BULLISH SIGNALS

Undervaluation [compared with sector average]:
Dividend Yield
+    The relative yield of Saudi Basic Industries, defined by its yield of 6%, divided by average yield of dividend yielding stocks in the All Share Index (TASI) of 2.8% is 217.0%. 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 [1.3].
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:
Relative Strength (6 months):
+    In the Saudi Arabian market of 301 stocks traded today, the stock has a 6-month relative strength of 74 indicating it has outperformed 74% of the market.

Oversold/Bullish Signals:
+    The Relative Strength Index (RSI) of 20.1 has breached the oversold line of 30, suggesting the price decrease of 20.1% in the last 14 days is unusually high.
+    The stock is oversold according to the Williams % R indicator of -88.2, suggesting the price is close to its 14-day low of SAR56.20.


BEARISH SIGNALS

Downtrend:
Price/Moving Average Price and MACD:
+    The Price/MAP of 0.91 for 2010 is lower than the Price/MAP for the All Share Index (TASI) of 1.0.
+    The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving Average (EMA) of 57.65 minus the 26-day EMA of 58.8 is negative suggesting a bearish signal. Both the 12-day EMA as well as the 26-day EMA are falling, another bearish signal.
+    The price to 50-day EMAP ratio is 0.9, a bearish indicator. The 50-day EMAP has decreased to SAR59.43. A decrease is another bearish indicator.
+    The price to 200-day MAP ratio is 0.91, a bearish indicator. In the past 200 days this ratio has been under 0.91, 106 times suggesting further downside. The stock is trading below both its MAPs and the 50-day MAP of SAR59.95 is lower than the 200-day MAP of SAR62.04, a bearish indicator. The 200-day MAP has decreased to SAR62.04. A decrease is another bearish indicator.
Past Week:
+    In the past week, volume was 0.5 times average and the shares were down 1.8%. Wednesday's close price is at a 0.2% discount to its 5-day Volume Weighted Average Price (VWAP) of SAR56.87.
Past Month:
+    The present value of SAR1,000 (PV1000) invested one month ago in Saudi Basic Industries is SAR919, for a capital loss of SAR81.