1304 (TADAWUL)

1304 TADAWUL

Al Yamamah Steel Industries

STAY LONG

32.20

Prev.Close

32.00

Change

+0.2000

Change%

+0.63%

BEARISH DELIBERATION BL...

Bought at

30.83

Open

32.10

High

32.30

Low

31.98

32.20

Gain%

+4.44%

Signal History

Date	Price	Signal	Change%		SAR100⇨
29/06	30.83	BUY	+4.4%	✔	81
17/06	28.87	SELL	+6.8%	❌	81
11/06	30.98	BUY	-6.8%	❌	87
03/06	29.87	SELL	+3.7%	❌	88
01/06	29.93	BUY	-0.2%	❌	88
25/05	30.75	SELL	-2.7%	✔	88
20/05	31.55	BUY	-2.5%	❌	91
07/05	34.95	SELL	-9.7%	✔	91
13/04	32.94	BUY	+6.1%	✔	86
09/04	30.56	SELL	+7.8%	❌	86
27/03	33.09	BUY	-7.6%	❌	93
18/03	32.66	SELL	+1.3%	❌	93
16/03	33.14	BUY	-1.4%	❌	95
20/02	36.39	SELL	-8.9%	✔	95
17/02	36.90	BUY	-1.4%	❌	97
12/02	36.24	SELL	+1.8%	❌	97
06/02	38.85	BUY	-6.7%	❌	104
27/01	39.58	SELL	-1.8%	✔	104
16/01	37.81	BUY	+4.7%	✔	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to STAY LONG. The previous BUY signal was issued on 29/06/2025, 4 days ago, when the stock price was 30.83. Since then, 1304 has risen by +4.44%.

Market Outlook

The market is currently exhibiting uncertainty with a negative bias. There seems to be a lack of consensus among traders. The negative sentiment, however, is increasing, as evident from the latest bearish pattern. Therefore, it's wise to stay vigilant. The share price is still not below the confirmation level and the signal is suggesting to STAY LONG, but the chance of a bearish confirmation that will change the signal to <SELL is quite high. The Delayed Intraday Module is ON. We highly recommend closely monitoring intraday price movements due to the potential downside risks involved.

Pattern Description

This pattern consists of three consecutive white candlesticks with consecutively higher closes in an uptrend. more...

Date	Price	Signal	Change%		SAR100⇨
29/06	30.83	BUY	+4.4%	✔	159
17/06	28.87	SELL	+6.8%	❌	159
11/06	30.98	BUY	-6.8%	❌	171
03/06	29.87	SELL	+3.7%	❌	171
01/06	29.93	BUY	-0.2%	❌	172
25/05	30.75	SELL	-2.7%	✔	172
20/05	31.55	BUY	-2.5%	❌	177
07/05	34.95	SELL	-9.7%	✔	178
13/04	32.94	BUY	+6.1%	✔	168
09/04	30.56	SELL	+7.8%	❌	168
27/03	33.09	BUY	-7.6%	❌	182
18/03	32.66	SELL	+1.3%	❌	183
16/03	33.14	BUY	-1.4%	❌	186
20/02	36.39	SELL	-8.9%	✔	186
17/02	36.90	BUY	-1.4%	❌	189
12/02	36.24	SELL	+1.8%	❌	189
06/02	38.85	BUY	-6.7%	❌	204
27/01	39.58	SELL	-1.8%	✔	204
16/01	37.81	BUY	+4.7%	✔	195
14/01	37.45	SELL	+1.0%	❌	196
01/01	34.15	BUY	+9.7%	✔	179
17/12	35.37	SELL	-3.4%	✔	179
11/12	34.45	BUY	+2.7%	✔	175
05/12	33.50	SELL	+2.8%	❌	175
01/12	32.44	BUY	+3.3%	✔	170
26/11	31.46	SELL	+3.1%	❌	170
19/11	31.48	BUY	-0.1%	❌	171
10/11	33.10	SELL	-4.9%	✔	171
31/10	33.30	BUY	-0.6%	❌	172
17/10	33.36	SELL	-0.2%	✔	173
13/10	33.34	BUY	+0.1%	✔	173
02/10	35.40	SELL	-5.8%	✔	173
19/09	35.10	BUY	+0.9%	✔	172
17/09	34.20	SELL	+2.6%	❌	173
15/09	34.09	BUY	+0.3%	✔	172
12/09	33.56	SELL	+1.6%	❌	173
09/09	34.00	BUY	-1.3%	❌	175
03/09	35.65	SELL	-4.6%	✔	176
28/08	35.30	BUY	+1.0%	✔	174
21/08	35.03	SELL	+0.8%	❌	175