- Naranj Research Desk
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Alandalus Property Company is a prominent player in the real estate sector, focusing on the investment, development, and management of commercial properties throughout the Kingdom of Saudi Arabia. The firm specializes in the construction, ownership, and administration of various centers, as well as commercial and residential complexes. Additionally, it offers general contracting services for a wide range of projects, including residential and commercial buildings, educational and recreational facilities, healthcare institutions, infrastructure like roads and dams, and water and sewage systems. The company also excels in electrical and mechanical works, along with providing maintenance and operational services for real estate assets and commercial establishments. Established in 2006, Alandalus Property Company is based in Riyadh, Saudi Arabia.
ALANDALUS — TASI —
Current RSI of this stock is 78.89, 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 Saudi stocks trading calls, Alandalus Property stock price target will be SAR 27.5 - SAR 27.5 in the next 10-12 trading sessions.
