BULLISH SIGNALS

Undervaluation [compared with sector average]:
Price to Sales
+    Price/Sales of 1.3 [1.4].
Price to Book
+    Price to Book of 1.1 [1.3].
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:
Price/Moving Average Price and MACD:
+    The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving Average (EMA) of 59.36 minus the 26-day EMA of 59.09 is positive suggesting a bullish signal. Both the 12-day EMA as well as the 26-day EMA are rising, another bullish signal.
+    The price to 50-day EMAP ratio is 1.0, a bullish indicator. In the past 50 days this ratio has exceeded 1.0, 17 times suggesting further upside. The 50-day EMAP has increased to SAR58.45. An increase is another bullish indicator.

Oversold/Bullish Signals:
+    The Stochastic indicator of 20.0 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

Overvaluation [compared with sector average]:
Dividend Yield
+    The relative yield of Saudi Basic Industries, defined by its yield of 2.9%, divided by average yield of dividend yielding stocks in the All Share Index (TASI) of 3.1% is 90.8%. This suggests Saudi Basic Industries stock is overvalued in dividend yield terms.

Downtrend:
Price/Moving Average Price:
+    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, 175 times suggesting further downside. The 50-day MAP of SAR57.66 is lower than the 200-day MAP of SAR63.14, a bearish indicator. The 200-day MAP has decreased to SAR63.14. A decrease is another bearish indicator.
Past Month:
+    In the past three months the stock has hit a new 52-week low once.
Relative Strength (6 months):
+    In the Saudi Arabian market of 302 stocks traded today, the stock has a 6-month relative strength of 68 which means it has outperformed 68% of the market.