Data News > TECOM GROUP P.J.S.C Stock Analysis: Upward Trend Continues with Positive Returns

TECOM GROUP P.J.S.C Stock Analysis: Upward Trend Continues with Positive Returns

By KlickAnalytics Data Insights  |   October 2, 2024 07:51AM ET

Pricing

The stock price of TECOM GROUP P.J.S.C. is currently at 3.25 with a 1-day change of 0.04, resulting in a 1-day return of 1.25%. The volume stands at 593716 shares. Over the past week, the stock has shown a return of 3.17%, while over the past month and 3 months, the returns have been 4.84% and 24.52% respectively. The stock has had a strong performance over the past year with a return of 18.61%.

The price rally indicates that the stock has been trading upward in the last day. The close price to open price ratio is 2.20%, showing a bullish sentiment, whereas the close price to low price ratio is 3.17%, also indicating a bullish sentiment. The 1-month high price was 3.3 which occurred 8 days ago, while the 1-month low price was 3.05, occurring 21 days ago.

The stock's current price is 1.52% lower than the 1-month high and 6.56% higher than the 1-month low. The 52-week high price was 3.3, recorded 8 days ago, and the 52-week low price was 2.49, recorded 348 days ago. The current price is 1.52% lower than the 52-week high and 30.52% higher than the 52-week low.

The historical returns for the stock over various periods are as follows: 1-Day 1.25%, 1-Week 3.17%, 1-Month 4.84%, 3-Months 24.52%, 6-Months 20.37%, Year-to-date 19.05%, 1-Year 18.61%. The historical relative volume for different periods is also provided.

Technical Indicators

The technical indicators suggest a positive outlook for TECOM GROUP P.J.S.C. The stock has shown an upward trend with SMA10 consistently higher than SMA20, SMA50, SMA100, and SMA200. The short term, medium term, and long term indicators all point towards an upward trend.

The 5-days Simple Moving Average signal is BUY, along with the 10-days, 20-days, 50-days, 100-days, and 200-days SMAs. The close price is higher than the SMA values for various periods, indicating a positive momentum for the stock.

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