ACWA POWER is getting exhaustedACWA POWER is getting exhausted from pushing up you may sell what you have bought and even forecast a sell for the coming times
Next report date
Report period
Q1 2024
EPS estimate
1.01SAR
Revenue estimate
2.52 BSAR
2.27SAR
1.66 BSAR
6.54 BSAR
215.25 M
About ACWA POWER CO.
Sector
Industry
CEO
Marco Pierro Arcelli
Website
Headquarters
Riyadh
Founded
2004
FIGI
BBG012DBBB80
ACWA Power Co. develops, owns, and operates independent water and power projects. It operates through the following segments: Thermal and Water Desalination, Renewables and Others. The Thermal and Water Desalination segments includes power and water desalination plants which use fossil fuel (oil, coal, gas) as the main source of fuel for the generation of electricity and production of water. The Renewable segment includes f PV (Photovoltaic), CSP (Concentrated Solar Power), Wind plants and Hydrogen. Others comprises of corporate functions. The firm also selects investment partners, identifies technical solution, and negotiates with the contractors. The company was founded in 2004 and is headquartered in Riyadh, Saudi Arabia.
Chart of the week Acwa Power. Tadawul IndexThis stock came to my attention somewhere in April 22. Since then I was waiting for this stock to break high made on 3 April 22. 2 weeks before the stock gave closing above 189 then came down to test the support and last week again gave breakout. Now the stock looks like to give up move once again.
ACWA 2082: Cup & Handle formation (Bullish Setup)Cup and Handle Formation is in action.
Trade with specified stop loss.
Trail SL to ride the trend.
Manage risk properly before taking trade.
ACWA POWER A short trade can be taken with stop loss
Formation of HH, HL
Breakout of trendline/Falling Wedge
Completion of Harmonic Pattern
Trail stop loss
ACWA POWERTrendline Breakout
Formation of HH,
HL in process
Trade with Stop Loss (slightly below 134.5)
Entry @ current price (138) or 137
TP levels as per fib levels
Trail your stop loss
TASI, 2082: ACWA1- Series of HH, HL --> Bullish Trend; Dow Theory
2- Above Trendline Support
3- Every time it hits trendline support, it takes upside movement
4- Biased: Bullish
Buy @ 160.8
SL @previous HL: 145.75
TP1 @ 180.5
TP2 @ 187.5
TASI, 2082: ACWATrendline resistance breakout. (Confirmation of false breakdown)
Setup is ready for long.
1- Series of HH, HL --> Bullish Trend; Dow Theory
2- Above Trendline Support
3- Every time it hits trendline support, it takes upside movement
4- Biased: Bullish
Buy @ current level (164.4)
Buy after re
2082 ACWA POWERAs per chart analysis, the Price is going 200 SAR
First Target 200 SAR
Second Target 220 SAR
Stop loss 160 SAR
(2082) ACWA POWER can be predicted for future, {"_"}.(2082) ACWA POWER in the future this chart will be updated,
if you want me to analyze your stock feel free to contact me private {"_"}.
2082 ACWA PowerRSI Positive
50 EMA Positive
Volume Increased
Let's watch and see
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Frequently Asked Questions
The current price of 2082 is 420.00 SAR — it has decreased by 6.87% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on TADAWUL exchange ACWA POWER CO. stocks are traded under the ticker 2082.
ACWA POWER CO. is going to release the next earnings report on May 15, 2024. Keep track of upcoming events with our Earnings Calendar.
2082 stock is 13.17% volatile and has beta coefficient of 0.71. Check out the list of the most volatile stocks — is ACWA POWER CO. there?
Yes, you can track ACWA POWER CO. financials in yearly and quarterly reports right on TradingView.
2082 stock has fallen by 0.19% compared to the previous week, the month change is a 21.67% rise, over the last year ACWA POWER CO. has showed a 167.52% increase.
2082 net income for the last quarter is 579.64 M SAR, while the quarter before that showed 397.94 M SAR of net income which accounts for 45.66% change. Track more ACWA POWER CO. financial stats to get the full picture.
Today ACWA POWER CO. has the market capitalization of 307.06 B, it has increased by 9.69% over the last week.
Yes, 2082 dividends are paid annually. The last dividend per share was 0.83 SAR. As of today, Dividend Yield (TTM)% is 0.20%. Tracking ACWA POWER CO. dividends might help you take more informed decisions.
ACWA POWER CO. dividend yield was 0.18% in 2023, and payout ratio reached 19.85%. The year before the numbers were 0.55% and 46.36% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, 2082 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 ACWA POWER 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 ACWA POWER CO. technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating ACWA POWER CO. stock shows the strong buy signal. See more of ACWA POWER 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.
We've gathered analysts' opinions on ACWA POWER CO. future price: according to them, 2082 price has a max estimate of 275.00 SAR and a min estimate of 100.00 SAR. Read a more detailed ACWA POWER CO. forecast: see what analysts think of ACWA POWER CO. and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. ACWA POWER CO. EBITDA is 3.17 B SAR, and current EBITDA margin is 48.44%. See more stats in ACWA POWER CO. financial statements.