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TADAWUL
DFM-ADX
BOURSA KUWAIT
QE
EGX
Index
fx
2370
TADAWUL
Middle East Specialized Cables
STAY IN CASH
Close
28.80
Prev.Close
29.32
Change
-0.5200
Change%
-1.77%
BULLISH DESCENT BLOCK
Sold at
29.91
Open
29.40
High
29.62
Low
28.64
Close
28.80
Gain%
-3.71%
Signal History
6 mo.
6 mo.
24 mo.
24 mo.
Date
Price
Signal
Change%
SAR100⇨
08/09
29.91
SELL
-3.7%
✔
93
04/09
30.66
BUY
-2.4%
❌
95
31/08
31.64
SELL
-3.1%
✔
95
27/08
32.34
BUY
-2.2%
❌
98
11/08
33.63
SELL
-3.8%
✔
98
07/08
34.38
BUY
-2.2%
❌
100
03/08
33.31
SELL
+3.2%
❌
100
23/07
32.92
BUY
+1.2%
✔
99
20/07
31.74
SELL
+3.7%
❌
100
10/07
32.92
BUY
-3.6%
❌
104
30/06
33.45
SELL
-1.6%
✔
104
23/06
29.63
BUY
+12.9%
✔ 👍
92
12/06
31.16
SELL
-4.9%
✔
92
29/05
30.43
BUY
+2.4%
✔
90
21/05
31.56
SELL
-3.6%
✔
90
13/05
33.55
BUY
-5.9%
❌
96
11/05
33.39
SELL
+0.5%
❌
97
07/05
35.65
BUY
-6.3%
❌
103
30/04
35.74
SELL
-0.3%
✔
104
27/04
35.60
BUY
+0.4%
✔
103
22/04
35.35
SELL
+0.7%
❌
104
13/04
35.10
BUY
+0.7%
✔
103
18/03
39.33
SELL
-10.8%
✔
103
12/03
37.96
BUY
+3.6%
✔
100
† Trade commissions are taken as 0.20%.
Date
Price
Signal
Change%
SAR100⇨
08/09
29.91
SELL
-3.7%
✔
271
04/09
30.66
BUY
-2.4%
❌
278
31/08
31.64
SELL
-3.1%
✔
279
27/08
32.34
BUY
-2.2%
❌
285
11/08
33.63
SELL
-3.8%
✔
286
07/08
34.38
BUY
-2.2%
❌
293
03/08
33.31
SELL
+3.2%
❌
293
23/07
32.92
BUY
+1.2%
✔
291
20/07
31.74
SELL
+3.7%
❌
291
10/07
32.92
BUY
-3.6%
❌
303
30/06
33.45
SELL
-1.6%
✔
303
23/06
29.63
BUY
+12.9%
✔ 👍
269
12/06
31.16
SELL
-4.9%
✔
270
29/05
30.43
BUY
+2.4%
✔
264
21/05
31.56
SELL
-3.6%
✔
264
13/05
33.55
BUY
-5.9%
❌
282
11/05
33.39
SELL
+0.5%
❌
282
07/05
35.65
BUY
-6.3%
❌
302
30/04
35.74
SELL
-0.3%
✔
303
27/04
35.60
BUY
+0.4%
✔
302
22/04
35.35
SELL
+0.7%
❌
303
13/04
35.10
BUY
+0.7%
✔
301
18/03
39.33
SELL
-10.8%
✔
302
12/03
37.96
BUY
+3.6%
✔
292
03/03
38.88
SELL
-2.4%
✔
292
26/02
38.76
BUY
+0.3%
✔
292
18/02
42.52
SELL
-8.8%
✔
293
16/02
43.80
BUY
-2.9%
❌
302
23/01
46.43
SELL
-5.7%
✔
303
12/01
44.19
BUY
+5.1%
✔
289
02/01
42.45
SELL
+4.1%
❌
289
30/12
41.68
BUY
+1.8%
✔
284
25/12
41.15
SELL
+1.3%
❌
285
15/12
40.55
BUY
+1.5%
✔
281
11/12
39.96
SELL
+1.5%
❌
282
28/11
37.91
BUY
+5.4%
✔
268
25/11
37.24
SELL
+1.8%
❌
269
17/11
37.46
BUY
-0.6%
❌
271
24/10
39.93
SELL
-6.2%
✔
271
14/10
40.77
BUY
-2.1%
❌
278
03/10
39.73
SELL
+2.6%
❌
278
01/10
39.19
BUY
+1.4%
✔
275
22/09
38.78
SELL
+1.0%
❌
275
18/09
38.97
BUY
-0.5%
❌
277
15/09
39.63
SELL
-1.7%
✔
278
11/09
40.01
BUY
-0.9%
❌
281
05/09
38.48
SELL
+4.0%
❌
282
29/08
34.65
BUY
+11.1%
✔ 👍
254
26/08
33.56
SELL
+3.2%
❌
255
14/08
30.90
BUY
+8.6%
✔
235
11/08
31.51
SELL
-1.9%
✔
235
07/08
32.19
BUY
-2.1%
❌
241
04/08
33.65
SELL
-4.3%
✔
241
31/07
35.50
BUY
-5.2%
❌
255
22/07
36.39
SELL
-2.4%
✔
256
02/07
32.99
BUY
+10.3%
✔ 👍
232
27/06
31.50
SELL
+4.7%
❌
233
24/06
30.83
BUY
+2.2%
✔
228
05/06
31.61
SELL
-2.5%
✔
229
23/05
32.03
BUY
-1.3%
❌
232
09/05
33.86
SELL
-5.4%
✔
233
28/04
31.66
BUY
+7.0%
✔
218
24/04
31.51
SELL
+0.5%
❌
218
02/04
28.12
BUY
+12.1%
✔ 👍
195
25/03
31.12
SELL
-9.6%
✔
196
13/03
25.56
BUY
+21.8%
✔ 👍
161
07/03
24.90
SELL
+2.7%
❌
161
06/02
20.89
BUY
+19.2%
✔ 👍
136
23/01
21.25
SELL
-1.7%
✔
136
16/01
21.36
BUY
-0.5%
❌
137
03/01
22.24
SELL
-4.0%
✔
137
20/12
20.47
BUY
+8.6%
✔
127
18/12
20.41
SELL
+0.3%
❌
127
13/12
20.51
BUY
-0.5%
❌
128
11/12
20.03
SELL
+2.4%
❌
128
03/12
18.44
BUY
+8.6%
✔
118
19/11
18.38
SELL
+0.3%
❌
118
29/10
15.14
BUY
+21.4%
✔ 👍
98
04/10
17.92
SELL
-15.5%
✔
98
27/09
18.08
BUY
-0.9%
❌
99
21/09
18.60
SELL
-2.8%
✔
99
19/09
18.70
BUY
-0.5%
❌
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
STAY IN CASH
. The previous
SELL
signal was issued on 08/09/2025, 3 days ago, when the stock price was 29.91. Since then,
2370
has fallen by
-3.71%
.
Market Outlook
The bears have taken full control of the market. The current price is considerably distant from the confirmation level, significantly lowering the probability of a bullish confirmation. Besides, the signal is suggesting to
STAY IN CASH
. It's prudent to follow the signal and patiently wait on the sidelines. The Delayed Intraday Module is OFF.
Pattern Description
This pattern consists of three consecutive black candlesticks, each closing lower than the previous one in a downtrend. It is the counterpart of the Bearish Advanced Block Pattern.
more...
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