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Chemical

الكيميائية
2230 Main Market Shariah Compliant Buy
8.54 SAR
+0.12 (+1.43%)
Market Cap 7.20B SAR
Volume 11.32M shares
P/E Ratio 21.40
Dividend Yield 1.19%
52-Week Range Materials
6.06
8.89
Last Updated: May 11, 2026 Confidence: 75%

Technical Analysis & Signals

Buy
Confidence 75%

The chemical stock shows an upward trend with positive signals in technical analysis.

Support 8.28 SAR
Resistance 8.65 SAR
Short-term (1-2 weeks) 8.70 SAR
Medium-term (1-3 months) 9.00 SAR
Risk Score
4/10 Medium
Technical Analysis

The chemical stock (2230.SR) shows a clear upward trend, currently trading at 8.54 SAR. Indicators like RSI and ADX suggest strength in the upward trend, which may enhance the chances of continued rise.

Support & Resistance Levels

The main support level for the stock is 8.28 SAR, while the resistance level is at 8.65 SAR. A breakout above the resistance level is expected to signal the continuation of the upward trend.

Volume Analysis

Volume analysis indicates notable trading activity in the stock, reflecting investor interest. This activity may enhance the chances of future gains.

Fundamental Factors

Fundamental factors for the stock show a price-to-earnings (P/E) ratio at 21.4 and a dividend yield of 1.19%. These figures may indicate a reasonable valuation for the stock under current market conditions.

Risk Factors

Potential risks include market volatility and fluctuations in raw material prices. It is important to monitor these factors as they may significantly impact the stock's performance.

Recommendation

Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Based on technical analysis, there may be a buying opportunity, but investors should conduct their own research.

Analyzed: May 11, 2026, 4:36 PM Rule-based analysis

Automated analysis is based on historical data and technical indicators and may not reflect future market conditions.

Financial Fundamentals

Market Cap 7.20B
P/E Ratio 21.40
P/B Ratio 3.00
EPS 0.40
Dividend Yield 1.19%
Dividend/Share 0.10
ROE 20.00%
Debt/Equity 0.49
Free Float 88.33%
Shares Outstanding 843.20M

Price Data

52-Week High 8.89
52-Week Low 6.06
3-Month High 8.84
3-Month Low 6.81
Open 8.42
Day's High 8.69
Day's Low 8.37
Previous Close 8.42

Price Chart - Chemical

2230

Technical Analysis

Current Price: 8.54 SAR
Overall Technical Signal Bullish Signal
6 Bullish 2 Neutral 1 Bearish

Moving Averages

SMA 20 8.28 SAR
Bullish
SMA 50 7.82 SAR
Bullish
SMA 200 7.32 SAR
Bullish
EMA 12 8.31 SAR
Bullish
EMA 26 8.17 SAR
Bullish
Current Price 8.54 SAR — Price above average = Bullish

Momentum Indicators

RSI 14
59.30 Neutral
Oversold (<30) Neutral Overbought (>70)
MACD Bearish
MACD 0.141
Signal 0.154
Histogram -0.013

Bollinger Bands

Within Band
Upper Band 8.65 SAR
Middle Band 8.28 SAR
Lower Band 7.92 SAR
Price position within band
Lower Band Upper Band
Average True Range (ATR) 0.21 SAR

Trend Strength (ADX)

Moderate Trend
24.0
Weak (<20) Moderate Strong (>40)
+DI (Bullish) 33.40
-DI (Bearish) 17.70
Dominant Trend: Bullish
On-Balance Volume (OBV) 123.19M shares

Financial Summary

Chemical

Valuation

Market Cap
7.20B
P/E Ratio
21.40
P/B Ratio
3.00
EPS (Earnings/Share)
0.40

Profitability

Revenue
6.88B
Net Income
335.32M
Return on Equity (ROE)
+20.00%
Shares Outstanding
843.20M

Balance Sheet

Total Assets
N/A
Total Debt
1.18B
Debt/Equity
0.49
Free Float %
+88.3%

Dividends & Margins

Dividend Yield
+1.19%
Dividend/Share
0.10
Book Value
2.85

Financial data extracted from published quarterly reports. All values in SAR unless otherwise stated.

Historical Financial Data

5 years
Year RevenueNet IncomeTotal AssetsTotal DebtEPS
2025
6.88B +7.9%
335.32M +15.1%
6.24B -0.4%
1.18B -25.4%
0.40 +14.3%
2024
6.38B +31.3%
291.24M +59.2%
6.26B +27.6%
1.59B +29.4%
0.35 +59.1%
2023
4.85B +31.4%
182.89M +128.0%
4.91B +5.8%
1.23B -18.6%
0.22 +120.0%
2022
3.70B
80.22M
4.64B
1.51B
0.10
2021

Historical data sourced from Yahoo Finance and may differ from official audited financial reports.

Price Forecast

Buy
Buy
Confidence
75%
Price Range
Medium Target 9.00 +5.39%
Short Target 8.70 +1.87%
Resistance 8.65 +1.29%
Current Price 8.54
Support 8.28 -3.04%
Short-term Target 1-3 months
8.70 +1.87%
Medium-term Target 3-6 months
9.00 +5.39%
Upside +5.4%
Downside -3.0%
Risk/Reward Ratio Acceptable
1.77 : 1

These forecasts are based on technical analysis and AI and do not constitute investment advice. Past performance does not guarantee future results.

Sector Comparison

Materials

Dividend History

Chemical
Annual Total per Share
2025
0.05
0.6%
2024
0.05
0.6%
2023
0.05
0.6%
2022
0.05
0.6%
2021
0.05
0.6%
Amount per share Yield %
Recent Payments
May 2025 0.05
January 2024 0.05
January 2023 0.05
January 2022 0.05
May 2021 0.05
December 2018 0.09
December 2017 0.07
August 2017 0.07
April 2017 0.11
December 2016 0.11

Dividend data from Tadawul records. All amounts in SAR. Estimated yield calculated based on year-end price.

Ownership Structure

Locked Ownership11.67%
Free Float88.33%

Data source: Yahoo FinanceLast updated: 2026-05-11

Risk Assessment

Low
Low 3
Medium 2
High 0

Risk Factors

Low Volatility Low

Average True Range 2.5% of stock price

Good Liquidity Low

Trading volume near or above average

!
Fair Valuation Medium

P/E ratio 21.4

Low Debt Low

Debt-to-equity ratio 0.49

!
Moderate Trend Medium

ADX indicator at 24

Low

Stable fundamentals, low volatility, and good financial solvency

Confidence Level 75%
Analysis Signal Buy

This assessment is automated based on quantitative data and does not constitute investment advice. Please consult a licensed financial advisor before making investment decisions.

FAQ

6 question
1 What is Chemical stock price today?

Chemical (2230) stock price today is 8.54 SAR, gaining by +1.43% compared to the previous session close. The 52-week price range is between 6.06 SAR and 8.89 SAR.

2 What is Chemical stock valuation?

The automated analysis signal for Chemical is "Buy" with 75% confidence. The P/E ratio is 21.4. The P/B ratio is 3.00.

3 Is Chemical Shariah-compliant?

Yes, Chemical (2230) is Shariah-compliant according to the latest lists approved by relevant Shariah authorities.

4 What are Chemical dividend distributions?

Chemical has a dividend yield of 1.19%, with an estimated annual dividend of 0.10 SAR per share.

5 What is Chemical weekly performance?

Chemical performance over different time periods: weekly change +0.47%, monthly +8.93%, and year-to-date +30.78%. The stock is currently trading with a volume of 11,315,770 shares.

6 What is the target level for Chemical?

According to automated analysis for Chemical: Short-term target (1-2 weeks): 8.70 SAR. Medium-term target (1-3 months): 9.00 SAR. Support level: 8.28 SAR. Resistance level: 8.65 SAR. Note: These are automated analytical levels and do not constitute investment advice.

Disclaimer

The information provided on this page is for educational and analytical purposes only and does not constitute investment advice or a recommendation to buy or sell. Past performance does not guarantee future results. All investments involve risk including loss of capital. Please consult a licensed financial advisor before making any investment decisions.

Automated analysis relies on historical data and technical indicators and may not reflect future market conditions.