- Naranj Research Desk
- 🇸🇦 Saudi Stock Market
- 🇺🇸 USA Stock Market
6% - 8%
14 - 15 Days
6% - 8%
14 - 15 Days
Arabian Pipes Company is a Saudi-based company that manufactures longitudinally welded steel pipes used in pipelines, construction, and commercial applications.
Founded in 1991 and headquartered in Riyadh, the company also provides pipe-related services like bending, shaping, and threading, along with trading and pipeline extension work. It produces steel, plastic pipes, and accessories, and exports its products across the Middle East, Gulf, and North Africa regions.
APC — TASI —
| Indicator | Value | Zone |
|---|---|---|
| RSI-14 | 70.68 | Overbought |
| CCI-14 | 220.09 | Overbought |
| Stochastic RSI | 100.00 | Overbought |
| ROC | 27.35 | Positive |
| William %R | -4.05 | Overbought |
| EMA | Value | Stock Position |
|---|---|---|
| 5 EMA | 5.33 | Above |
| 10 EMA | 5.12 | Above |
| 20 EMA | 5.03 | Above |
| 50 EMA | 5.00 | Above |
| 100 EMA | 5.12 | Above |
| 200 EMA | 5.71 | Below |
Based on our trading tips for Saudi Tadawul stocks, Arabian Pipes Company stock price target will be SAR 6 - SAR 6.1 in the next 14-15 trading sessions.
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.
Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.
Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.
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