BULLISH SIGNALS

Undervaluation [compared with sector average]:
Dividend Yield
+    The relative yield of Saudi Basic Industries, defined by its yield of 3.1%, divided by average yield of dividend yielding stocks in the All Share Index (TASI) of 2.6% is 118.5%. This suggests Saudi Basic Industries stock is undervalued in dividend yield terms.
Price to Sales
+    Price/Sales of 1.2 [1.4].
Price to Book
+    Price to Book of 1 [1.2].
MCap/Total Assets
+    Tobin's Q Ratio, defined as MCap divided by Total Assets, is 0.6. Compared with the rest of the market the stock is undervalued.

Uptrend:
Past Week:
+    Saudi Basic Industries Corp. is placed 60/300 in BuySellSignals' ranking of Saudi Arabian performers in the past week, a percentile ranking of 80.
+    In the past week, volume was 1.3 times average and the shares were up 2.0%. Thursday's close price is at a 2.9% premium to its 5-day Volume Weighted Average Price (VWAP) of SAR53.74.


BEARISH SIGNALS

Downtrend:
Price/Moving Average Price and MACD:
+    The Price/MAP of 0.93 for 2010 is lower than the Price/MAP for the All Share Index (TASI) of 1.02.
+    The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving Average (EMA) of 54.7 minus the 26-day EMA of 55.06 is negative suggesting a bearish signal.
+    The price to 200-day MAP ratio is 0.93, a bearish indicator. In the past 200 days this ratio has been under 0.93, 125 times suggesting further downside. The stock is trading below both its MAPs and the 50-day MAP of SAR56.51 is lower than the 200-day MAP of SAR59.68, a bearish indicator. The 200-day MAP has decreased to SAR59.68. A decrease is another bearish indicator.
Past Month:
+    The price fallen 0.1% in the past month. The fall was on volume of 1.1 times average for month.
Relative Strength (6 months):
+    In the Saudi Arabian market of 307 stocks traded today, the stock has a 6-month relative strength of 69 which means it has outperformed 69% of the market.