BULLISH SIGNALS

Undervaluation [compared with sector average]:
Dividend Yield
+    The relative yield of Saudi Basic Industries, defined by its yield of 6.2%, divided by average yield of dividend yielding stocks in the All Share Index (TASI) of 2.9% is 213.4%. 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 [1.2].
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:
Rising Relative Strength (1mo, 3 mo):
+    In the Saudi Arabian market of 302 stocks traded today, the stock has a 6-month relative strength of 80 indicating it has outperformed 80% of the market.
+    Also, the relative strength percentile is Rising at 41 for 3 months and 54 for 1 month.

Oversold/Bullish Signals:
+    The Stochastic indicator of 14.8 has pierced the oversold line of 20; this indicates the price is close to its 14-day low and is likely to revert to an uptrend.


BEARISH SIGNALS

Downtrend:
Price/Moving Average Price and MACD:
+    The Price/MAP of 0.89 for 2010 is lower than the Price/MAP for the All Share Index (TASI) of 0.95.
+    The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving Average (EMA) of 55.53 minus the 26-day EMA of 56.86 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. In the past 50 days this ratio has been under 0.9 just six times suggesting a support level. The 50-day EMAP has decreased to SAR58.05. A decrease is another bearish indicator.
+    The price to 200-day MAP ratio is 0.89, a bearish indicator. In the past 200 days this ratio has been under 0.89, 81 times suggesting further downside. The stock is trading below both its MAPs and the 50-day MAP of SAR59.10 is lower than the 200-day MAP of SAR61.72, a bearish indicator. The 200-day MAP has decreased to SAR61.72. A decrease is another bearish indicator.
Past Week:
+    In the past week, volume was 0.6 times average and the shares were down 1.4%.
Past Month:
+    The present value of SAR1,000 (PV1000) invested one month ago in Saudi Basic Industries is SAR900, for a capital loss of SAR100.