- Naranj Research Desk
The Ayaan Investment Company’s objective is to invest in various development initiatives, encompassing both industrial and service sectors. These projects can be undertaken independently or in collaboration with local or international entities. The primary aims are as follows:
Actively contribute to the advancement of industrial development.
Promote import substitution and expand global market reach for products.
Establish new industries incorporating cutting-edge technology, either through sole ownership or partnership with international companies.
Develop projects that enhance the company’s assets and yield profitable returns on investment.
Foster the growth of skilled national professionals capable of assuming leadership roles.
Provide comprehensive support and advisory services to the factories and companies established by the company.

AYYAN — TASI —


MACD line has just crossed the signal line from the below, generates bullish signal.

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.

From Nov’23, price is continuously hugging the upper band and sometimes exceeded the upper band, which indicates the momentum is with the buyers.
Based on our Saudi tadawul stocks advice, AYYAN Investment stock price target will be SAR 30.5 - SAR 31.5 in the next 08-10 trading sessions.