- Naranj Research Desk
Saudi Telecom Company (STC), founded in 1998 and headquartered in Riyadh, Saudi Arabia, provides a wide range of telecommunications, IT, media, and digital payment services both locally and internationally. Its offerings include fixed and mobile networks, IT and cloud solutions, managed services, IoT, cybersecurity, digital banking, consultancy, and real estate services, making it a comprehensive provider of telecom and technology solutions.
STC — TASI —
A bullish signal is generated as the K line (blue) crosses over the D line (orange) from below, indicating a reversal from oversold conditions.
MACD line has just crossed the signal line from the below, generates bullish signal.
Based on our short term trading advice for Saudi Tadawul, Saudi Telecom Company stock price target will be SAR 43.75 - SAR 44 in the next 10-12 trading sessions.