Tadawul trade advice (B): Saudi consumer durables & apparel stock | 8-11% gain | KSA stock trading idea on 13 Jan 2025

Stock Market

Tadawul, Saudi Arabia

Target hit. Trade closed.

FITAIHI GROUP 4180

13 Jan 2025
23 Jan 2025
23 Jan 2025
3 days
Loss per
100,000 SAR
Stop-loss
4.3
Buy Advice
13 Jan 2025
4.45 – 4.6
Target 1
23 Jan 2025
4.9
Target 2
23 Jan 2025
5.1
Profit per
100,000 SAR
3 days
8,222
4.3
4.45 – 4.6
4.9
5.1
8,222
13 Jan 2025
23 Jan 2025
23 Jan 2025
3 days
Loss per
100,000 SAR
Stop-loss
4.3
Buy Advice
13 Jan 2025
4.45 – 4.6
Target 1
23 Jan 2025
4.9
Target 2
23 Jan 2025
5.1
Profit per
100,000 SAR
3 days
8,222
4.3
4.45 – 4.6
4.9
5.1
8,222
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Fitaihi Holding Group
  • 4.45 – 4.6
  • 4.9 – 5.1
  • Below 4.3
  • 8% – 11%
  • 14 - 15 Days
  • Buy Fitaihi Holding Group
  • Buy
    Range
    4.45 – 4.6
  • Target 4.9 – 5.1
  • Stoploss Below 4.3
  • Upside
    Potential
    8% – 11%
  • Trade
    Duration
    14 - 15 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Tadawul 4180 : Fitaihi Holding Group - Stock Overview

  • Tadawul code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • 4180
  • Fitaihi Group
  • Consumer Durables & Apparel
  • 4.69
  • 2.99
  • Tadawul code 4180
  • Stock Name Fitaihi Group
  • Sector Consumer Durables & Apparel
  • 52 Weeks High 4.69
  • 52 Weeks Low 2.99
  • Company profile

    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.

  • Tadawul 4180 : Fitaihi Holding Group vs TASI - Relative Strength Comparison

    The image highlights Fitaihi Group's performance over the last year versus TASI.
    Relative Performance - Last 1 Year
    FITAIHI GROUP —   TASI —

  • Tadawul 4180 : Fitaihi Holding Group - Technical Analysis (Daily)

    Fitaihi Holding Group - Technical Analysis chart on Daily Price and Volume
    Fitaihi Holding Group - Technical Analysis chart on Daily Price and Volume

    • After a significant consolidation period, the stock price has formed an Ascending Triangle pattern.
    • A recent breakout, supported by strong trading volume, indicates that the stock is poised for a significant upward movement.
  • Tadawul 4180 : Fitaihi Holding Group - RSI Indicator

    Fitaihi Holding Group stock analysis based on RSI indicator
    Fitaihi Holding Group - RSI Indicator

    • Current RSI of this stock is 74.53, which indicates the strength of buyers.

  • Tadawul 4180 : Fitaihi Holding Group - ADX & DI Indicator

    Fitaihi Holding Group stock analysis based on ADX & DI indicator
    Fitaihi Holding Group - ADX & DI Indicator

    • 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 4180 : Fitaihi Holding Group - MACD Indicator

    Fitaihi Holding Group stock analysis based on MACD indicator
    Fitaihi Holding Group - MACD Indicator

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

  • Conclusion - Tadawul 4180 : Fitaihi Holding Group Stock Price Forcast

    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.

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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.

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