06-23-2024, 12:06 AM
Taiba stock analysis
The shares of Taiba Company, listed on the Saudi Stock Exchange, have been trading in an upward trend since 2020. Taiba's stock symbol on the Saudi Stock Exchange is 4090. The share price rose from 22.87 riyals in March 2020 AD until it reached 43.40 riyals in November 2021 AD. The stock then began a wave of decline and fluctuation, with the price of Taiba shares now recording 27.70 Saudi riyals.
هدف سهم طيبة
The previous closing price of the stock was 27.80 riyals, while the opening price was 27.80 riyals. Thus, Taiba shares recorded a new decrease of 10 halalas, or 0.36%. The market value of Taiba shares is estimated at 4,444.74 million riyals. The percentage change in Taiba’s share price since the beginning of this year is estimated at about 12.58%.
Taiba stock is trading in the short-term sideways trend, and experts advise keeping the stock now while activating the stop order if the stock is able to break the support point of 33.20, and the stop loss order if the resistance point of 33.20 is broken. The target of Taiba stock is 35 and 36.
The shares of Taiba Company, listed on the Saudi Stock Exchange, have been trading in an upward trend since 2020. Taiba's stock symbol on the Saudi Stock Exchange is 4090. The share price rose from 22.87 riyals in March 2020 AD until it reached 43.40 riyals in November 2021 AD. The stock then began a wave of decline and fluctuation, with the price of Taiba shares now recording 27.70 Saudi riyals.
هدف سهم طيبة
The previous closing price of the stock was 27.80 riyals, while the opening price was 27.80 riyals. Thus, Taiba shares recorded a new decrease of 10 halalas, or 0.36%. The market value of Taiba shares is estimated at 4,444.74 million riyals. The percentage change in Taiba’s share price since the beginning of this year is estimated at about 12.58%.
Taiba stock is trading in the short-term sideways trend, and experts advise keeping the stock now while activating the stop order if the stock is able to break the support point of 33.20, and the stop loss order if the resistance point of 33.20 is broken. The target of Taiba stock is 35 and 36.