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Gulf Union Alahlia Cooperative Insurance Company operates in the Kingdom of Saudi Arabia, providing a wide range of insurance products and services. The company is divided into segments, including Medical, Motor, Property and Casualty, and Protections and Savings. Its offerings include insurance for motor vehicles, outpatient clinic treatments, property, marine cargo, engineering, burglary, liability (general, employers’, public, and products), workmen’s compensation, fidelity guarantee, money, group life and accident, as well as reinsurance products. Founded in 1983, the company’s headquarters are located in Dammam, Kingdom of Saudi Arabia.
GULF UNION ALAHLIA —  TASI —
Current RSI of this stock is 69.55, 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 crossed the signal line from the below, generates bullish signal.
Based on our trading tips for Saudi Tadawul stocks, Gulf Union Alahlia Cooperative Insurance stock price target will be SAR 92.5 - SAR 94 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.
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