ADCB: Big probability of downtrendOn ADCB as you see on the chart we will have a big probability to have a downtrend because we have the breakout of the vwap indicator and the support line.Thanks!
1.07AED
7.81 BAED
34.21 BAED
2.91 B
About Abu Dhabi Commercial Bank
Sector
Industry
CEO
Ala'a Mohamed Atta Khalil Eraiqat
Website
Headquarters
Abu Dhabi
Founded
1985
ISIN
AEA000201011
FIGI
BBG000DKRVS2
Abu Dhabi Commercial Bank engages in the provision of commercial banking services. It operates through the following segments: Consumer Banking; Wholesale Banking; Investments and Treasury; and Property Management. The Consumer Banking segment includes retail, wealth management, Islamic financing, and investment in associates. The Wholesale Banking segment consists of business banking, cash management, trade finance, corporate finance, small and medium enterprise financing, investment banking, Islamic financing, infrastructure and asset finance, and government and public enterprises. The Investments and Treasury segment is involved in central treasury operations, management of the group’s investment portfolio and interest rate, currency and commodity derivative portfolio, and Islamic financing. The Property Management segment covers the real estate management and engineering service operations of subsidiaries, and rental income earned from properties of the group. The company was founded on July 1, 1985 and is headquartered in Abu Dhabi, the United Arab Emirates.
ADCB: Buy ideaAs you can see on the graph we are in an upward trend. This upward trend is confirmed through several points that we have raised. First, we have the breakout of the vwap indicator and also we had a spring effect on this indicator and this is what reassures us in our buying position. Additionally, we
QUICK ANALYSIS ON ADCBDear Emirati Traders, you can see on the chart thet the price pulled back multiple times on the resistance level and couldn't break through it, there's a high probability that the market will head down towards the 7.70 level, to make sure of that you must wait for a confirmation of the pullback then
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Frequently Asked Questions
The current price of ADCB is 8.29 AED — it has increased by 0.48% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on ADX exchange Abu Dhabi Commercial Bank stocks are traded under the ticker ADCB.
Abu Dhabi Commercial Bank is going to release the next earnings report on Apr 25, 2024. Keep track of upcoming events with our Earnings Calendar.
ADCB stock is 1.70% volatile and has beta coefficient of 1.71. Check out the list of the most volatile stocks — is Abu Dhabi Commercial Bank there?
ADCB earnings for the last quarter are 0.24 AED per share, whereas the estimation was 0.24 AED resulting in a −3.89% surprise. The estimated earnings for the next quarter are 0.28 AED per share. See more details about Abu Dhabi Commercial Bank earnings.
Abu Dhabi Commercial Bank revenue for the last quarter amounts to 4.23 B AED despite the estimated figure of 4.07 B AED. In the next quarter revenue is expected to reach 4.47 B AED.
Yes, you can track Abu Dhabi Commercial Bank financials in yearly and quarterly reports right on TradingView.
ADCB stock has fallen by 0.72% compared to the previous week, the month change is a 3.60% fall, over the last year Abu Dhabi Commercial Bank has showed a 4.27% decrease.
ADCB net income for the last quarter is 2.45 B AED, while the quarter before that showed 1.72 B AED of net income which accounts for 42.43% change. Track more Abu Dhabi Commercial Bank financial stats to get the full picture.
Today Abu Dhabi Commercial Bank has the market capitalization of 60.37 B, it has decreased by 0.36% over the last week.
Yes, ADCB dividends are paid annually. The last dividend per share was 0.56 AED. As of today, Dividend Yield (TTM)% is 6.79%. Tracking Abu Dhabi Commercial Bank dividends might help you take more informed decisions.
Abu Dhabi Commercial Bank dividend yield was 6.10% in 2023, and payout ratio reached 52.39%. The year before the numbers were 1.90% and 19.01% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, ADCB 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 Abu Dhabi Commercial 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 Abu Dhabi Commercial Bank 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 Abu Dhabi Commercial Bank stock shows the sell signal. See more of Abu Dhabi Commercial 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.
We've gathered analysts' opinions on Abu Dhabi Commercial Bank future price: according to them, ADCB price has a max estimate of 12.30 AED and a min estimate of 9.00 AED. Read a more detailed Abu Dhabi Commercial Bank forecast: see what analysts think of Abu Dhabi Commercial Bank and suggest that you do with its stocks.