BULLISH SIGNALS

Undervaluation [compared with sector average]:
Dividend Yield
+    The relative yield of Saudi Basic Industries, defined by its yield of 6.7%, divided by average yield of dividend yielding stocks in the All Share Index (TASI) of 3.0% is 225.8%. This suggests Saudi Basic Industries stock is undervalued in dividend yield terms.
Price to Sales
+    Price/Sales of 1.1 [1.3].
Price to Book
+    Price to Book of 0.9 [1.1].
MCap/Total Assets
+    Tobin's Q Ratio, defined as MCap divided by Total Assets, is 0.5. Compared with the rest of the market the stock is undervalued.

Uptrend:
Relative Strength (6 months):
+    In the Saudi Arabian market of 304 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 28.3 has breached the oversold line of 30, suggesting the price decrease of 28.3% in the last 14 days is unusually high.
+    The stock is oversold according to the Williams % R indicator of -89.9, suggesting the price is close to its 14-day low of SAR50.20.


BEARISH SIGNALS

Downtrend:
Price/Moving Average Price and MACD:
+    The Price/MAP of 0.83 for 2010 is lower than the Price/MAP for the All Share Index (TASI) of 0.93.
+    The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving Average (EMA) of 51.86 minus the 26-day EMA of 53.12 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 SAR54.83. A decrease is another bearish indicator.
+    The price to 200-day MAP ratio is 0.83, a bearish indicator. In the past 200 days this ratio has been under 0.83, 20 times suggesting further downside. The stock is trading below both its MAPs and the 50-day MAP of SAR56.81 is lower than the 200-day MAP of SAR60.79, a bearish indicator. The 200-day MAP has decreased to SAR60.79. A decrease is another bearish indicator.
Past Week:
+    Saudi Basic Industries Corp. is placed 223/294 in BuySellSignals' ranking of Saudi Arabian performers in the past week, a percentile ranking of 25.
+    In the past week, volume was 0.7 times average and the shares were down 1.3%. Sunday's close price is at a 1.5% discount to its 5-day Volume Weighted Average Price (VWAP) of SAR51.31.
Past Month:
+    Falls to Rises: in the past month the number of falls outnumbered rises 13:8 or 1.6:1.
+    In the past three months the stock has hit a new 52-week low four times, pointing to a downtrend.
+    The present value of SAR1,000 (PV1000) invested one month ago in Saudi Basic Industries is SAR936, for a capital loss of SAR64.