2230 (TADAWUL)

2230 TADAWUL

Saudi Chemical

SELL

8.2800

Prev.Close

8.3600

Change

-0.0800

Change%

-0.96%

BEARISH DELIBERATION BL...

Sold at

8.3150

Open

8.3500

High

8.4200

Low

8.1500

8.2800

Gain%

-0.42%

Signal History

Date	Price	Signal	Change%		SAR100⇨
05/02	8.3150	SELL	-0.4%		142
25/01	7.1900	BUY	+15.6%	✔ 👍	123
20/01	7.1100	SELL	+1.1%	❌	124
31/12	6.3600	BUY	+11.8%	✔ 👍	111
22/12	6.4000	SELL	-0.6%	✔	111
18/12	6.4800	BUY	-1.2%	❌	113
16/11	7.5200	SELL	-13.8%	✔	113
12/11	7.7700	BUY	-3.2%	❌	117
28/10	7.5500	SELL	+2.9%	❌	117
23/10	7.3100	BUY	+3.3%	✔	114
07/10	7.3600	SELL	-0.7%	✔	114
17/09	6.3200	BUY	+16.5%	✔ 👍	98
11/08	7.2200	SELL	-12.5%	✔	98
06/08	7.3300	BUY	-1.5%	❌	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 SELL. The BEARISH DELIBERATION BLOCK pattern has finally received confirmation because the prices crossed below the confirmation level at 8.3450, and our valid average selling price now stands at 8.3150. The previous BUY signal was issued on 25/01/2026, 11 days ago, when the stock price was 7.1900. Since then, 2230 has risen by +15.65%.

Market Outlook

We may be at a market top or at the beginning of a correction. The market has lost momentum, and traders are now more aligned in their bearish outlook. The compelling evidence suggests it's prudent to consider closing long positions. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a <SELL signal is generated. You still have time to act on the signal, and then you can begin evaluating other securities for a potential bullish bet.

Pattern Description

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

Date	Price	Signal	Change%		SAR100⇨
05/02	8.3150	SELL	-0.4%		475
25/01	7.1900	BUY	+15.6%	✔ 👍	411
20/01	7.1100	SELL	+1.1%	❌	412
31/12	6.3600	BUY	+11.8%	✔ 👍	370
22/12	6.4000	SELL	-0.6%	✔	370
18/12	6.4800	BUY	-1.2%	❌	376
16/11	7.5200	SELL	-13.8%	✔	376
12/11	7.7700	BUY	-3.2%	❌	390
28/10	7.5500	SELL	+2.9%	❌	390
23/10	7.3100	BUY	+3.3%	✔	379
07/10	7.3600	SELL	-0.7%	✔	380
17/09	6.3200	BUY	+16.5%	✔ 👍	327
11/08	7.2200	SELL	-12.5%	✔	327
06/08	7.3300	BUY	-1.5%	❌	333
04/08	7.3200	SELL	+0.1%	❌	334
27/07	7.3300	BUY	-0.1%	❌	335
15/07	7.5800	SELL	-3.3%	✔	335
10/07	7.2800	BUY	+4.1%	✔	323
06/07	7.2400	SELL	+0.6%	❌	323
24/06	6.6600	BUY	+8.7%	✔	298
18/06	6.8700	SELL	-3.1%	✔	299
16/06	7.0300	BUY	-2.3%	❌	306
03/06	7.6600	SELL	-8.2%	✔	307
28/05	7.3800	BUY	+3.8%	✔	296
11/05	8.4500	SELL	-12.7%	✔	297
08/05	8.7500	BUY	-3.4%	❌	308
30/04	8.4500	SELL	+3.6%	❌	309
23/04	8.5200	BUY	-0.8%	❌	312
17/04	8.7200	SELL	-2.3%	✔	312
10/04	7.9800	BUY	+9.3%	✔	286
24/03	8.6400	SELL	-7.6%	✔	287
20/03	8.7050	BUY	-0.7%	❌	290
18/03	8.7500	SELL	-0.5%	✔	290
13/03	8.0900	BUY	+8.2%	✔	269
12/02	10.2500	SELL	-21.1%	✔	270
05/02	10.2200	BUY	+0.3%	✔	269
29/01	10.3800	SELL	-1.5%	✔	270
08/01	9.3100	BUY	+11.5%	✔ 👍	242
06/01	9.2400	SELL	+0.8%	❌	243
02/01	9.4100	BUY	-1.8%	❌	248