Tadawul trade advice (C): Saudi consumer services stock | 9-10% gain | KSA stock trading signal on 12 Feb 2024

Stock Market

Tadawul, Saudi Arabia

Target hit. Trade closed.

ALKHALEEJ TRNG 4290

12 Feb 2024
15 Feb 2024
18 Feb 2024
5 days
Loss per
100,000 SAR
Stop-loss
27.5
Buy Advice
12 Feb 2024
29 – 29.75
Target 1
15 Feb 2024
31.5
Target 2
18 Feb 2024
32
Profit per
100,000 SAR
5 days
9,777
27.5
29 – 29.75
31.5
32
9,777
12 Feb 2024
15 Feb 2024
18 Feb 2024
5 days
Loss per
100,000 SAR
Stop-loss
27.5
Buy Advice
12 Feb 2024
29 – 29.75
Target 1
15 Feb 2024
31.5
Target 2
18 Feb 2024
32
Profit per
100,000 SAR
5 days
9,777
27.5
29 – 29.75
31.5
32
9,777
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Alkhaleej Training & Education
  • 29 – 29.75
  • 31.5 – 32
  • Below 27.5
  • 9% - 10%
  • 14 - 15 Days
  • Buy Alkhaleej Training & Education
  • Buy
    Range
    29 – 29.75
  • Target 31.5 – 32
  • Stoploss Below 27.5
  • Upside
    Potential
    9% - 10%
  • 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 4290 : Alkhaleej Training & Education - Stock Overview

  • Tadawul code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • 4290
  • Alkhaleej Trng
  • Consumer Services
  • 30.3
  • 15.34
  • Tadawul code 4290
  • Stock Name Alkhaleej Trng
  • Sector Consumer Services
  • 52 Weeks High 30.3
  • 52 Weeks Low 15.34
  • Company profile

    Founded in 1992, Al Khaleej Training & Education Co. engages in the provision of training and education services for information technology, the English language, and management. It invests in the educational field, through establishing international and private schools, managing the university preparatory year and providing professional call center services to major companies.

  • Tadawul 4290 : Alkhaleej Training & Education vs TASI - Relative Strength Comparison

    The image compares Alkhaleej Training & Education's 1-year performance to TASI.
    Relative Performance - Last 1 Year
    ALKHALEEJ TRNG —   TASI —

  • Tadawul 4290 : Alkhaleej Training & Education - Technical Analysis (Daily)

    Alkhaleej Training & Education - Technical Analysis chart on Daily Price and Volume
    Alkhaleej Training & Education - Technical Analysis chart on Daily Price and Volume

    • After the breakout of Rounding Bottom Pattern, a sharp rally can be seen at the chart which led the price to 24.5 level.
    • With a short consolidation, price has broken out the level further and reached at 28.5 level.
    • Two consecutive pole and flag pattern’s breakout showed how much bulls are strong at the moment.
  • Tadawul 4290 : Alkhaleej Training & Education - Stochastic Indicator

    Alkhaleej Training & Education stock analysis based on RSI indicator
    Alkhaleej Training & Education - RSI indicator

    • Current RSI of the stock is 66.99, which shows the strength of the trend.
    • RSI line is also in a uptrend, indicating price has no intention to come down at the moment.
  • Tadawul 4290 : Alkhaleej Training & Education - ADX & DI Indicator

    Alkhaleej Training & Education stock analysis based on ADX & DI indicator
    Alkhaleej Training & Education - 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 4290 : Alkhaleej Training & Education - MA Crossover

    Alkhaleej Training & Education stock analysis based on MA Crossover
    Alkhaleej Training & Education - MA Crossover

    • Current price is trading above 10, 20 SMA, generates bullish signal that can attract buyers at the moment.

  • Conclusion - Tadawul 4290 : Alkhaleej Training & Education Stock Price Forcast

    Based on our saudi stocks trading signals, Alkhaleej Training & Education stock price target will be SAR 30.3 - SAR 15.34 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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