Buy Retal Urban Development | Tadawul 4322 | 10-12% gain | KSA stock trading signal on 7 Aug 2024

Stock Market

Tadawul, Saudi Arabia

Target hit. Trade closed.

7 Aug 2024
18 Aug 2024
25 Aug 2024
13 days
Loss per
100,000 SAR
Stop-loss
11.5
Buy Advice
7 Aug 2024
12.2 – 12.5
Target 1
18 Aug 2024
13.2
Target 2
25 Aug 2024
13.5
Profit per
100,000 SAR
13 days
8,000
11.5
12.2 – 12.5
13.2
13.5
8,000
7 Aug 2024
18 Aug 2024
25 Aug 2024
13 days
Loss per
100,000 SAR
Stop-loss
11.5
Buy Advice
7 Aug 2024
12.2 – 12.5
Target 1
18 Aug 2024
13.2
Target 2
25 Aug 2024
13.5
Profit per
100,000 SAR
13 days
8,000
11.5
12.2 – 12.5
13.2
13.5
8,000
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Retal Urban Development
  • 12.2 – 12.5
  • 13.2 – 13.5
  • Below 11.5
  • 7% – 8%
  • 10 - 12 Days
  • Buy Retal Urban Development
  • Buy
    Range
    12.2 – 12.5
  • Target 13.2 – 13.5
  • Stoploss Below 11.5
  • Upside
    Potential
    7% – 8%
  • Trade
    Duration
    10 - 12 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Tadawul 4322 : Retal Urban Development - Stock Overview

  • Tadawul code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • 4322
  • Retal
  • Real Estate
  • 13.28
  • 7.85
  • Tadawul code 4322
  • Stock Name Retal
  • Sector Real Estate
  • 52 Weeks High 13.28
  • 52 Weeks Low 7.85
  • Company profile

    Retal Urban Development Company is a subsidiary of Al Fozan Holding Company, based in Al-Khobar, Saudi Arabia. It specializes in real estate construction, development, sales, rental, brokerage, management, and maintenance in the Kingdom of Saudi Arabia. The company manages residential and non-residential buildings, provides general contracting services, and manages construction projects. It also manages factories, shopping malls, and infrastructure construction projects. Retal Urban Development Company was incorporated in 2012 and is involved in various activities such as land purchase, sale, and general cleaning.

  • Tadawul 4322 : Retal Urban Development vs TASI - Relative Strength Comparison

    The image highlights Retal Urban Development's performance over the last year versus TASI.
    Relative Performance - Last 1 Year
    RETAL —   TASI —

  • Tadawul 4322 : Retal Urban Development - Technical Analysis (Daily)

    Retal Urban Development - Technical Analysis chart on Daily Price and Volume
    Retal Urban Development - Technical Analysis chart on Daily Price and Volume

    • The stock has undergone a prolonged consolidation phase in the daily chart.
    • Following a short-term downtrend, the price has established a Double bottom pattern and experienced an upward surge.
    • Throughout this process, a Rounding Bottom pattern has developed, suggesting a potential continuation of the trend.
    • There has been a notable breakout recently, signalling strong momentum in the price.
    • Following the breakout, the stock price experienced an initial surge, but soon saw a brief pullback. This dip allowed the price to re-test the breakout zone, and it is now trending upward once again
  • Tadawul 4322 : Retal Urban Development - RSI Indicator

    Retal Urban Development stock analysis based on RSI indicator
    Retal Urban Development - RSI indicator

    • Current RSI of this stock is 65.66, which indicates the strength of buyers.

  • Tadawul 4322 : Retal Urban Development - ADX & DI Indicator

    Retal Urban Development stock analysis based on ADX & DI indicator
    Retal Urban Development - ADX & DI indicator

    • 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.

  • Tadawul 4322 : Retal Urban Development - EMA Crossover

    Retal Urban Development stock analysis based on EMA Crossover
    Retal Urban Development - EMA Crossover

    • The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Conclusion - Tadawul 4322 : Retal Urban Development Stock Price Forcast

    Based on our Saudi stocks advisory, Retal Urban Development stock price target will be SAR 13.2 - SAR 13.5 in the next 10-12 trading sessions.

  • Share with
    0 0 votes
    Article Rating
    Subscribe
    Notify of
    guest
    0 Comments
    Inline Feedbacks
    View all comments

    Join Our Telegram Channel for Saudi Stock Market Update

    Saudi Stock Analysis

    Thumbnail of Prime Trading Advice - Saudi Arabia
    Thumbnail of Prime Trading Advice - Saudi Arabia
    Thumbnail of Prime Trading Advice - Saudi Arabia
    Thumbnail of Prime Trading Advice - Saudi Arabia
    Thumbnail of Prime Trading Advice - Saudi Arabia
    Thumbnail of Prime Trading Advice - Saudi Arabia
    Thumbnail of Prime Trading Advice - Saudi Arabia

    Join Our Telegram Channel for USA Stock Analysis Update

    Details of Arijit Banerjee

    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.

    Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.

    Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.

    If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website