BULLISH SIGNALS

Undervaluation [compared with sector average]:
Dividend Yield
+    The relative yield of Saudi Basic Industries Corp., defined by its yield of 5.7%, divided by average yield of dividend yielding stocks in the All Share Index (TASI) of 2.7% is 210.0%. This suggests Saudi Basic Industries Corp. stock is undervalued in dividend yield terms.
Price to Sales
+    Price/Sales of 1.4 [1.7]. We estimate Saudi Basic Industries Corp. stock is trading at a current year Price/Sales of 1.5 and a forward year Price/Sales of 1.6.
Price to Book
+    Price to Book of 1.3 [1.5]. We estimate Saudi Basic Industries Corp. stock is trading at a current year Price to Book of 1.3 and a forward year Price to Book of 1.4.
MCap/Total Assets
+    Tobin's Q Ratio, defined as MCap divided by Total Assets, is 0.7. Compared with the rest of the market the stock is undervalued.

Uptrend:
Past Month:
+    In the past three months the stock has hit a new 52-week high once.
Relative Strength (6 months):
+    In the Saudi Arabian market of 305 stocks traded today, the stock has a 6-month relative strength of 72 indicating it has outperformed 72% of the market.

Oversold/Bullish Signals:
+    The stock is oversold according to the Williams % R indicator of -90.8, suggesting the price is close to its 14-day low of SAR55.70.


BEARISH SIGNALS

Downtrend:
Price/Moving Average Price and MACD:
+    The Price/MAP of 0.94 for 2010 is lower than the Price/MAP for the All Share Index (TASI) of 1.06.
+    The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving Average (EMA) of 57.82 minus the 26-day EMA of 58.64 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 1.0. In the past 50 days this ratio has been under 1.0 just once suggesting a support level. The 50-day EMAP has decreased to SAR58.58. A decrease is another bearish indicator.
+    The price to 200-day MAP ratio is 0.94, a bearish indicator. In the past 200 days this ratio has been under 0.94, 88 times suggesting further downside. The stock is trading below both its MAPs and the 50-day MAP of SAR59.23 is lower than the 200-day MAP of SAR59.55, a bearish indicator. The 200-day MAP has decreased to SAR59.55. A decrease is another bearish indicator.
Past Month:
+    Falls to Rises: in the past month the number of falls outnumbered rises 12:6 or 2:1.