Long-Term Strong Saudi Stocks | Newcomers MESC(2370) And SUMOU(4323) Rank 2nd, 8th; SAUDI RE(8200) Returns to Top 1
MESC 2370.SA | 41.90 | +5.14% |
SUMOU 4323.SA | 46.00 | -1.08% |
SAUDI RE 8200.SA | 46.10 | -2.43% |
ZOUJAJ 2150.SA | 54.30 | -0.73% |
RETAL 4322.SA | 16.32 | -1.09% |
Seeking Strong Mid to Long-term Trending Stocks in The Saudi Market, Updated Weekly
This list of stocks tracks those listed on the main board of the Saudi Stock Exchange, and the market data is sourced from the Saudi Stock Exchange. It combines the long-term, medium-term, and short-term price trends to derive the technical factor RPS Ratings. We have further included the fundamental factor of Earnings Ratings and combined it with RPS Ratings to calculate the final ratings. We then filtered out the stocks with a score of 70 or above. Previous Column Details>>
Bullish Stocks List
Data As of 19/12/2024
| Ranking | CODE | Comprehen- sive Ratings | RPS Ratings | Earnings Ratings | Sectors | TOP30 | Last Week's Ranking |
| 1 | Saudi Reinsurance Co.(8200.SA) | 98.37 | 98.89 | 97.58 | Insurance | TOP30 | 2 |
| 2 | Middle East Specialized Cables Co.(2370.SA) | 91.53 | 94.49 | 87.10 | Capital Goods | TOP30 | #N/A |
| 3 | The National Company for Glass Industries(2150.SA) | 88.33 | 86.46 | 91.13 | Materials | TOP30 | 3 |
| 4 | Retal Urban Development co.(4322.SA) | 87.36 | 95.60 | 75.00 | Real Estate Mgmt & Dev't | 4 | |
| 5 | Arriyadh Development Co.(4150.SA) | 85.77 | 88.11 | 82.26 | Real Estate Mgmt & Dev't | TOP30 | 7 |
| 6 | Riyadh Cables Group Co.(4142.SA) | 85.40 | 93.95 | 72.58 | Capital Goods | 5 | |
| 7 | Zamil Industrial Investment Co.(2240.SA) | 85.09 | 89.14 | 79.03 | Materials | TOP30 | 6 |
| 8 | Sumou Real Estate Co.(4323.SA) | 84.34 | 85.19 | 83.06 | Real Estate Mgmt & Dev't | TOP30 | #N/A |
| 9 | Etihad Atheeb Telecommunication Co.(7040.SA) | 84.30 | 96.42 | 66.13 | Telecommunication Services | 8 | |
| 10 | Elm Co(7203.SA) | 80.59 | 86.46 | 71.77 | Software & Services | 9 | |
| 11 | Astra Industrial Group(1212.SA) | 76.09 | 87.57 | 58.87 | Capital Goods | 10 | |
| 12 | Electrical Industries Co.(1303.SA) | 70.59 | 93.46 | 36.29 | Capital Goods | 11 |
Note: "Last Week's Ranking" indicates the position of the stock in the previous week's list. "#N/A" means that the stock did not appear on last week's list and is a new entrant in this week's list, marked in green in the table. "TOP30" indicates whether the stock is part of our TOP 30 watchlist, the detailed list>>
Additional Information
The rating of these stocks combines factors from the different stages of a stock's performance over one year, six months, and three months. In terms of weighting, we assign a 50% weight to the one-year performance, which reflects our greater emphasis on the medium to long-term trends of a stock. These stocks with ratings exceeding 80 points indicate that their strength surpasses that of 80% of other stocks in the market. Behind the technical strength of these stocks, there are certainly other supporting factors, such as strong earnings, an innovative product, or the appointment of a more prestigious manager, among others. Welcome readers to explore these factors together.
Disclaimer: The above content presents quantified results of publicly available market indicators and is solely for observation and discussion purposes. It does not constitute investment advice.
