- Naranj Research Desk
Saudi Cable Company is engaged in the production and distribution of electrical and telecommunications cables both within the Kingdom of Saudi Arabia and on an international scale. The company operates through two primary segments: the Sale of Manufactured Goods and Turnkey Power and Telecommunication Projects. Its product offerings include copper rods, PVC compounds, wooden reels, and various related items. Additionally, the company is involved in the contracting, trading, and distribution of cables, electronic products, information technology solutions, and associated accessories. Saudi Cable Company also provides electrical and telecommunication services, participates in international trade, and manufactures as well as distributes electronic equipment and goods. Established in 1975, the company is headquartered in Jeddah, Saudi Arabia.
SAUDI CABLE — TASI —
| Indicator | Value | Zone |
|---|---|---|
| RSI-14 | 47.362 | Neutral |
| CCI-14 | -11.23 | Neutral |
| Stochastic RSI | 27.11 | Oversold |
| ROC | -4.39 | Negative |
| William %R | -61.33 | Neutral |
| EMA | Value | Stock Position |
|---|---|---|
| 5 EMA | 156.57 | Above |
| 10 EMA | 157.27 | Below |
| 20 EMA | 158.05 | Below |
| 50 EMA | 155.21 | Above |
| 100 EMA | 150.53 | Above |
| 200 EMA | 142.03 | Above |
Based on our Saudi stock trading ideas, Saudi Cable Company stock price target will be SAR 165 - SAR 168 in the next 12-14 trading sessions.