8260 (TADAWUL)

8260 TADAWUL

Gulf General Cooperative Insurance

SELL

5.9200

Prev.Close

6.0100

Change

-0.0900

Change%

-1.50%

BEARISH THREE GAP UPS

Sold at

5.9800

Open

6.0100

High

6.0500

Low

5.9100

5.9200

Gain%

-1.00%

Signal History

Date	Price	Signal	Change%		SAR100⇨
03/07	5.9800	SELL	-1.0%		96
23/06	5.5900	BUY	+7.0%	✔	90
11/05	7.7800	SELL	-28.1%	✔	90
05/05	8.7500	BUY	-11.1%	❌	101
29/04	8.7700	SELL	-0.2%	✔	102
27/04	8.8900	BUY	-1.3%	❌	103
17/04	8.8300	SELL	+0.7%	❌	103
08/04	8.1800	BUY	+7.9%	✔	96
23/03	9.4900	SELL	-13.8%	✔	96
16/03	10.2400	BUY	-7.3%	❌	104
06/03	10.9300	SELL	-6.3%	✔	104
04/03	11.1600	BUY	-2.1%	❌	107
11/02	12.2800	SELL	-9.1%	✔	107
30/01	11.4500	BUY	+7.2%	✔	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 SELL. The BEARISH THREE GAP UPS pattern has finally received confirmation because the prices crossed below the confirmation level at 6.0100, and our valid average selling price now stands at 5.9800. The previous BUY signal was issued on 23/06/2025, 10 days ago, when the stock price was 5.5900. Since then, 8260 has risen by +6.98%.

Market Outlook

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 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⇨
03/07	5.9800	SELL	-1.0%		143
23/06	5.5900	BUY	+7.0%	✔	134
11/05	7.7800	SELL	-28.1%	✔	135
05/05	8.7500	BUY	-11.1%	❌	152
29/04	8.7700	SELL	-0.2%	✔	152
27/04	8.8900	BUY	-1.3%	❌	154
17/04	8.8300	SELL	+0.7%	❌	155
08/04	8.1800	BUY	+7.9%	✔	143
23/03	9.4900	SELL	-13.8%	✔	144
16/03	10.2400	BUY	-7.3%	❌	155
06/03	10.9300	SELL	-6.3%	✔	156
04/03	11.1600	BUY	-2.1%	❌	159
11/02	12.2800	SELL	-9.1%	✔	160
30/01	11.4500	BUY	+7.2%	✔	149
27/01	11.1700	SELL	+2.5%	❌	149
25/12	10.0200	BUY	+11.5%	✔ 👍	134
15/12	10.5200	SELL	-4.8%	✔	135
08/12	10.4100	BUY	+1.1%	✔	134
26/11	10.5300	SELL	-1.1%	✔	134
21/11	10.7400	BUY	-2.0%	❌	137
19/11	10.7000	SELL	+0.4%	❌	137
07/11	10.6600	BUY	+0.4%	✔	137
31/10	10.9600	SELL	-2.7%	✔	137
28/10	11.2100	BUY	-2.2%	❌	140
17/10	11.3300	SELL	-1.1%	✔	141
13/10	11.2300	BUY	+0.9%	✔	140
30/09	12.1700	SELL	-7.7%	✔	140
22/09	12.3200	BUY	-1.2%	❌	142
09/09	12.7800	SELL	-3.6%	✔	142
02/09	12.9200	BUY	-1.1%	❌	144
26/08	12.8600	SELL	+0.5%	❌	144
14/08	11.8200	BUY	+8.8%	✔	133
21/07	13.9800	SELL	-15.5%	✔	133
17/07	14.0200	BUY	-0.3%	❌	134
01/07	13.9600	SELL	+0.4%	❌	134
25/06	13.9100	BUY	+0.4%	✔	134
13/06	13.9200	SELL	-0.1%	✔	134
09/06	13.9500	BUY	-0.2%	❌	135
05/06	14.1800	SELL	-1.6%	✔	135
03/06	14.5900	BUY	-2.8%	❌	139