- Arijit Banerjee
- 🇸🇦 Saudi Stock Market
- 🇺🇸 USA Stock Market
SAL is the leading national company in providing ground handling services for air cargo to various airlines at the Kingdoms airports, in addition to providing integrated logistics solutions. The company was established at the end of the year 2019, after the carve out from Saudia Cargo Company. Aside from operating 18 airports throughout the Kingdom, including the four main airports (Riyadh, Jeddah, Dammam, and Medina), the company also offers integrated logistical solutions within and outside the Kingdom through its global business partners. In addition, it provides services that link different modes of transportation (by sea, air, and land), increasing the efficiency of logistics services. Consequently, the company aims to contribute in making Saudi Arabia as a global logistics platform and an international shipping hub that enables the aspiring Kingdoms Vision 2030.
SAL —  TASI —
The current RSI of the stock is 61.14, shows strength of buyers. RSI line is also in a uptrend, which is very positive signal.
MACD line has crossed the signal line from the below, generates bullish signal.
The short length exponential moving average (10 EMA) has just 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.
Based on our trading tips for Saudi Tadawul stocks, SAL Saudi Logistics Services stock price target will be SAR 292 - SAR 295 in the next 14-15 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
