Bullish Divergence on Daily as well as Weekly TF.Bullish Divergence on Daily as well as
Weekly TF.
Currently at Channel Bottom with
Immediate Resistance around 119.
However, it should not break 108
& 103 in worst case.
Next report date
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Report period
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EPS estimate
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Revenue estimate
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3.6 SAR
321.36 M SAR
3.62 B SAR
26.70 M
About ARABIAN DRILLING CO.
Sector
Industry
CEO
Ghassan Abdulaziz Sulaiman Mirdad
Website
Headquarters
Al-Khobar
Founded
1964
ISIN
SA15L1I156H7
FIGI
BBG019QX36M7
Arabian Drilling Co. engages in providing onshore and offshore oil and gas drilling services. It operates through the Onshore and Offshore segments. The Onshore segment provides medium to ultra-heavy rigs, capable of handling complicated horizontal drilling operations. The Offshore segment includes ultra-heavy-duty jack-up rigs outfitted. The company was founded on April 7, 1964 and is headquartered in Al-Khobar, Saudi Arabia.
2381: Buy ideaBuy idea on 2381 as you see on the chart if only if we have the breakout with force the vwap and the resistance Line.
2381Arabian Drilling Company is in a down trend since 18th March' 2024. Currently it is testing its demand zone around 136 and RSI indicator is at over bought level and the doji candle formation is observed which indicates a bullish reversal from this level. Use stop loss below demand zone at 130. Init
Arabian Drilling - Time to buyaccording the the doubled channel, we are at the bottom and it is expected to reflect until 160
Arabian Drilling potential reversalthere is a potential reversal expected around these prices.. I am in :)
for investors you may start collecting until 137.
2381|Arabian Drilling📊 Arabian Drilling
📈Triple bottom pattern
📈And in the process of forming the fifth Elliott wave, which will move us 50% higher 🚀
🏷 Current price is175.80 riyals
🎯Goals: from 192 to 260 riyals
👇The rest of the details are in the chart!
Good luck!
🤝Please do not forget to support, cheers, likes, com
ARABIAN DRILLING CO. (2381)The price action is moving in an ascending parallel channel and gives closing at 203 in the last trading session. First support lies in the range of 200-198 and second support around 190-188. If it sustains the support zone then buying opportunities will establish. On the flip side, resistance lies
Arabian Drilling Company - 2381The chart pattern is showing a bearish crab harmonic pattern. Which indicates more downward momentum in its price. It is advised to wait for confirmation for taking a long entry. First and second support levels are 182 and 175 respectively.
2381
Arabian Drilling Company (ADC) is an onshore and offshore oil and gas rig drilling company headquartered in Al Khobar, Saudi Arabia. It was founded in 1981 and is one of the largest drilling companies in the Middle East. ADC has a fleet of over 45 rigs, which operate in Saudi Arabia, the United Ara
Arabian drilling -day- a upward trend multiple resistances Alfaisal model shows multiple resistance ( targets)
The stock entered a new upward trend and reached its goal by historic peak. Now it is rebounding to higher targets as shown in the chart
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of 2381 is 88.7 SAR — it has decreased by −0.45% in the past 24 hours. Watch ARABIAN DRILLING CO. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on TADAWUL exchange ARABIAN DRILLING CO. stocks are traded under the ticker 2381.
2381 stock has fallen by −1.44% compared to the previous week, the month change is a −6.24% fall, over the last year ARABIAN DRILLING CO. has showed a −43.86% decrease.
We've gathered analysts' opinions on ARABIAN DRILLING CO. future price: according to them, 2381 price has a max estimate of 163.00 SAR and a min estimate of 94.00 SAR. Watch 2381 chart and read a more detailed ARABIAN DRILLING CO. stock forecast: see what analysts think of ARABIAN DRILLING CO. and suggest that you do with its stocks.
2381 reached its all-time high on Jan 17, 2024 with the price of 214.2 SAR, and its all-time low was 79.9 SAR and was reached on Apr 7, 2025. View more price dynamics on 2381 chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
2381 stock is 1.02% volatile and has beta coefficient of 1.16. Track ARABIAN DRILLING CO. stock price on the chart and check out the list of the most volatile stocks — is ARABIAN DRILLING CO. there?
Today ARABIAN DRILLING CO. has the market capitalization of 7.89 B, it has increased by 6.60% over the last week.
Yes, you can track ARABIAN DRILLING CO. financials in yearly and quarterly reports right on TradingView.
ARABIAN DRILLING CO. is going to release the next earnings report on May 12, 2025. Keep track of upcoming events with our Earnings Calendar.
2381 earnings for the last quarter are 0.79 SAR per share, whereas the estimation was 1.23 SAR resulting in a −35.71% surprise. The estimated earnings for the next quarter are 1.12 SAR per share. See more details about ARABIAN DRILLING CO. earnings.
ARABIAN DRILLING CO. revenue for the last quarter amounts to 850.00 M SAR, despite the estimated figure of 903.58 M SAR. In the next quarter, revenue is expected to reach 901.04 M SAR.
2381 net income for the last quarter is 70.12 M SAR, while the quarter before that showed 84.81 M SAR of net income which accounts for −17.33% change. Track more ARABIAN DRILLING CO. financial stats to get the full picture.
ARABIAN DRILLING CO. dividend yield was 2.42% in 2024, and payout ratio reached 74.78%. The year before the numbers were 2.67% and 74.48% 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. ARABIAN DRILLING CO. EBITDA is 1.42 B SAR, and current EBITDA margin is 42.24%. See more stats in ARABIAN DRILLING CO. financial statements.
Like other stocks, 2381 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 ARABIAN DRILLING 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 ARABIAN DRILLING 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 ARABIAN DRILLING CO. stock shows the sell signal. See more of ARABIAN DRILLING 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.