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Wataniya Insurance Company offers various insurance products and services in Saudi Arabia, including marine, property, motor comprehensive, third party liability, engineering, accident & liability, and term life segments. The company provides coverage for losses and liability related to marine vessels, fire, vehicle damages, third party liability, builder’s risks, construction, and machinery breakdowns. The company was founded in 1975 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.
WATANIYA —  TASI —
The current RSI of the stock is 75.81, shows 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 crossed the signal line from the below, generates bullish signal.
Based on our swing trading advice for Saudi Tadawul, Wataniya Insurance stock price target will be SAR 35.5 - SAR 36 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.
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
