- NaranJ2024
- 🇸🇦 Saudi Stock Market
- 🇺🇸 USA Stock Market
United Electronics Company is a company that specializes in the wholesale and retail trading of electric appliances, electronic gadgets, computers, spare parts, accessories, furniture, office equipment, tools, maintenance and repair services, third-party marketing, and consumer financing services. It operates in three main segments: Sales and Services, Consumer Finance, and Others. The Sales and Services segment encompasses various activities such as retail and wholesale trading, E-commerce, installation and repair services for electronic products, computers, smartphones, and accessories. Additionally, it offers extended warranties, gift cards, and installment sales. The Consumer Finance segment engages in consumer financing activities through different arrangements, including Murabaha, Tawarruq, and Islamic credit card financing. United Electronics Company is headquartered in Khobar, Saudi Arabia.
EXTRA —  TASI —
Current RSI of this stock is 61.37, which indicates the strength of buyers.
MACD line has just 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 moving average (10 SMA) has crossed the long length moving average (20 SMA) from the below, generates bullish signal.
Based on our Trading Advice for Saudi Arabia Stock Market Tadawul, United Electronics stock price target will be SAR 102.5 - SAR 103 in the next 10-12 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
