabia.
DAR ALARKAN — TASI —
Current RSI of this stock is 59.90, which indicates the strength of buyers.
Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.
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.
Based on our Saudi stocks trading guidance, Dar Alarkan Real Estate Development stock price target will be SAR 18.2 - SAR 18.5 in the next 12-14 trading sessions.
