BULLISH SIGNALS

Undervaluation [compared with sector average]:
Price/Earnings
+    Price/Earnings of 14.5 [19.4].
Price to Sales
+    Price/Sales of 3.4 [4.1].
Price to Book
+    Price to Book of 2.5 [3.0].
MCap/Total Assets
+    Tobin's Q Ratio, defined as MCap divided by Total Assets, is 1.2. Compared with the rest of the market the stock is undervalued.

Undervaluation Indicators and rank of Saudi Arabian Mining in the Saudi Arabian market:

DescriptionValueRank In Market
Price/Earnings14.5In Top 17%
Price/Earnings/Growth0.18In Top 21%

Uptrend:
Price/Moving Average Price and MACD:
+    The Price/MAP of 1.04 for 1211 is higher than the Price/MAP for the All Share Index (TASI) of 0.97.
+    The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving Average (EMA) of 52.45 minus the 26-day EMA of 51.64 is positive suggesting a bullish signal. Both the 12-day EMA as well as the 26-day EMA are rising, another bullish signal.
+    The price to 50-day EMAP ratio is 1.1, a bullish indicator. In the past 50 days this ratio has exceeded 1.1, nine times suggesting further upside. The 50-day EMAP has increased to SAR50.39. An increase is another bullish indicator.
+    The price to 200-day MAP ratio is 1.04, a bullish indicator. The stock is trading above both its MAPs of SAR52.95 for the 200-day MAP and SAR50.77 for the 50-day MAP, a bullish indicator. The 200-day MAP has increased to SAR52.95. An increase is another bullish indicator.
Past Month:
+    The price climbed 3.4% in the past month. The rise has been propped up by robust volume of 1.4 times average for the month.
Relative Strength (6 months):
+    In the Saudi Arabian market of 269 stocks traded today, the stock has a 6-month relative strength of 74 indicating it has outperformed 74% of the market.

High Price Performance Indicators and rank of Saudi Arabian Mining in the Saudi Arabian market:

DescriptionValueRank In Market
Today's Trading TurnoverSAR290.5 million ($77.5 million)In Top 3%
MCapSAR135.4 billionIn Top 4%


BEARISH SIGNALS

Low Price Performance Indicator and rank of Saudi Arabian Mining in the Saudi Arabian market:

DescriptionValueRank In Market
Volatility %5.0In Bottom 14%

Overbought/Bearish/Resistance Signals:
+    At SAR55.0 the price has risen above the upper Bollinger band resistance of SAR54.98, indicating a downside risk for it to fall back within the band.
+    The stock is overbought according to the Williams % R indicator of -17.8, suggesting the price is close to its 14-day high of SAR56.40.
+    The Stochastic indicator of 82.9 has broken through the overbought line of 80; this indicates the price is close to its 14-day high and is likely to revert to a downtrend.