Tadawul trade advice (D): Saudi food & beverages sector stock | 4-5% gain | KSA stock trading signal on 30 Dec 2024

Stock Market

Tadawul, Saudi Arabia

Target hit. Trade closed.

Sinad Holding 4080 Logo

SINAD HOLDING 4080

30-Dec-2024
02-Jan-2025
05-Jan-2025
5 days
Loss per
100,000 SAR
Stop-loss
12.75
Buy Advice
30-Dec-2024
13 - 13.5
Target 1
02-Jan-2025
14
Target 2
05-Jan-2025
14.2
Profit per
100,000 SAR
5 days
6767
12.75
13 - 13.5
14
14.2
6767
30-Dec-2024
02-Jan-2025
05-Jan-2025
5 days
Loss per
100,000 SAR
Stop-loss
12.75
Buy Advice
30-Dec-2024
13 - 13.5
Target 1
02-Jan-2025
14
Target 2
05-Jan-2025
14.2
Profit per
100,000 SAR
5 days
6767
12.75
13 - 13.5
14
14.2
6767
  • Buy
  • Buy
    Range
  • Target
  • StopLoss*
  • Duration
  • Upside
    Potential
  • Sinad Holding
  • 13 - 13.5
  • 14 - 14.2
  • Below 12.75
  • 14-15 Trading Days
  • 4% - 5%
  • Buy Sinad Holding
  • Buy
    Range
    13 - 13.5
  • Target 14 - 14.2
  • StopLoss* Below 12.75
  • Duration 14-15 Trading Days
  • Upside
    Potential
    4% - 5%
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    stock overview

  • Tadawul code
  • Stock name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • 4080
  • SINAD HOLDING
  • Food & Beverages
  • 16.1
  • 11.86
  • Tadawul code 4080
  • Stock name SINAD HOLDING
  • Sector Food & Beverages
  • 52 Weeks High 16.1
  • 52 Weeks Low 11.86
  • Sinad Holding Company is involved in the manufacturing, packaging, wholesale, and retail distribution of food products across the Kingdom of Saudi Arabia, Egypt, other Arab nations, and on an international scale. The organization operates through two primary segments: Investment and Industrial. Its manufacturing portfolio includes dairy products, juices, and beverages, as well as Saudi thobes and uniforms. Additionally, the company invests in stocks and securities, owns real estate and movable assets, and offers loans, guarantees, and financing services. It also holds and leases industrial property rights, which encompass patents, trademarks, industrial rights, franchises, and other intellectual property rights. Previously known as Aseer Trading, Tourism and Manufacturing Co., the company rebranded to Sinad Holding Company in June 2022. Established in 1975, Sinad Holding Company is headquartered in Riyadh, Saudi Arabia, and operates as a subsidiary of Dala Al Baraka Holding Company.

  • Relative Strength

    TADAWUL 4080 - SINAD HOLDING - RELATIVE STRENGTH
    TADAWUL 4080 - SINAD HOLDING - RELATIVE STRENGTH

  • Technical Analysis (Daily)

    TADAWUL 4080 - SINAD HOLDING - DAILY TECHNICAL ANALYSIS
    TADAWUL 4080 - SINAD HOLDING - DAILY TECHNICAL ANALYSIS

    Tadawul 4080 : Sinad Holding - Technical Analysis (Daily)
    • As the price moves through an upward parallel channel, it is currently bouncing off the trendline support level.
    • If this bounce proves to be effective, we could see a rise in the price in the days ahead.
  • Indicator RSI

    TADAWUL 4080 - SINAD HOLDING - RSI
    TADAWUL 4080 - SINAD HOLDING - RSI

    Tadawul 4080 : Sinad Holding - RSI
    • The RSI line is crossing the oversold line from the below, generates bullish signal. The current RSI of the stock is 42.09.
    
    
  • Indicator Stochastic

    TADAWUL 4080 - SINAD HOLDING - STOCHASTIC
    TADAWUL 4080 - SINAD HOLDING - STOCHASTIC

    Tadawul 4080 : Sinad Holding - Stochastic
    • The K (Blue) line is crossing the D (Orange) line from the below, generates bullish signal.

  • Stock Price Forecast

    Based on our stock trading signals of Saudi stock market, Sinad Holding stock price target will be SAR 14 — SAR 14.2 in the next 14-15 trading sessions.

  • money management and trading rules

    1. It's advisable to enter/exit in the recommended range.
    2. Strictly follow the StopLoss as mentioned. Honour it.
    3. Use trailing StopLoss to retain profits.
    4. Diversify trading capital into our other trading recommendations.
    5. Risk only the money what you can afford to lose. Hedge accordingly.
  • Advisor / analyst summary

    The stock trading advice is prepared by the Naranj Capital team under the guidance of Arijit Banerjee, CMT, CFTe. Arijit is a veteran trader and an active investor having in-depth knowledge of financial market research, advanced technical analysis, market cycle, algorithmic trading, and portfolio management. He is a Chartered Market Technician (CMT) accredited by CMT Association USA, the global authority of Technical Analysis and also has been honored as a Certified Financial Technician (CFTe) by the International Federation of Technical Analysts, USA.

  • DISCLOSURE

    The views expressed herein are based solely on information available publicly/internal data/other sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to accuracy. The recommendations provided herein is solely for informational purposes and are not intended to be and must not be taken alone as the basis for an investment/trading decision. Trading and investing are subject to market risk and the securities discussed and opinions expressed herein may not be suitable for all investors. To read the full disclosure, please click here.

  • 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

    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