2240 (TADAWUL)

2240 TADAWUL

Zamil Industrial Investment

STAY LONG

36.82

Prev.Close

35.00

Change

+1.8200

Change%

+5.20%

BEARISH THREE GAP UPS

Bought at

34.18

Open

35.20

High

37.50

Low

35.04

36.82

Gain%

+7.72%

Signal History

Date	Price	Signal	Change%		SAR100⇨
26/10	34.18	BUY	+7.7%	✔	124
22/10	32.20	SELL	+6.1%	❌	124
19/10	32.46	BUY	-0.8%	❌	126
02/10	33.34	SELL	-2.6%	✔	126
21/09	32.05	BUY	+4.0%	✔	121
20/08	38.25	SELL	-16.2%	✔	122
17/08	39.33	BUY	-2.7%	❌	125
13/08	38.71	SELL	+1.6%	❌	126
07/08	39.60	BUY	-2.2%	❌	129
05/08	39.61	SELL	0.0%	✔	129
03/08	40.17	BUY	-1.4%	❌	131
13/07	46.35	SELL	-13.3%	✔	131
24/06	40.09	BUY	+15.6%	✔ 👍	114
19/06	38.91	SELL	+3.0%	❌	114
17/06	39.33	BUY	-1.1%	❌	115
15/05	44.47	SELL	-11.6%	✔	116
28/04	38.28	BUY	+16.2%	✔ 👍	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 26/10/2025, 2 days ago, when the stock price was 34.18. Since then, 2240 has risen by +7.72%.

Market Outlook

Today's candlestick analysis unveiled a new bearish pattern, signaling market participants to remain vigilant. Market focus has shifted to the downside. Based on this pattern, in response to the emerging market bearishness, the system has established new confirmation and stop-loss levels. The signal tells us to STAY LONG, but the chance of a bearish confirmation that will change the signal to <SELL is very high. The Delayed Intraday Module is ON. Given the risks involved, we highly recommend closely monitoring intraday price movements.

Pattern Description

This is a four-day bearish reversal pattern. It consists of three consecutive days, each opening with a gap up. After Three Gap Ups, the market becomes significantly overbought, signaling a potential reversal of the current uptrend. more...

Date	Price	Signal	Change%		SAR100⇨
26/10	34.18	BUY	+7.7%	✔	457
22/10	32.20	SELL	+6.1%	❌	458
19/10	32.46	BUY	-0.8%	❌	463
02/10	33.34	SELL	-2.6%	✔	464
21/09	32.05	BUY	+4.0%	✔	447
20/08	38.25	SELL	-16.2%	✔	448
17/08	39.33	BUY	-2.7%	❌	461
13/08	38.71	SELL	+1.6%	❌	462
07/08	39.60	BUY	-2.2%	❌	474
05/08	39.61	SELL	0.0%	✔	475
03/08	40.17	BUY	-1.4%	❌	482
13/07	46.35	SELL	-13.3%	✔	483
24/06	40.09	BUY	+15.6%	✔ 👍	419
19/06	38.91	SELL	+3.0%	❌	420
17/06	39.33	BUY	-1.1%	❌	425
15/05	44.47	SELL	-11.6%	✔	426
28/04	38.28	BUY	+16.2%	✔ 👍	367
23/04	37.27	SELL	+2.7%	❌	368
21/04	37.56	BUY	-0.8%	❌	372
14/04	37.90	SELL	-0.9%	✔	372
12/03	28.69	BUY	+32.1%	✔ 👍	282
18/02	35.85	SELL	-20.0%	✔	283
05/02	34.21	BUY	+4.8%	✔	271
29/01	35.48	SELL	-3.6%	✔	271
27/01	35.95	BUY	-1.3%	❌	275
13/01	36.03	SELL	-0.2%	✔	276
02/01	32.50	BUY	+10.9%	✔ 👍	249
22/12	32.64	SELL	-0.4%	✔	250
16/12	33.55	BUY	-2.7%	❌	257
11/12	32.07	SELL	+4.6%	❌	258
01/12	29.35	BUY	+9.3%	✔	236
27/11	27.37	SELL	+7.2%	❌	237
24/11	27.93	BUY	-2.0%	❌	242
12/11	27.77	SELL	+0.6%	❌	243
04/11	28.10	BUY	-1.2%	❌	246
31/10	28.14	SELL	-0.1%	✔	247
27/10	25.67	BUY	+9.6%	✔	225
20/10	25.78	SELL	-0.4%	✔	226
13/10	25.62	BUY	+0.6%	✔	225
29/09	26.87	SELL	-4.7%	✔	225