- Naranj Research Desk
- 🇸🇦 Saudi Stock Market
- 🇺🇸 USA Stock Market
Riyad Bank offers a range of banking and investment services in Saudi Arabia. Its operations include Retail Banking, Investment Banking and Brokerage, Corporate Banking, and Treasury and Investments. Retail Banking provides deposits, credit, and investment options for individuals and small to medium businesses. Corporate Banking focuses on current accounts, loans, and credit facilities. The Treasury and Investments segment handles money market activities and manages investment portfolios. Investment Banking and Brokerage offers asset management and securities services. Additionally, the bank provides credit cards, trade finance, payroll solutions, and various loan products, including personal and mortgage loans. It also engages in real estate transactions and insurance agency services, along with financial technology solutions. Riyad Bank has branches in Saudi Arabia, the UK, and the US, with a representative office in Singapore and ATMs. Established in 1957, its headquarters is in Riyadh, Saudi Arabia.
RIBL — TASI —
Current RSI of this stock is 70.37, 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.
MACD line has just crossed the signal line from the below, generates bullish signal.
Based on our short term swing trading signals for Saudi Arabia, Riyad Bank stock price target will be SAR 30.5 - SAR 30.75 in the next 14-15 trading sessions.
