Tadawul trade advice (C): Saudi insurance stock | 9-11% gain | KSA stock trading picks on 27 May 2024

Stock Market

Tadawul, Saudi Arabia

Target hit. Trade closed.

BUPA ARABIA 8210

27 May 2024
25 Jun 2024
30 Jun 2024
18 days
Loss per
100,000 SAR
Stop-loss
217
Buy Advice
27 May 2024
225 – 235
Target 1
25 Jun 2024
255
Target 2
30 Jun 2024
260
Profit per
100,000 SAR
18 days
15,556
217
225 – 235
255
260
15,556
27 May 2024
25 Jun 2024
30 Jun 2024
18 days
Loss per
100,000 SAR
Stop-loss
217
Buy Advice
27 May 2024
225 – 235
Target 1
25 Jun 2024
255
Target 2
30 Jun 2024
260
Profit per
100,000 SAR
18 days
15,556
217
225 – 235
255
260
15,556
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Bupa Arabia for Cooperative Insurance
  • 225 – 235
  • 255 – 260
  • Below 217
  • 9% – 11%
  • 14 - 15 Days
  • Buy Bupa Arabia for Cooperative Insurance
  • Buy
    Range
    225 – 235
  • Target 255 – 260
  • Stoploss Below 217
  • Upside
    Potential
    9% – 11%
  • 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 8210 : Bupa Arabia for Cooperative Insurance - Stock Overview

  • Tadawul code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • 8210
  • Bupa Arabia
  • Insurance
  • 284.6
  • 167
  • Tadawul code 8210
  • Stock Name Bupa Arabia
  • Sector Insurance
  • 52 Weeks High 284.6
  • 52 Weeks Low 167
  • Company profile

    Bupa Arabia for Cooperative Insurance Company engages in insurance business in the Kingdom of Saudi Arabia. The company offers medical insurance products for families, household helpers, parents, and businesses. It also issues short-term insurance contracts for providing health care services. In addition, the company provides healthcare services, such as Tebrom and Rahatkom program services. The company was founded in 1997 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.

  • Tadawul 8210 : Bupa Arabia for Cooperative Insurance vs TASI - Relative Strength Comparison

    The image showcases Bupa Arabia's 1-year performance relative to TASI.
    Relative Performance - Last 1 Year
    BUPA ARABIA —   TASI —

  • Tadawul 8210 : Bupa Arabia for Cooperative Insurance - Technical Analysis (Daily)

    Bupa Arabia - Technical Analysis chart on Daily Price and Volume
    Bupa Arabia - Technical Analysis chart on Daily Price and Volume

    • Overall the price is in an uptrend and consistently forming higher highs and lows.
    • Currently the price is trading near its trendline support level.
    • It is expected that the price may move upside from this level.
  • Tadawul 8210 : Bupa Arabia for Cooperative Insurance - Stochastic Indicator

    Bupa Arabia stock analysis based on Stochastic indicator
    Bupa Arabia - Stochastic indicator

    • The K (Blue) line is crossing the D (Orange) line from the below, generates bullish signal.

  • Tadawul 8210 : Bupa Arabia for Cooperative Insurance - RSI Indicator

    Bupa Arabia stock analysis based on RSI indicator
    Bupa Arabia - RSI indicator

    • The RSI line is crossing the oversold line from the below, generates bullish signal. The current RSI of the stock is 45.82.

  • Tadawul 8210 : Bupa Arabia for Cooperative Insurance - Candlestick Patterns Analysis

    Bupa Arabia stock analysis based on Candlestick Pattern analysis
    Bupa Arabia - Candlestick Pattern Analysis

    • Different types of bullish candlestick pattern ( Bullish engulfing pattern, long wick bullish candle) has been formed at near the support level, which shows the strength of the buyers at the level.

  • Conclusion - Tadawul 8210 : Bupa Arabia for Cooperative Insurance Stock Price Forcast

    Based on our Saudi Stocks Trading Guidance, Bupa Arabia for Cooperative Insurance stock price target will be SAR 255 - SAR 260 in the next 14-15 trading sessions.

  • Share with
    0 0 votes
    Article Rating
    Subscribe
    Notify of
    guest
    0 Comments
    Inline Feedbacks
    View all comments

    Join Our Telegram Channel for Saudi Stock Market Update

    Saudi Stock Analysis

    Thumbnail of Prime Trading Advice - Saudi Arabia
    Thumbnail of Prime Trading Advice - Saudi Arabia
    Thumbnail of Prime Trading Advice - Saudi Arabia
    Thumbnail of Prime Trading Advice - Saudi Arabia
    Thumbnail of Prime Trading Advice - Saudi Arabia
    Thumbnail of Prime Trading Advice - Saudi Arabia
    Thumbnail of Prime Trading Advice - Saudi Arabia
    Thumbnail of Prime Trading Advice - Saudi Arabia

    Join Our Telegram Channel for USA Stock Analysis Update

    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.

    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