1322 TASIBullish on weekly TF
Moving in a bullish channel and taking the support of channel
Trading above the moving averages
Volumes are also pertty goods support the price
1.6 SAR
54.58 M SAR
487.89 M SAR
49.85 M
About ALMASANE ALKOBRA MINING CO
Sector
Industry
CEO
Yahia M. Al-Shangiti
Website
Headquarters
Najran
Founded
2008
ISIN
SA15HG50KL10
FIGI
BBG015D28KV1
Al Masane Al Kobra Mining Co. engages in the exploration, exploitation, and operation of mines. It operates the Al Masane Copper Zinc Mine and Guyan Gold Mine. The company was founded by Mohammed bin Manaa bin Sultan Aballala and Ali bin Musallam Ibrahim in 2008 and is headquartered in Najran, Saudi Arabia.
Bullish on Daily as well as Weekly TF
65.60 - 66 is an Important Resistance Level.
If this level is Crossed & sustained, we may
witness 68.
On the flip side, 63.50 is an Important Support
level that should be sustained on Monthly Basis.
Morning Star Formation on Weekly TF.
Weekly Closing above 23.6% Fib. Level.
However, Bearish Divergence is there on
Weekly TF. Sustaining 62 is Important for now.
Immediate Resistance is around 66 - 67.
Risk can be taken with a Stoploss of 59
on Closing basis.
1322The price action is in an uptrend making higher highs and higher lows with the negative session observed in the last trading session and price closes at 58.70 (-1.51%). Support level lies in the range of 57.50-58 where long position can be consider with the stop loss below 55 to manage risk. On the
1322 AMAK D1 - 6/5/2024 (TASI Market)1322 AMAK D1 - 6/5/2024 (TASI Market):
Elliott Wave
Trend Analysis
Harmonic
Regards,
Cup & Handle FormationsEntry can be taken at CMP or around 59.50
with a Stoploss of 57 (closing basis)
However, more secure Stoploss would be 54.50
(on closing basis)
For Daily + Weekly Cup & Handle Targets,
Important level to Sustain is 62 - 64
1322 seems to be a long term up stockthe stock is potential for long term uptrend ..I am in as an investor for not less than 3 months.
good luck
ANALYSIS ON 1322Dear Saudi Traders and Investors, I'm making this analysis on 1322 to tell you NOT TO BUY 1322 since there's a low volume and the price is heading towards the level 1 of the Pitchfork, the right thing to do in this case is to wait for the price to come back with a confirmation then you can buy.
L
QUICK ANALYSIS ON 1322Dear Saudi Investors, I saw in a group long ago some people talking about buying 1322, last Friday when I checked the posts I found that most of them have bought and looking for a point where to close with minimal losses.
The reason why I'm posting this is to tell you not to buy 1322 currently sinc
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of 1322 is 65.9 SAR — it has decreased by −0.45% in the past 24 hours. Watch ALMASANE ALKOBRA MINING CO stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on TADAWUL exchange ALMASANE ALKOBRA MINING CO stocks are traded under the ticker 1322.
1322 stock has fallen by −4.35% compared to the previous week, the month change is a −6.52% fall, over the last year ALMASANE ALKOBRA MINING CO has showed a 29.22% increase.
1322 reached its all-time high on Apr 11, 2022 with the price of 87.9 SAR, and its all-time low was 48.3 SAR and was reached on Oct 24, 2023. View more price dynamics on 1322 chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
1322 stock is 1.22% volatile and has beta coefficient of 0.82. Track ALMASANE ALKOBRA MINING CO stock price on the chart and check out the list of the most volatile stocks — is ALMASANE ALKOBRA MINING CO there?
Yes, you can track ALMASANE ALKOBRA MINING CO financials in yearly and quarterly reports right on TradingView.
1322 net income for the last quarter is 59.75 M SAR, while the quarter before that showed 61.82 M SAR of net income which accounts for −3.34% change. Track more ALMASANE ALKOBRA MINING CO financial stats to get the full picture.
ALMASANE ALKOBRA MINING CO dividend yield was 2.88% in 2023, and payout ratio reached 211.98%. The year before the numbers were 5.01% and 177.84% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. ALMASANE ALKOBRA MINING CO EBITDA is 299.50 M SAR, and current EBITDA margin is 38.02%. See more stats in ALMASANE ALKOBRA MINING CO financial statements.
Like other stocks, 1322 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 ALMASANE ALKOBRA MINING CO 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 ALMASANE ALKOBRA MINING CO technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating ALMASANE ALKOBRA MINING CO stock shows the buy signal. See more of ALMASANE ALKOBRA MINING CO 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.