Tadawul 8210 : Bupa Arabia for Cooperative Insurance vs TASI - Relative Strength Comparison

Tadawul 8210 : Bupa Arabia for Cooperative Insurance - Technical Analysis (Daily)

• Overall the price is in an uptrend and consistently forming higher highs and lows.
• Currently the price is trading near its trendline support level.
• It is expected that the price may move upside from this level.

Tadawul 8210 : Bupa Arabia for Cooperative Insurance - Stochastic Indicator

• The K (Blue) line is crossing the D (Orange) line from the below, generates bullish signal.

Tadawul 8210 : Bupa Arabia for Cooperative Insurance - RSI Indicator

• The RSI line is crossing the oversold line from the below, generates bullish signal. The current RSI of the stock is 45.82.

Tadawul 8210 : Bupa Arabia for Cooperative Insurance - Candlestick Patterns Analysis

• Different types of bullish candlestick pattern ( Bullish engulfing pattern, long wick bullish candle) has been formed at near the support level, which shows the strength of the buyers at the level.

Conclusion - Tadawul 8210 : Bupa Arabia for Cooperative Insurance Stock Price Forcast

Based on our Saudi stocks trading guidance, Bupa Arabia for Cooperative Insurance stock price target will be SAR 255 - SAR 260 in the next 14-15 trading sessions.