- research@naranjcapital.com
- 🇸🇦 Saudi Stock Market
- 🇺🇸 USA Stock Market
Naseej International Trading company’s primary focus lies in the manufacturing, wholesale, and retail of various goods including carpets, rugs, floors, furniture, antiques, wooden and metal blinds, office furniture, kitchens, blankets, bedspreads, curtain fabrics, accessories, and artificial turf. To streamline its operations, the company is divided into three main activities: Industrial activity, Commercial activity, and Investment activity. The Industrial activity involves the production of various products, while the Commercial activity encompasses the wholesale and retail aspects of the company’s product offerings. Lastly, the Investment activity is responsible for engaging in investment activities. The company effectively distributes and sells its wide range of products both within the local market and beyond.
NASEEJ —  TASI —
Current RSI of this stock is 66.81, which indicates the strength of buyers.
MACD line has crossed the signal line from the below and a positive histogram chart is forming. This can be considered as a 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 swing trade signals for Tadawul, Naseej International Trading stock price target will be SAR 87.5 - SAR 89 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
