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- 🇸🇦 Saudi Stock Market
- 🇺🇸 USA Stock Market
Riyadh Cement Company specializes in manufacturing and selling various types of cement. Their product lineup features ordinary portland cement, sulfate-resistant cement, finishing cement, and white cement. Established in 1997, the company is based in Riyadh, Saudi Arabia.
RIYADH CEMENT —  TASI —
Current RSI of this stock is 55.74, and just about to cross the 60 level from below which indicates the strength of buyers.
MACD line has just crossed the signal line from the below, generates bullish signal.
The short length exponential moving average (10 EMA) is about 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 KSA trading and investment advice, Riyadh Cement stock price target will be SAR 26.9 - SAR 27.1 in the next 12-14 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.
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