- research@naranjcapital.com
- 🇸🇦 Saudi Stock Market
- 🇺🇸 USA Stock Market
Dar Al Arkan Real Estate Development Company, along with its subsidiaries, is primarily involved in the development, management, leasing, and sale of real estate projects and related activities within the Kingdom of Saudi Arabia. Additionally, the company manages, operates, and maintains both residential and commercial properties, as well as public facilities. Its activities also include land acquisition, general contracting, real estate investments, and property management services. Established in 1994, the company is headquartered in Riyadh, Saudi Arabia.
DAR ALARKAN —  TASI —
Current RSI of this stock is 67.83, which indicates the strength of buyers.
MACD line is about to cross the signal line from the below, generates bullish signal.
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.
Based on our Saudi trading advice, Dar Alarkan Real Estate Development stock price target will be SAR 23.2 - SAR 24 in the next 18-20 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
