DFM : DIB - Trade Plan - Good Bounce at Fibonacci RetracementGood Day, Traders!
The Stock DIB at #DFM bounced twice from Golden Ratio of Fibonacci Retracement after providing dividend. This makes the golden ratio a respectable support. The stock is expected to rise from here with few corrections. We may have a profit taking opportunity. Good volumes further
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1.04 AED
7.51 B AED
22.10 B AED
5.14 B
About DUBAI ISLAMIC BANK
Sector
Industry
CEO
Adnan Abdul Shakoor Chilwan
Website
Headquarters
Dubai
Founded
1975
ISIN
AED000201015
FIGI
BBG000BFMYV0
Dubai Islamic Bank PJSC engages in the provision of banking and financial services. It operates through the following segments: Consumer Banking, Corporate Banking, Real Estate Development, Treasury, and Other.The Consumer Banking segment handles small and medium businesses and individual customers' deposits and provides consumer and commercial Murabahas, Salam, Ijarah, credit cards and funds transfer facilities as well as and trade finance facilities.The Corporate Banking segment handles financing and other credit facilities and deposit and current accounts for corporate and institutional customers.The Real Estate Development segment includes property development and other real estate investments by subsidiaries. The Treasury segment manages overall liquidity and market risk and provides treasury services to customers.The Other segment encompasses functions other than the other core lines of businesses including investment banking services.The company was founded on March 12, 1975 and is headquartered in Dubai, United Arab Emirates.
DIB: Buy ideaOn DIB we have a very high probability of having an upward trend given the configuration of the chart. We can observe small candles with small bodies and long wicks. In addition to this we are also above the vwap indicator. Which reassures us in our purchasing position.
However, we must be vigilant.
Trying HardDIB has made a attempt to break 6.00 but it could not and now its trying for the second time. I would like to see it spending days near this zone so that we can see a build up of contraction of volatility and then let it explode it to the upside. Support area at 5.40 in case if it wants to come down
Good SetupThis stock is very stock fundamentally and now we are seeing good technicals on this chart. We are seeing good buying pressure at very important support and resistance zone. I think the rally will continue to the upside and it will hit the targets. This stock also give good dividends, good for long
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Summarizing what the indicators are suggesting.
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An aggregate view of professional's ratings.
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Displays a symbol's price movements over previous years to identify recurring trends.
DIBUH126USD2
DIB Sukuk Ltd Corp Tran2 Sukuk 2.95 Jan26Yield to maturity
2.35%
Maturity date
Jan 16, 2026
See all DIB bonds
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Frequently Asked Questions
The current price of DIB is 7.49 AED — it has increased by 0.54% in the past 24 hours. Watch DUBAI ISLAMIC BANK stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on DFM exchange DUBAI ISLAMIC BANK stocks are traded under the ticker DIB.
DIB stock has risen by 3.88% compared to the previous week, the month change is a −0.40% fall, over the last year DUBAI ISLAMIC BANK has showed a 30.49% increase.
We've gathered analysts' opinions on DUBAI ISLAMIC BANK future price: according to them, DIB price has a max estimate of 10.00 AED and a min estimate of 7.30 AED. Watch DIB chart and read a more detailed DUBAI ISLAMIC BANK stock forecast: see what analysts think of DUBAI ISLAMIC BANK and suggest that you do with its stocks.
DIB stock is 1.08% volatile and has beta coefficient of 0.79. Track DUBAI ISLAMIC BANK stock price on the chart and check out the list of the most volatile stocks — is DUBAI ISLAMIC BANK there?
Today DUBAI ISLAMIC BANK has the market capitalization of 53.84 B, it has increased by 5.07% over the last week.
Yes, you can track DUBAI ISLAMIC BANK financials in yearly and quarterly reports right on TradingView.
DUBAI ISLAMIC BANK is going to release the next earnings report on Apr 23, 2025. Keep track of upcoming events with our Earnings Calendar.
DIB earnings for the last quarter are 0.34 AED per share, whereas the estimation was 0.21 AED resulting in a 58.79% surprise. The estimated earnings for the next quarter are 0.21 AED per share. See more details about DUBAI ISLAMIC BANK earnings.
DUBAI ISLAMIC BANK revenue for the last quarter amounts to 1.14 B AED, despite the estimated figure of 3.07 B AED. In the next quarter, revenue is expected to reach 3.26 B AED.
DIB net income for the last quarter is 2.50 B AED, while the quarter before that showed 1.94 B AED of net income which accounts for 28.56% change. Track more DUBAI ISLAMIC BANK financial stats to get the full picture.
Yes, DIB dividends are paid annually. The last dividend per share was 0.45 AED. As of today, Dividend Yield (TTM)% is 6.04%. Tracking DUBAI ISLAMIC BANK dividends might help you take more informed decisions.
DUBAI ISLAMIC BANK dividend yield was 6.35% in 2024, and payout ratio reached 43.30%. The year before the numbers were 7.87% and 51.03% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, DIB shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade DUBAI ISLAMIC BANK stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So DUBAI ISLAMIC BANK technincal analysis shows the buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating DUBAI ISLAMIC BANK stock shows the buy signal. See more of DUBAI ISLAMIC BANK technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.