The Tadawul All Shares Index, or TASI, is currently trading around 10,408. The current pattern suggests that the index is in a down trend, making lower lows and lower highs, notable support is around 9,950. If selling pressure minimize and sustains the support level, pull back is expected.
Tasi is at a potential bounce area, this is a zone of multiple support clusters Even if the downtrend will continue, a reaction to the up side from here is highly expected
=Analysis of the Saudi TASI index. = Analysis on the quarter-hour time frame = The analysis is based on trend analysis = He successfully overtook the decline of an ascending trend line = The decline aims to reach level 9961
Dear supporters I got a lot of request to analyze the Saudi Index TASI, here we are. most of the stocks now at the accumulations phase and I see a very good investments and trading opportunity. good luck every one
tasi indicator in saudi market dont miss the opportunity
There are good chances it may revisit the support area 10860 zone then we may see fresh buyers coming it to catch the bottom. Next strong area of resistance is 11400 zone if that is taken out then we may see new highs in TASI soon. With oil prices climbing up Saudi Stocks will see good push and will attract more investor. If you want more updated on Saudi Market...
Support and resistance levels are critical elements in guiding market trends, and in the TASI index, they play a vital role. The level of 10955 is considered primary and significant daily support, and closing below it represents a sensitive trading zone. On the other hand, 10522 is a major support level that requires careful monitoring, as it could potentially...
Potential Harmonic Pattern Targets are shown on the chart.
= Analysis of the Saudi General Index (TASI). = Analysis on the four-hour time frame =Technical analysis is based on the classical analysis method = He built a failed head and shoulders pattern because the neckline is slanted with the general trend = The upside scenario is the strongest
Tadawul TASI Weekly chart with major pivots. Each blue line is 45 degrees from HL to major HH. H. Numbers are thirds numbers between angles.
= Analysis of the Saudi General Index (TASI)... = Analysis on the hourly time frame =The analysis is based on the classical school of analysis = We now have a falling continuation wedge pattern = When it breaks the level 11439.335, it becomes eligible to drop to the level 11356.639 = By breaking this level, it becomes eligible to reach level 11243.334
33% upside + 2.23% dividends. Since Retal has already declared 0.16 for the first half and it is company policy to issue a dividend on a half-yearly basis
= Analysis of the Saudi general index, based on the hourly chart = The analysis is based on the school of classical analysis = Form an inflection triangle = breaching the level of 11486.108 pushes the stock to reach the level of 11529.540 = A breach of the level of 11529.540 pushes the price to 11694.359
hello there .... TASI now in undecided status we need TASI to show up some strength otherwise any break or 1 will give a chance to move to the next area No.2 if break the will give a chance to move to No.3 box where we found cluster of Fib in large and small time fames. this just to share what i have learned and need your assessment and comment to further my knowledge.
ALsalam 3alikom, I hope you are fine! Study the TASI graph, which depicts weekly for all SAUDI stocks. When initially looking at the chart, you should be able to immediately identify broad details, minor details and minute details. The minor details in this chart are also quite easy to identify, which is lines respect 0.5 OTE Fibonacci. The minute details are...