- NaranJ2024
Al-Jouf Agricultural Development Co. is involved in the cultivation, distribution, and promotion of various types of animal and agricultural products within the Kingdom of Saudi Arabia. The product portfolio includes sweet potatoes, dates, olive oil, and honey. Furthermore, the company actively partakes in both palm and olive farming, alongside dedicated beekeeping endeavors. The headquarters of Al-Jouf Agricultural Development Co. are situated in Sakakah, Kingdom of Saudi Arabia.
ALJOUF — TASI —
Current RSI of this stock is 65.98, 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 signals, Al-Jouf Agricultural Development stock price target will be SAR 74 - SAR 75 in the next 12-14 trading sessions.
Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.
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