Islamic Arab Insurance Company PJSC: Stock Analysis and Technical Indicators
By KlickAnalytics Data Insights | January 10, 2025 07:48AM ET
Pricing
Islamic Arab Insurance Company PJSC is currently trading at a price of 0.42, with a 1-day change of 0.01, resulting in a 1-day return of 1.21%. The stock has a trading volume of 2,491,190 shares. In the past week, the stock has shown a return of 2.44% and over the past month, it has experienced a return of -2.33%. However, over the last 3 months, the stock has seen a significant return of 13.51%. The 1-year return stands at -27.59%.
The stock is currently not experiencing any price rally for the last 1 day. The close price to the open price shows a neutral sentiment, while the close price to the low price indicates a bullish sentiment at 2.44%. Additionally, the close price to the previous day open also reflects a bullish sentiment at 2.44%.
Over the last month, the stock reached a high price of 0.45 on 2024-12-09 and a low price of 0.4 on 2024-12-16. The current price is -6.67% lower than the 1-month high price and 5.00% higher than the 1-month low price. Similarly, the stock's 52-week high price was 0.6 on 2024-01-10, and the 52-week low price was 0.35 on 2024-03-15. The current price is -30.00% below the 52-week high and 20.00% above the 52-week low.
The historical returns for the stock are as follows: 1-Day 1.21%, 1-Week 2.44%, 1-Month -2.33%, 3-Months 13.51%, 6-Months 16.67%, Year-to-date 2.44%, 1-Year -27.59%. The historical relative volume ratios are: 1-Week 1.16x, 1-Month 1.00x, 3-Months 0.77x, 6-Months 0.95x, Year-to-date 1.15x, 1-Year 0.82x.
Furthermore, the stock's 1-month high volume was 6,105,177 on 2024-12-31, and the low volume was 600,382 on 2024-12-25. The current volume is -59.20% lower than the 1-month high volume and 314.93% higher than the 1-month low volume.
Technical Indicators
The technical indicators for Islamic Arab Insurance Company PJSC show a positive trend. The stock has exhibited an upward movement in the short term, medium term, and long term. The SMA10 is greater than SMA20, SMA50, SMA100, and SMA200, indicating a strong upward trend. However, the upcoming trend analysis shows that SMA10 is not greater than SMA50 and SMA20.
The simple moving averages for the stock are as follows: SMA5 (0.41) - BUY, SMA10 (0.42) - BUY, SMA20 (0.41) - BUY, SMA50 (0.40) - BUY, SMA100 (0.39) - BUY, SMA200 (0.38) - BUY. The close price compared to the various SMAs indicates positive percentages, with the stock performing well above the moving averages.