Buy Scientific & Medical Equipment House | Tadawul 4014 | 8-9% gain | Saudi stock trading picks on 19 Feb 2024

Stock Market

Tadawul, Saudi Arabia

Target hit. Trade closed.

EQUIPMENT HOUSE 4014

19 Feb 2024
11 Mar 2024
17 Mar 2024
9.5
Loss per
100,000 SAR
Stop-loss
51
Buy Advice
19 Feb 2024
52.5 – 53.5
Target 1
11 Mar 2024
57
Target 2
17 Mar 2024
57.5
Profit per
100,000 SAR
9.5
9,524
51
52.5 – 53.5
57
57.5
9,524
19 Feb 2024
11 Mar 2024
17 Mar 2024
9.5
Loss per
100,000 SAR
Stop-loss
51
Buy Advice
19 Feb 2024
52.5 – 53.5
Target 1
11 Mar 2024
57
Target 2
17 Mar 2024
57.5
Profit per
100,000 SAR
9.5
9,524
51
52.5 – 53.5
57
57.5
9,524
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Scientific & Medical Equipment House
  • 52.5 – 53.5
  • 57 – 57.5
  • Below 51
  • 8% - 9%
  • 14 - 15 Days
  • Buy Scientific & Medical Equipment House
  • Buy
    Range
    52.5 – 53.5
  • Target 57 – 57.5
  • Stoploss Below 51
  • Upside
    Potential
    8% - 9%
  • Trade
    Duration
    14 - 15 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Tadawul 4014 : Scientific & Medical Equipment House - Stock Overview

  • Tadawul code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • 4014
  • Equipment House
  • Health Care Equipment & Service
  • 59.69
  • 38.95
  • Tadawul code 4014
  • Stock Name Equipment House
  • Sector Health Care Equipment & Service
  • 52 Weeks High 59.69
  • 52 Weeks Low 38.95
  • Company profile

    Scientific and Medical Equipment House in Saudi Arabia is a renowned establishment that specializes in providing scientific and medical equipment. It caters to a wide range of customers, providing maintenance and repair for medical devices, equipment and supplies including manpower, subcontractors for maintenance of specialized systems, spare parts and consumables. With a reputation for quality products and reliable services, Scientific and Medical Equipment House plays a crucial role in supporting scientific and medical advancements in Saudi Arabia.

  • Tadawul 4014 : Scientific & Medical Equipment House vs TASI - Relative Strength Comparison

    The image highlights Equipment House's performance over the last year versus TASI.
    Relative Performance - Last 1 Year
    EQUIPMENT HOUSE —   TASI —

  • Tadawul 4014 : Scientific & Medical Equipment House - Technical Analysis (Daily)

    Equipment House - Technical Analysis chart on Daily Price and Volume
    Equipment House - Technical Analysis chart on Daily Price and Volume

    • After a huge downfall from 60 level, price took support at 39 level and started moving upside slowly.
    • In this consolidation phase, price has formed a Rounding Bottom pattern, which is itself a strong bullish pattern.
    • After the breakout, price came back and took retracement from exactly at the breakout level.
    • Now with a descent volume price is going higher.
  • Tadawul 4014 : Scientific & Medical Equipment House - Bollinger Bands

    Equipment House stock analysis based on Bollinger Bands
    Equipment House - Bollinger Bands

    • From Nov’23, price is continuously hugging the upper band and last day’s candle closed above the band, which indicates the momentum is with the buyers.

  • Tadawul 4014 : Scientific & Medical Equipment House - MACD Indicator

    Equipment House stock analysis based on MACD indicator
    Equipment House - MACD indicator

    • MACD line has just crossed the signal line from the below, generates bullish signal.

  • Conclusion - Tadawul 4014 : Scientific & Medical Equipment House Stock Price Forcast

    Based on our Saudi Tadawul stock trading advice, Scientific & Medical Equipment House stock price target will be SAR 57 - SAR 57.5 in the next 14-15 trading sessions.

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    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.

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