BULLISH SIGNALS

Undervaluation [compared with sector average]:
Price to Sales
+    Price/Sales of 1.2 [2.4]. We estimate Saudi Basic Industries Corp. stock is trading at a current year Price/Sales of 1.2 and a forward year Price/Sales of 1.3.
Price to Book
+    Price to Book of 1 [1.7]. We estimate Saudi Basic Industries Corp. stock is trading at a current year Price to Book of 1.1 and a forward year Price to Book of 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.

Oversold/Bullish Signals:
+    The Relative Strength Index (RSI) of 14.8 has breached the oversold line of 30, suggesting the price decrease of 14.8% in the last 14 days is unusually high.
+    The stock is oversold according to the Williams % R indicator of -97.1, suggesting the price is close to its 14-day low of SAR45.70.
+    The Money Flow Index [MFI] is 8.7 suggesting an oversold 14-day trend, being under 20. The Money Ratio of 0.1 suggests positive money flow was 0.1 times negative money flow.


BEARISH SIGNALS

Downtrend:
Price/Moving Average Price and MACD:
+    The Price/MAP of 0.81 for 2010 is lower than the Price/MAP for the All Share Index (TASI) of 0.98.
+    The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving Average (EMA) of 47.27 minus the 26-day EMA of 48.24 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 SAR49.60. A decrease is another bearish indicator.
+    The stock is trading below both its MAPs and the 50-day MAP of SAR51.10 is lower than the 200-day MAP of SAR56.59, a bearish indicator. The 200-day MAP has decreased to SAR56.59. A decrease is another bearish indicator.
Past Week:
+    Saudi Basic Industries Corp. is placed 149/282 in BuySellSignals' ranking of Saudi Arabian performers in the past week, a percentile ranking of 47.
+    In the past week, volume was 0.7 times average and the shares were down 2.9%. Thursday's close price is at a 1.5% discount to its 5-day Volume Weighted Average Price (VWAP) of SAR46.53.
Past Month:
+    Falls to Rises: in the past month the number of falls outnumbered rises 16:6 or 2.7:1.
+    The present value of SAR1,000 (PV1000) invested one month ago in Saudi Basic Industries Corp. is SAR915, for a capital loss of SAR85.

Relative Strength (6 months):
+    In the Saudi Arabian market of 297 stocks traded today, the stock has a 6-month relative strength of 20 indicating it is trailing 80.0% of the market.