2281: Watchout for New Entry2281
An important support of 140 is broken, however, it is still in golden pocket (138.6)
Watchout for support at Channel bottom (136.8)
Entry after green candle at support
Do proper risk management
4.8 SAR
75.94 M SAR
2.09 B SAR
6.00 M
About TANMIAH FOOD CO
Sector
CEO
Sayed Zulfiqar Al-Hamdani
Headquarters
Riyadh
Website
Founded
1991
ISIN
SA15BH1H3KH5
FIGI
BBG011MC6WV4
Tanmiah Food Co. engages in the manufacturing, wholesale, and retail trading of food and agriculture products and its by-products. It operates through the following geographical segments: Kingdom of Saudi Arabia, United Arab Emirates, Bahrain, and Other GCC Countries. The company was founded on October 15, 1991 and is headquartered in Riyadh, Saudi Arabia.
2281: Watchout for SupportPrice is moving within Ascending Parallel Channel after breakout
Last corrective movement is after double top formation
Price is at POC (Volume Profile) which is another support level
if it breaks, price may fall to channel bottom
Watchout for entry after confirmation
2281: Watchout_Double Top Formation2281 is moving nicely in an ascending parallel channel taking support from a long-term trendline support continuously.
Price has shown breakout from parallel channel and has formed double top at a critical resistance of 140.
Bulls need to break the resistance of 140 to continue the bullish trend or
Tanmiah (2281): Trendline SupportTanmiah is again at the trendline support confluence with horizontal support line.
Entry levels with SL are specified with TPs.
Manage your risk accordingly.
TANMIAH: Trendline Support_BullishTanmiah is respecting a trendline support
A recent resistance (horizontal line) is broken and converted into support. A retest at new support line is observed.
Aggressive and conservative entry levels with SL are specified with TPs.
Manage your risk accordingly.
2281: At Support Level or Cup & Handle (Watchout)2281 is forming a cup and handle pattern on daily timeframe.
Volumes are low
However, Price is at a significant support line confluence with volume POC
A trendline support is respected in the past.
If the support confluence is respected, price will go up and touch the TP levels of 123
However, if i
2281: Tanmiah (Rebound after correction)Financial results show disappointment for the traders in Tanmiah
Cost has taken a correction (78.6% fib levels)
Price appear to be taken support from Volume Profile (POC)
Trade with specified SL (or even tighter SL)
TP levels are identified.
2281: TanmiahThe Bullish Butterfly is a complex options trading strategy that aims to profit from a moderate rise in the price of the underlying asset. It's constructed using four options contracts with the same expiration date but different strike prices.
Here's how it typically works:
1. **Buying**:
- B
2281: Potential Bullish Setup (Golden Pocket)Tanmiah earlier broke ATH and took correction
Price is moving in descending channel, however,
price has reached a significant support level
golden pocket (fib level) confluence
breakout will be bullish flag formation
Morning star formation at support level is positive for bullish trend after corre
See all ideas
An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of 2281 is 119.4 SAR — it has decreased by −1.49% in the past 24 hours. Watch TANMIAH FOOD CO stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on TADAWUL exchange TANMIAH FOOD CO stocks are traded under the ticker 2281.
2281 stock has fallen by −4.80% compared to the previous week, the month change is a −12.88% fall, over the last year TANMIAH FOOD CO has showed a 19.40% increase.
We've gathered analysts' opinions on TANMIAH FOOD CO future price: according to them, 2281 price has a max estimate of 129.00 SAR and a min estimate of 129.00 SAR. Watch 2281 chart and read a more detailed TANMIAH FOOD CO stock forecast: see what analysts think of TANMIAH FOOD CO and suggest that you do with its stocks.
2281 reached its all-time high on Mar 17, 2024 with the price of 158.0 SAR, and its all-time low was 60.6 SAR and was reached on Jun 20, 2022. View more price dynamics on 2281 chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
2281 stock is 1.35% volatile and has beta coefficient of 0.78. Track TANMIAH FOOD CO stock price on the chart and check out the list of the most volatile stocks — is TANMIAH FOOD CO there?
Today TANMIAH FOOD CO has the market capitalization of 2.38 B, it has decreased by −3.36% over the last week.
Yes, you can track TANMIAH FOOD CO financials in yearly and quarterly reports right on TradingView.
2281 net income for the last quarter is 24.12 M SAR, while the quarter before that showed 24.02 M SAR of net income which accounts for 0.41% change. Track more TANMIAH FOOD CO financial stats to get the full picture.
Yes, 2281 dividends are paid annually. The last dividend per share was 1.90 SAR. As of today, Dividend Yield (TTM)% is 1.60%. Tracking TANMIAH FOOD CO dividends might help you take more informed decisions.
TANMIAH FOOD CO dividend yield was 1.87% in 2023, and payout ratio reached 50.04%. The year before the numbers were 2.67% and 82.47% 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. TANMIAH FOOD CO EBITDA is 323.03 M SAR, and current EBITDA margin is 12.08%. See more stats in TANMIAH FOOD CO financial statements.
Like other stocks, 2281 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 TANMIAH FOOD 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 TANMIAH FOOD 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 TANMIAH FOOD CO stock shows the sell signal. See more of TANMIAH FOOD 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.