Data News > RAK Co. for White Cement & Construction Materials Shows Positive Momentum

RAK Co. for White Cement & Construction Materials Shows Positive Momentum

By KlickAnalytics Data Insights  |   January 10, 2025 08:05AM ET

Pricing

RAK Co. for White Cement & Construction Materials has been making waves in the market recently. The current price of the stock is 1.19, with a 1-day change of 0.03, resulting in a 1-day return of 2.59%. The stock had a trading volume of 500. Over the 1-week period, the return was stable at 0.0%. However, over the past 3 months, the stock has shown a significant positive return of 8.181818%. The 1-year return stands at an impressive 10.185185%.

Price Rally: The stock has been on an upward trend for the last 1 day, showing positive momentum. The close price compared to the open price indicates a neutral sentiment, with no significant change in sentiment towards the stock. The stock's 52-week high price was 1.4 on 2024-11-06, occurring 65 days ago, while the 52-week low price was 0.97 on 2024-05-24, occurring 231 days ago. The current price is 22.68% higher than the 52-week low price.

Historical Returns (%): Over different time frames, the stock has shown positive returns, with 1-week at 0.00%, 3-months at 8.18%, year-to-date at 1.71%, and 1-year return at 10.19%. The historical relative volume has also been consistent, with values of 0.05x for 1-week, 0.00x for 3-months, 0.04x year-to-date, and 0.00x for 1-year.

Technical Indicators

The technical indicators for RAK Co. for White Cement & Construction Materials are looking bullish. The stock is showing positive signals across different moving averages, with SMA10 > SMA20, SMA10 > SMA20 > SMA50, SMA10 > SMA20 > SMA50 > SMA100, and SMA10 > SMA20 > SMA50 > SMA100 > SMA200. However, the upcoming trend indicator, SMA10 > SMA50 > SMA20, is not currently met.

The stock's close price compared to various SMA signals indicates positive momentum, with close price vs SMA5 at 1.54%, close price vs SMA10 at 1.52%, close price vs SMA20 at 2.41%, close price vs SMA50 at 3.16%, close price vs SMA100 at 6.04%, and close price vs SMA200 at 7.50%.

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