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- 🇸🇦 Saudi Stock Market
- 🇺🇸 USA Stock Market
Saudi Automotive Services Company, established in 1982, operates a network of vehicle service stations across Saudi Arabia. It provides car maintenance, repair services, manages an automobile club for international driving licenses, and offers fuel and water transportation. The company also deals in land and real estate, issues custom traffic documents, and operates rest houses, motels, and restaurants. It also imports and sells food, drinks, raw materials, and beverages. It manages motorsports, organizes races, and sets up workshops for repairs. The company also manages hotels, offers property management services, and takes on contracts for building, managing, leasing, and operating residential and commercial properties.
SASCO — TASI —
RSI
A distinct RSI divergence is evident, signaling a bullish sentiment in the market. Additionally, with the RSI positioned above 60, it underscores the robust strength of the buyers.
MACD
The MACD line's recent crossover with the Signal line from below, coupled with its rise above the zero level, signals a bullish trend ahead.
Based on our Saudi trading advice, Saudi Automobile Services stock price target will be SAR 66 - SAR 67 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.
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
