Tadawul trade advice (A): Saudi consumer durables & apparel stock | 5-7% gain | KSA stock trading picks on 13 Jan 2025

Stock Market

Tadawul, Saudi Arabia

Target hit. Trade closed.

NASEEJ 1213

13 Jan 2025
22 Jan 2025
22 Jan 2025
3 days
Loss per
100,000 SAR
Stop-loss
94
Buy Advice
13 Jan 2025
98.5 – 101
Target 1
22 Jan 2025
106
Target 2
22 Jan 2025
108
Profit per
100,000 SAR
3 days
9,645
94
98.5 – 101
106
108
9,645
13 Jan 2025
22 Jan 2025
22 Jan 2025
3 days
Loss per
100,000 SAR
Stop-loss
94
Buy Advice
13 Jan 2025
98.5 – 101
Target 1
22 Jan 2025
106
Target 2
22 Jan 2025
108
Profit per
100,000 SAR
3 days
9,645
94
98.5 – 101
106
108
9,645
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Naseej International Trading
  • 98.5 – 101
  • 106 – 108
  • Below 94
  • 5% – 7%
  • 12 - 14 Days
  • Buy Naseej International Trading
  • Buy
    Range
    98.5 – 101
  • Target 106 – 108
  • Stoploss Below 94
  • Upside
    Potential
    5% – 7%
  • Trade
    Duration
    12 - 14 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Tadawul 1213 : Naseej International Trading - Stock Overview

  • Tadawul code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • 1213
  • Naseej
  • Consumer Durables & Apparel
  • 104
  • 59.8
  • Tadawul code 1213
  • Stock Name Naseej
  • Sector Consumer Durables & Apparel
  • 52 Weeks High 104
  • 52 Weeks Low 59.8
  • Company profile

    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.

  • Tadawul 1213 : Naseej International Trading vs TASI - Relative Strength Comparison

    The image compares Naseej International Trading's 1-year performance to TASI.
    Relative Performance - Last 1 Year
    NASEEJ —   TASI —

  • Tadawul 1213 : Naseej International Trading - Technical Analysis (Daily)

    Naseej International Trading - Technical Analysis chart on Daily Price and Volume
    Naseej International Trading - Technical Analysis chart on Daily Price and Volume

    • Following a period of increase, the stock price has transitioned into a consolidation phase.
    • During this interval, it has formed a bullish Pole & Flag pattern, and following a recent breakout, the price has seen a notable rise.
    • It is anticipated that this upward trend will continue, driving the price to higher levels.
  • Tadawul 1213 : Naseej International Trading - RSI Indicator

    Naseej International Trading stock analysis based on RSI indicator
    Naseej International Trading - RSI Indicator

    • Current RSI of this stock is 64.46, which indicates the strength of buyers.

  • Tadawul 1213 : Naseej International Trading - EMA Crossover

    Naseej International Trading stock analysis based on EMA Crossover
    Naseej International Trading - EMA Crossover

    • 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.

  • Tadawul 1213 : Naseej International Trading - OBV Indicator

    Naseej International Trading stock analysis based on OBV indicator
    Naseej International Trading - OBV indicator

    • The OBV line is moving in the same upward direction which means there is a positive sentiment in the market. Also the significant price up move accompanying with increasing OBV volume suggests strong buying pressure.

  • Conclusion - Tadawul 1213 : Naseej International Trading Stock Price Forcast

    Based on our Saudi stocks advisory, Naseej International Trading stock price target will be SAR 106 - SAR 108 in the next 12-14 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.

    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