Tadawul trade advice (D): Saudi software & services stock | 6-8% gain | KSA stock trading signal on 27 May 2024

Stock Market

Tadawul, Saudi Arabia

Target hit. Trade closed.

27 May 2024
13 Jun 2024
13 Jun 2024
13 days
Loss per
100,000 SAR
Stop-loss
137
Buy Advice
27 May 2024
143 – 146
Target 1
13 Jun 2024
155
Target 2
13 Jun 2024
157
Profit per
100,000 SAR
13 days
9,790
137
143 – 146
155
157
9,790
27 May 2024
13 Jun 2024
13 Jun 2024
13 days
Loss per
100,000 SAR
Stop-loss
137
Buy Advice
27 May 2024
143 – 146
Target 1
13 Jun 2024
155
Target 2
13 Jun 2024
157
Profit per
100,000 SAR
13 days
9,790
137
143 – 146
155
157
9,790
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Al Moammar Information Systems
  • 143 – 146
  • 155 – 157
  • Below 137
  • 6% – 8%
  • 10 - 12 Days
  • Buy Al Moammar Information Systems
  • Buy
    Range
    143 – 146
  • Target 155 – 157
  • Stoploss Below 137
  • Upside
    Potential
    6% – 8%
  • Trade
    Duration
    10 - 12 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Tadawul 7200 : Al Moammar Information Systems - Stock Overview

  • Tadawul code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • 7200
  • MIS
  • Software & Services
  • 178
  • 120.2
  • Tadawul code 7200
  • Stock Name MIS
  • Sector Software & Services
  • 52 Weeks High 178
  • 52 Weeks Low 120.2
  • Company profile

    Al Moammar Information Systems Company provides information technology solutions and services in the Kingdom of Saudi Arabia. The company operates through six segments: Business Service Management Unit, Solutions Unit, Systems Unit, Information Technology Security Unit, Networking Unit, Operation and Maintenance Unit, and Data Center Unit. It offers managed people and medical, SLA support, MDR, SOC, Managed IT, consulting, professional, and project management services. The company was incorporated in 1979 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

  • Tadawul 7200 : Al Moammar Information Systems vs TASI - Relative Strength Comparison

    The image highlights Al Moammar Information Systems's performance over the last year versus TASI.
    Relative Performance - Last 1 Year
    MIS —   TASI —

  • Tadawul 7200 : Al Moammar Information Systems - Technical Analysis (Daily)

    Al Moammar Information Systems - Technical Analysis chart on Daily Price and Volume
    Al Moammar Information Systems - Technical Analysis chart on Daily Price and Volume

    • The primary trend is uptrend for the price.
    • After a correction, price is currently trading near its support level.
    • The last time price came to this level, a sharp upside move has been observed.
    • It is expected that the price may continue its trend and move upside from the current level.
  • Tadawul 7200 : Al Moammar Information Systems - Stochastic Indicator

    Al Moammar Information Systems stock analysis based on Stochastic indicator
    Al Moammar Information Systems - Stochastic indicator

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

  • Tadawul 7200 : Al Moammar Information Systems - RSI Indicator

    Al Moammar Information Systems stock analysis based on RSI indicator
    Al Moammar Information Systems - 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 7200 : Al Moammar Information Systems - OBV Indicator

    Al Moammar Information Systems stock analysis based on OBV indicator
    Al Moammar Information Systems - OBV indicator

    • The OBV line is moving in the same upward direction which means there is a positive sentiment in the market. Also the significant price up move accompanying with increasing OBV volume suggests strong buying pressure.

  • Conclusion - Tadawul 7200 : Al Moammar Information Systems Stock Price Forcast

    Based on our trading signals for Saudi Arabia, Al Moammar Information Systems stock price target will be SAR 155 - SAR 157 in the next 10-12 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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