- Arijit Banerjee
Retal Urban Development Company is a subsidiary of Al Fozan Holding Company, based in Al-Khobar, Saudi Arabia. It specializes in real estate construction, development, sales, rental, brokerage, management, and maintenance in the Kingdom of Saudi Arabia. The company manages residential and non-residential buildings, provides general contracting services, and manages construction projects. It also manages factories, shopping malls, and infrastructure construction projects. Retal Urban Development Company was incorporated in 2012 and is involved in various activities such as land purchase, sale, and general cleaning.
RETAL —  TASI —
Current RSI of this stock is 58.33, 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.
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.
Based on our Trading Advice for Saudi Arabia Stock Market Tadawul, Retal Urban Development stock price target will be SAR 16.5 - SAR 16.8 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