Tadawul trade advice (B): Saudi software stock | 5-6% gain | KSA stock trading picks on 11 Nov 2024

Stock Market

Tadawul, Saudi Arabia

Stoploss reached. Trade closed.

11 days
25 Nov 2024
11 Nov 2024
Loss per
100,000 SAR
11 days
2660
Stop-loss
25 Nov 2024
183
Buy Advice
11 Nov 2024
188 - 192
Target 1
201
Target 2
204
Profit per
100,000 SAR
2660
183
188 - 192
201
204
11 days
25 Nov 2024
11 Nov 2024
Loss per
100,000 SAR
11 days
2660
Stop-loss
25 Nov 2024
183
Buy Advice
11 Nov 2024
188 - 192
Target 1
201
Target 2
204
Profit per
100,000 SAR
2660
183
188 - 192
201
204
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Al Moammar Information
  • 188 - 192
  • 201 - 204
  • Below 183
  • 5% - 6%
  • 12 - 14 Days
  • Buy Al Moammar Information
  • Buy
    Range
    188 - 192
  • Target 201 - 204
  • Stoploss Below 183
  • Upside
    Potential
    5% - 6%
  • 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 7200 : Al Moammar Information - Stock Overview

  • Tadawul code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • 7200
  • MIS
  • Software
  • 207
  • 120.2
  • Tadawul code 7200
  • Stock Name MIS
  • Sector Software
  • 52 Weeks High 207
  • 52 Weeks Low 120.2
  • Company profile

    Al Moammar Information Systems Company provides information technology solutions and services in the Kingdom of Saudi Arabia. The company operates through six segments: Business Service Management Unit, Solutions Unit, Systems Unit, Information Technology Security Unit, Networking Unit, Operation and Maintenance Unit, and Data Center Unit. It offers managed people and medical, SLA support, MDR, SOC, Managed IT, consulting, professional, and project management services. The company was incorporated in 1979 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

  • Tadawul 7200 : Al Moammar Information vs TASI - Relative Strength Comparison

    The image highlights Al Moammar Information's performance over the last year versus TASI.
    Relative Performance - Last 1 Year
    MIS —   TASI —

  • Tadawul 7200 : Al Moammar Information - Technical Analysis (Daily)

    Al Moammar Information - Technical Analysis chart on Daily Price and Volume
    Al Moammar Information - Technical Analysis chart on Daily Price and Volume

    • The price is currently on a strong upward trajectory, consistently achieving higher highs and higher lows.
    • After reaching a peak at the 207 level, it pulled back and found support along the trendline.
    • Now, after a short consolidation phase, the price is making its way back up.
  • Tadawul 7200 : Al Moammar Information - EMA Crossover

    Al Moammar Information stock analysis based on EMA Crossover
    Al Moammar Information - EMA Crossover

    • 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.

  • Tadawul 7200 : Al Moammar Information - ADX & DI Indicator

    Al Moammar Information stock analysis based on ADX & DI indicator
    Al Moammar Information - ADX & DI

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • Tadawul 8313 : Rasan Information Technology - MACD Indicator

    Al Moammar Information stocks analysis based on MACD indicator
    Al Moammar Information - MACD Indicator

    • MACD line has just crossed the signal line from the below, generates bullish signal.

  • Conclusion - Tadawul 7200 : Al Moammar Information Stock Price Forcast

    Our analysis suggests Al Moammar Information reach SAR 201 to SAR 204 within the next 12 to 14 trading sessions, providing a chance to profit by trading KSA stocks.

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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