Here the Tasi daily analysis we have good area for buying opportunity the trend is bullish and the targets are clear to see , Enjoy
The Tadawul All Shares Index (TASI) concluded last week with dull performances across its key indices. The Index loosed 0.03%, accumulate -3.47 points to settle at 12,630.86, the index is currently testing its resistance level with double top formation on weekly time frame. Technical indicators paint a concerning picture. Couple of weekly signals now point towards...
The beginning of the time and price wave for the Saudi market was on October 24, 23, and the time and price cycle ends on February 28, 24.
Tadawul All Share Index (TADAWUL:TASI) 1) In the day chart we noticed that the Tadawul All Share Index has formed a head and shoulder pattern from April 2023 - September 2023 and a obvious neckline breakout marks the end of the H&S pattern. 2) At the end of H&S pattern we noticed a big red candle closed at 50% into the body of the previous green candle....
It will be a bull run for Tasi. this is no recommendation for buy or sell
This looks like a double top on TASI. I guess the support levels to watch out for ar 11850 - 11730. If it bounces from there, the market could look for previous highs. if it breaks below we may go lower to test 11600.
Forming Bullish Flag! Over the next couple of days, probably will test and break the 2045 resistance level! Good luck
The Tadawul All Shares Index (TASI) concluded last week with contrasting performances across its key indices. The Index dipped 1.30%, shedding 157.02 points to settle at 11,959, continuing its rejection within the 12,158-11,869 range for the second consecutive week. Technical indicators paint a concerning picture. Couple of weekly signals now point towards...
stock market chart. On the Day that the UK government has authorised military strikes against Yemen. I take a quick glance at the Saudi stock and see a #HVF in progress. Saudia Arabia as version of the #UAE, as it reinvents itself is the investment thesis, if your morals allow. We can get upset about geopolitics But the war machines are powerful and keep...
Regarding the analysis of the Saudi TASI index, we observe the activation of the Bat harmonic pattern targeting 13500, and it is expected to evolve later in the long term to form the Crab pattern at 16420. Good Luck.
Weekly chart, the Saudi TASI index has formed a chart pattern W and V, then the target is 13930 Expected time frame 3rd Q 2024 Technical indicator MACD is positive; RSI is near over-bought zone. For the long term, monthly chart, there is a probable target at 18100 Good Luck for the Saudi Market :)
Show some good signs: 1- 200 moving average breakout 2- level 11159.5 break If price continue up move target will be: TP1: 11933 level
The Tadawul All Shares Index (TASI) closed the latest weekly session at 11,225.35 , marking a positive gain of 47.87 points (0.43%) . Currently, the index is testing desending trend line. The index shows low activity with a small candle body which indicated rejection can be seen in upcoming sessions. A bearish pattern is evident until the 10,400 support sustains....
Show some weak signs: 1- Break VAWAP 2- Bearish Divergence back to retest 200 Ma or deep correction to 10504 target will be: TP1: 11159 TP2: Daily 200MA
The Tadawul All Shares Index (TASI) concluded its most recent trading session at 11,137, reflecting a positive gain of 55 points. Notably, the index has surpassed its previous resistance level of 10,987, which has now transitioned into a crucial support level. The subsequent resistance level is anticipated to manifest around 11,189 which the market almost tested...
The Tadawul All Shares Index (TASI) concluded its most recent trading session at 11,082, reflecting a positive gain of 59 points. Notably, the index has surpassed its previous resistance level of 10,987, which has now transitioned into a crucial support level. The subsequent resistance level is anticipated to manifest around 11,198. Current market patterns imply a...
The main stock market index in Saudi Arabia (TASI) increased 604 points or 5.76% since the beginning of 2023, according to trading on a contract for difference (CFD) that tracks this benchmark index from Saudi Arabia.