ZMID: Bulls Need One More Confirmation 📊 ZMID: Bulls Need One More Confirmation 🚀
🔍 The Pulse:
ZMID remains inside a major long term uptrend channel. 📈
After completing the fifth Elliott Wave, the stock entered an ABC correction. 🔄
Today's momentum candle respected a strong support level, keeping the bullish structure intact. 💪
The fina
Zahraa Maadi Investment & Development
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Compare with Zahraa Maadi Investment & Development
255.57 M
Profile
Sector
Industry
CEO
Mohammed Ahmed Ibrahim Ghanim
Website
Headquarters
Cairo
Founded
1980
IPO date
Jul 3, 1996
ISIN
EGS21171C011
FIGI
BBG000K4N985
Identifiers
ISIN EGS21171C011
Zahraa Maadi Investment & Development engages in the real estate sector. Its activities include real estate development, housing, and construction. The company also engages in tourism and investment projects. Zahraa Maadi Investment & Development was founded on June 2, 1980 and is headquartered in Cairo, Egypt.
ZMID: Uptrend Channel Consolidates Ahead of ATH Breakout 📊 ZMID: Uptrend Channel Consolidates Ahead of ATH Breakout 🚀📈
🔍 The Pulse:
(ZMID) has been riding a strong, well-defined uptrend channel since the beginning of March. After testing its All-Time High (ATH) at 6.57 EGP twice, the price has entered a healthy consolidation phase right above the 38.2%
ZMID: Heavy Liquidity Fuels Potential ATH Breakout📊 ZMID: Heavy Liquidity Fuels Potential ATH Breakout Over Double Top 🚀📈
🔍 The Pulse:
Zahraa Maadi is facing a major structural crossroads between a Double Top rejection or a massive All-Time High (ATH) breakout. ⚡
I strongly favor the bullish breakout scenario. 📈
Strong institutional liquidity con
EGX: ZMID — Daily Chart SetupZahraa Maadi Investment & Development ( EGX:ZMID ) is shaping a classic Cup and Handle pattern on the daily chart , pointing to a strong medium-term breakout potential.
Setup Breakdown
The Pattern: The stock completed a major rounded cup, recovering from a 4.80 EGP support floor hit back in Marc
ZMID (Zahraa Maadi): The Fundamental Diamond ZMID (Zahraa Maadi): The Fundamental Diamond 💎📈
The Cash King: This as a "Deep Value" titan.
Passing the cash-flow health test with flying colors is rare for the sector.
With zero debt and a balance sheet that holds more cash than liabilities.
ZMID is the ultimate defensive "Safe Haven" in Egypti
ZMID is still moving inside a downtrend channel watch out
📉 ZMID is still moving inside a downtrend channel — watch out 👀
Price is touching the upper boundary and may rebound from 5.5 🔁
The stock will start to look more positive once it breaks the 5.65 resistance at the 50% Fib level 💥
A clean breakout there would change the character of the move 📊✨
If
ZMD is trading inside a downtrend channel ZMD is trading inside a downtrend channel 📉📐.
Today, price touched the 200 MA, rebounded, and closed within the key order block zone that previously led to the all-time high 🔄📈.
In my view, if price breaks below the downtrend channel and the 200 MA sell it.
The next key level to watch will be the
ZMID rebounded on strong volume, but it’s not an entry yetZMID rebounded on strong volume 📈🔊, but it’s not an entry yet ⚠️.
Price is currently at a strong resistance zone — the 0.382 Fib level and volume resistance 🧱📐.
I wouldn’t consider entering unless it breaks and closes above 5.7, which would signal at least a change of character 📈✔️.
⚠️ Disclaime
Zmid Break-&-Go Continuation Plan.Entry Trigger
4.40 EGP+
Stop-Loss
4.18 EGP — beneath 9 EMA (daily) & last micro-base
Target 1
4.60 EGP
Target 2
4.80 EGP
Target 3
5.20 EGP — weekly supply April 2022
Wait for either the 4.40 breakout confirmation or an orderly pull-back to 4.05-4.10 (low prob for now). Anything in-between → ❌
See all ideas
Summarizing what the indicators are suggesting.
Neutral
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Strong sellStrong buy
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Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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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.
Frequently asked questions
The current price of ZMID is 7.05 EGP — it has increased by 3.65% in the past 24 hours. Watch Zahraa Maadi Investment & Development stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on EGX exchange Zahraa Maadi Investment & Development stocks are traded under the ticker ZMID.
ZMID stock has risen by 9.23% compared to the previous week, the month change is a 15.45% rise, over the last year Zahraa Maadi Investment & Development has showed a 94.21% increase.
We've gathered analysts' opinions on Zahraa Maadi Investment & Development future price: according to them, ZMID price has a max estimate of 9.71 EGP and a min estimate of 9.71 EGP. Watch ZMID chart and read a more detailed Zahraa Maadi Investment & Development stock forecast: see what analysts think of Zahraa Maadi Investment & Development and suggest that you do with its stocks.
ZMID reached its all-time high on Aug 25, 2021 with the price of 15.05 EGP, and its all-time low was 0.28 EGP and was reached on May 21, 2007. View more price dynamics on ZMID chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
ZMID stock is 4.53% volatile and has beta coefficient of 0.51. Track Zahraa Maadi Investment & Development stock price on the chart and check out the list of the most volatile stocks — is Zahraa Maadi Investment & Development there?
Today Zahraa Maadi Investment & Development has the market capitalization of 6.85 B, it has increased by 0.78% over the last week.
Yes, you can track Zahraa Maadi Investment & Development financials in yearly and quarterly reports right on TradingView.
ZMID net income for the last quarter is 138.77 M EGP, while the quarter before that showed 186.36 M EGP of net income which accounts for 0.00% change. Track more Zahraa Maadi Investment & Development financial stats to get the full picture.
Like other stocks, ZMID 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 Zahraa Maadi Investment & Development 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 Zahraa Maadi Investment & Development technincal analysis shows the strong 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 Zahraa Maadi Investment & Development stock shows the strong buy signal. See more of Zahraa Maadi Investment & Development 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.









