National Education & Alarabia — Quietly Building Bullish Momentum

National Education (Tadawul: 4291)

• After reaching an all-time high near SAR 242, the stock witnessed a sharp correction, dropping to around SAR 140.
• Since then, the price has been consolidating within a broad range, forming a double bottom pattern — a classic sign of potential trend reversal.
• Recently, the stock broke above the neckline, signalling renewed bullish momentum and opening the possibility of a sustained upside rally ahead.

Alarabia (Tadawul: 4071)

• After peaking near SAR 171, the stock saw a steep decline, falling to around SAR 80.
• The price later found stability and began a gradual recovery, recently breaking above the upper boundary of a parallel channel.
• On the daily chart, an inverted head and shoulders pattern has formed, and the recent breakout above the neckline further supports the case for a trend reversal and continued upside. This setup could make it a noteworthy addition to your stock selection for KSA Tadawul.

Important Note:

While the overall Saudi market is currently showing signs of weakness, as highlighted in our recent analysis, these two stocks are displaying relative strength and technical signs of potential reversal. However, it’s important to stay cautious and avoid rushing into new positions. Monitor price action closely for confirmation and wait for strong follow-through signals before making any buying decisions.