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- 🇸🇦 Saudi Stock Market
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The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company offers insurance and reinsurance products in Saudi Arabia. They have various insurance products like motor, medical, travel, aviation, property, accidents, liability, engineering, group life, group credit life, and marine insurance. Established in 2006, the company is based in Riyadh, Saudi Arabia.
MEDGULF —  TASI —
Current RSI of this stock is 64.47, which indicates the strength of buyers.
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.
Based on our trading signals of Saudi stock market, The Mediterranean and Gulf Insurance and Reinsurance stock price target will be SAR 34 - SAR 35 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
