Tadawul trade advice (C): Saudi insurance stock | 5-6% gain | KSA stock trading picks on 6 May 2024

Stock Market

Tadawul, Saudi Arabia

Stoploss reached. Trade closed.

BUPA ARABIA 8210

6 days
23 May 2024
6 May 2024
Loss per
100,000 SAR
6 days
-2,917
Stop-loss
23 May 2024
233
Buy Advice
6 May 2024
240 – 245
Target 1
258
Target 2
260
Profit per
100,000 SAR
-2,917
233
240 – 245
258
260
6 days
23 May 2024
6 May 2024
Loss per
100,000 SAR
6 days
-2,917
Stop-loss
23 May 2024
233
Buy Advice
6 May 2024
240 – 245
Target 1
258
Target 2
260
Profit per
100,000 SAR
-2,917
233
240 – 245
258
260
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Bupa Arabia for Cooperative Insurance
  • 240 – 245
  • 258 – 260
  • Below 233
  • 5% - 6%
  • 14 - 16 Days
  • Buy Bupa Arabia for Cooperative Insurance
  • Buy
    Range
    240 – 245
  • Target 258 – 260
  • Stoploss Below 233
  • Upside
    Potential
    5% - 6%
  • Trade
    Duration
    14 - 16 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Tadawul 8210 : Bupa Arabia for Cooperative Insurance - Stock Overview

  • Tadawul code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • 8210
  • Bupa Arabia
  • Insurance
  • 269
  • 167
  • Tadawul code 8210
  • Stock Name Bupa Arabia
  • Sector Insurance
  • 52 Weeks High 269
  • 52 Weeks Low 167
  • Company profile

    Bupa Arabia for Cooperative Insurance Company engages in insurance business in the Kingdom of Saudi Arabia. The company offers medical insurance products for families, household helpers, parents, and businesses. It also issues short-term insurance contracts for providing health care services. In addition, the company provides healthcare services, such as Tebrom and Rahatkom program services. The company was founded in 1997 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.

  • Tadawul 8210 : Bupa Arabia for Cooperative Insurance vs TASI - Relative Strength Comparison

    The image highlights Bupa Arabia's performance over the last year versus TASI.
    Relative Performance - Last 1 Year
    BUPA ARABIA —   TASI —

  • Tadawul 8210 : Bupa Arabia for Cooperative Insurance - Technical Analysis (Daily)

    Bupa Arabia - Technical Analysis chart on Daily Price and Volume
    Bupa Arabia - Technical Analysis chart on Daily Price and Volume

    • Overall the price is in an uptrend.
    • After reaching at All Time High at 269 level, price made a correction.
    • With a support, price again started moving upside.
    • Recently with a breakout, price is going upside further and it is expected that the price will continue its trend.
  • Tadawul 8210 : Bupa Arabia for Cooperative Insurance - MACD Indicator

    Bupa Arabia stock analysis based on MACD indicator
    Bupa Arabia - MACD indicator

    • MACD line has just crossed the signal line from the below and a positive histogram chart is forming. This can be considered as a bullish signal.

  • Tadawul 8210 : Bupa Arabia for Cooperative Insurance - EMA Crossover

    Bupa Arabia stock analysis based on EMA Crossover
    Bupa Arabia - EMA Crossover

    • The short length exponential moving average (10 EMA) has 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.

  • Conclusion - Tadawul 8210 : Bupa Arabia for Cooperative Insurance Stock Price Forcast

    Based on our Trading Advice for Saudi Arabia Stock Market Tadawul, Bupa Arabia for Cooperative Insurance stock price target will be SAR 258 - SAR 260 in the next 14-16 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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