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 4.5% is 135.7%. This suggests Saudi Basic Industries stock is undervalued in dividend yield terms.
Price to Sales
+    Price/Sales of 1.2 [1.3].
Price to Book
+    Price to Book of 1.1 [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 74/294 in BuySellSignals' ranking of Saudi Arabian performers in the past week, a percentile ranking of 75.
+    In the past week, volume was 2.2 times average and the shares were up 2.6%. Sunday's close price is at a 1.2% premium to its 5-day Volume Weighted Average Price (VWAP) of SAR55.63.
Past Month:
+    The price increased 1.8% in the past month. The rise has been propped up by robust volume of 1.4 times average for the month.
+    The present value of SAR1,000 (PV1000) invested one month ago in Saudi Basic Industries is SAR1,018, for a capital gain of SAR18.

PV1000	1-week	1-month
2010.TASI	1,026	1,018
All Share Index (TASI)	1,010	1,054

BEARISH SIGNALS

Downtrend:
Price/Moving Average Price and MACD:
+    The Price/MAP of 0.85 for 2010 is lower than the Price/MAP for the All Share Index (TASI) of 0.96.
+    The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving Average (EMA) of 55.53 minus the 26-day EMA of 55.97 is negative suggesting a bearish signal.
+    The price to 50-day EMAP ratio is 1.0. In the past 200 days this ratio has been under 1.0 39 times suggesting downside. The 50-day EMAP has decreased to SAR57.36. A decrease is another bearish indicator.
+    The price to 200-day MAP ratio is 0.85, a bearish indicator. In the past 200 days this ratio has been under 0.85, 24 times suggesting further downside. The stock is trading below both its MAPs and the 50-day MAP of SAR57.65 is lower than the 200-day MAP of SAR66.52, a bearish indicator. The 200-day MAP has decreased to SAR66.52. A decrease is another bearish indicator.
Past Month:
+    In the past three months the stock has hit a new 52-week low ten times, pointing to a significant downtrend.
Relative Strength (6 months):
+    In the Saudi Arabian market of 304 stocks traded today, the stock has a 6-month relative strength of 44 which means it has underperformed 56.0% of the market.