Tadawul trade advice (B): Saudi metals & mining stock | 5-7% gain | KSA stock trading idea on 4 May 2026

Date
May 4, 2026
Analysed By
Naranj Capital Research Desk
Stock Market
Tadawul, Saudi Arabia
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Saudi Steel Pipe
  • 58 - 59
  • 62 - 63
  • Below 54
  • 5% – 7%
  • 12 - 14 Days
  • Buy Saudi Steel Pipe
  • Buy
    Range
    58 - 59
  • Target 62 - 63
  • Stoploss Below 54
  • Upside
    Potential
    5% – 7%
  • Trade
    Duration
    12 - 14 Days
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Saudi Steel Pipe
  • 58 - 59
  • 62 - 63
  • Below 54
  • 5% – 7%
  • 12 - 14 Days
  • Locked Image
    Locked Image
    Locked Image
    Locked Image

    5% – 7%

    12 - 14 Days

  • Buy
    Saudi Steel Pipe
  • Buy
    Range
    58 - 59
  • Target
    62 - 63
  • Stoploss
    Below 54
  • 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 1320 : Saudi Steel Pipe - Stock Overview

  • Tadawul code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • 1320
  • SSP
  • Metals & Mining
  • 61.90
  • 35.80
  • Tadawul code 1320
  • Stock Name SSP
  • Sector Metals & Mining
  • 52 Weeks High 61.90
  • 52 Weeks Low 35.80
  • Company profile

    Saudi Steel Pipes Company is a steel pipe manufacturer based in Dammam, Saudi Arabia, founded in 1980. The company produces and supplies welded and seamless steel pipes used in oil & gas, water, construction, and industrial sectors. Its products include coated, galvanized, and threaded pipes, along with specialized pipes for infrastructure projects. In simple terms, it manufactures and distributes steel pipes and related materials for various industries, both locally and internationally.

  • Tadawul 1320 : Saudi Steel Pipe vs TASI - Relative Performance

    The image highlights Saudi Steel Pipe's performance over the last year versus TASI.
    Relative Performance - Last 1 Year
    SSP —   TASI —

  • Tadawul 1320 : Saudi Steel Pipe - Price Performance

    Saudi Steel Pipe - Price Performance
    Saudi Steel Pipe - Price Performance

  • Tadawul 1320 : Saudi Steel Pipe - Technical Analysis (Daily)

    Saudi Steel Pipe - Technical Analysis chart on Daily Price and Volume
    Saudi Steel Pipe - Technical Analysis chart on Daily Price and Volume

    • The price has broken above the trendline resistance and is now positioned for a potential upside move.
  • Tadawul 1320 : Saudi Steel Pipe - Oscillators

    Indicator Value Zone
    RSI-14 76.10 Overbought
    CCI-14 238.00 Overbought
    ROC 17.00 Positive
    Stochastic RSI 70.69 Neutral
    William %R -2.70 Overbought

  • Tadawul 1320 : Saudi Steel Pipe - Exponential Moving Averages

    EMA Value Stock Position
    5 EMA 56.88 Above
    10 EMA 55.2 Above
    20 EMA 52.42 Above
    50 EMA 47.51 Above
    100 EMA 45.6 Above
    200 EMA 47.56 Above

  • Conclusion - Tadawul 1320 : Saudi Steel Pipe Stock Price Forecast

    Based on our Saudi stock signals for trading, Saudi Steel Pipe stock price target will be SAR 62 - SAR 63 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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