- NaranJ2024
Yamama Cement Company is involved in the manufacturing, production, and trading of cement and its associated accessories, derivatives, and components within Saudi Arabia. The company provides a variety of cement types, including ordinary Portland, sulfate-resistant Portland, white and colored cement, oil-well cement, fast-setting Bozolani cement, and bacteriostatic cement, in addition to clinker. Established in 1956, the company is based in Riyadh, Saudi Arabia.
YC —  TASI —
Current RSI of this stock is 64.31, 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, generates bullish signal.
Based on our short term trading tips for Saudi Tadawul, Yamama Cement stock price target will be SAR 36.75 - SAR 37.5 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