- NaranJ2024
- 🇸🇦 Saudi Stock Market
- 🇺🇸 USA Stock Market
Naqi Water Company specializes in the production and bottling of pristine filtered water within the Kingdom of Saudi Arabia. The company also engages in the wholesale distribution of bottled water, soft drinks, and juices, along with retailing beverages in specialized outlets. Furthermore, it handles land transportation of goods and is involved in the breeding and production of broiler breeder hens, managing hatcheries, and egg production. Established in 2014, Naqi Water Company is based in Unaizah, Saudi Arabia.
Naqi Water —  TASI —
Current RSI of this stock is 74.64, 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 and a positive histogram chart is forming. This can be considered as a bullish signal.
Based on our short term trading advice for Saudi Tadawul, Naqi Water stock price target will be SAR 68 - SAR 68.5 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
