- research@naranjcapital.com
Fitaihi Holding Group, specializes in gold, jewelry, and luxury products, primarily in the country. The company offers gifts, crystal and silverware, antiques, household utensils, textiles, leather goods, watches, chocolates, bed-linen, toilet sets, accessories, men’s, women’s, and children’s wear, handicrafts, bags, blankets, sheets, bedspreads, sweets, carpets, rugs, handicrafts cutting tools, and ceramics. The company also engages in cleaning and maintenance of swimming pools, parks, gardens, welding workshops, and trades in electronic goods. Fitaihi Holding Group also invests in medical, agriculture, and other sectors. The company retails its products and acts as an agent/distributor of various brand names. Fitaihi Holding Group was founded in 1907 and is based in Jeddah, Saudi Arabia.
FITAIHI GROUP —  TASI —
Current RSI of this stock is 74.53, which indicates the strength of buyers.
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.
MACD line has just crossed the signal line from the below, generates bullish signal.
Based on our Saudi stock trading ideas, Fitaihi Holding Group stock price target will be SAR 4.9 - SAR 5.1 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.
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