SADECO
الشرقية للتنميةTechnical Analysis & Signals
Al Sharqiya Development stock is trading in a narrow range with a sideways trend, indicating uncertainty in the Saudi market.
Technical Analysis
The stock is currently trading at 12.4 SAR, with the Relative Strength Index (RSI) at 45.7 indicating a balance between buyers and sellers. The stock is expected to continue moving within a sideways range due to the current lack of momentum.
Support & Resistance Levels
The main support level for the stock is 11.89 SAR, while the resistance level is at 12.65 SAR. The stock may attempt to test the resistance levels if it experiences an improvement in momentum.
Volume Analysis
The current trading volume does not show strong signals supporting price movement, which may indicate a lack of confidence among investors. An increase in trading volume may be required to support any future price movements.
Fundamental Factors
The stock does not show a Price-to-Earnings (P/E) ratio or dividend yield, which may reflect a lack of clear profits or distributions for investors. These factors may impact the stock's attractiveness in the market.
Risk Factors
Potential risks include weak momentum in the market, which could lead to price volatility. Additionally, the sideways trend may indicate uncertainty that could affect investor decisions.
Recommendation
Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Investors are advised to closely monitor the market before making any investment decisions.
Automated analysis is based on historical data and technical indicators and may not reflect future market conditions.
Financial Fundamentals
Price Data
Price Chart - SADECO
6060Technical Analysis
Moving Averages
Momentum Indicators
Bollinger Bands
Within BandTrend Strength (ADX)
Weak TrendFinancial Summary
Valuation
- Market Cap
- 372.00M
- P/E Ratio
- N/A
- P/B Ratio
- 1.10
- EPS (Earnings/Share)
- -0.62
Profitability
- Revenue
- 235.96M
- Net Income
- -8.29M
- Return on Equity (ROE)
- 0.00%
- Shares Outstanding
- 30.00M
Balance Sheet
- Total Assets
- N/A
- Total Debt
- 18.79M
- Debt/Equity
- 5.36
- Free Float %
- +95.0%
Dividends & Margins
- Dividend Yield
- 0.00%
- Dividend/Share
- 0.00
- Book Value
- 11.27
Financial data extracted from published quarterly reports. All values in SAR unless otherwise stated.
Historical Financial Data
4 years| Year | Revenue | Net Income | Total Assets | Total Debt | EPS |
|---|---|---|---|---|---|
| 2024 | 85.82M | -4.17M -2143.0% | 428.41M +8.4% | 723.64K -32.6% | -0.14 -1300.0% |
| 2023 | 0 | -185.74K +94.2% | 395.08M +114.1% | 1.07M -93.6% | -0.01 +90.9% |
| 2022 | 0 | -3.20M -1246.9% | 184.57M -0.1% | 16.75M +67.5% | -0.11 -1000.0% |
| 2021 | 0 | -237.36K | 184.84M | 10.00M | -0.01 |
Historical data sourced from Yahoo Finance and may differ from official audited financial reports.
Price Forecast
These forecasts are based on technical analysis and AI and do not constitute investment advice. Past performance does not guarantee future results.
News & Events
Ash-Sharqiyah extends appointment of Faiz Mahfouz as Acting CEO
Morgan Stanley 'market maker' for 40 TASI, Nomu firms
Ash-Sharqiyah gets license to produce, propagate potato seeds
Ash-Sharqiyah to launch subsidiary for construction projects
Ash-Sharqiyah secures construction license for broiler chicken project
Tadawul suspends trading on Ash-Sharqiyah for delay in Q3 results
Ash-Sharqiyah names Ayman Al-Sheikh as CEO after Al-Rahma quits
Saudi-listed companies with highest, lowest profit growth in 9M 2025
News source: Argaam (argaam.com)
Dividend History
No dividend payments recorded for this stock
Dividend data from Tadawul records. All amounts in SAR. Estimated yield calculated based on year-end price.
Ownership Structure
Data source: Yahoo FinanceLast updated: 2026-05-11
Risk Assessment
Risk Factors
Average True Range 3.0% of stock price
Trading volume near or above average
Debt-to-equity ratio 5.36
ADX indicator at 12 — no clear direction
Moderate risk factors with some sector pressures
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
1 What is SADECO stock price today?
SADECO (6060) stock price today is 12.40 SAR, gaining by +1.97% compared to the previous session close. The 52-week price range is between 11.50 SAR and 18.34 SAR.
2 What is SADECO stock valuation?
The automated analysis signal for SADECO is "Hold" with 60% confidence. The P/B ratio is 1.10.
3 Is SADECO Shariah-compliant?
Yes, SADECO (6060) is Shariah-compliant according to the latest lists approved by relevant Shariah authorities.
4 What are SADECO dividend distributions?
No dividend payment data is currently available for SADECO. The company may not distribute dividends or the data has not been updated yet.
5 What is SADECO weekly performance?
SADECO performance over different time periods: weekly change -1.20%, monthly -1.90%, and year-to-date -11.81%. The stock is currently trading with a volume of 294,935 shares.
6 What is the target level for SADECO?
According to automated analysis for SADECO: Short-term target (1-2 weeks): 12.56 SAR. Support level: 11.89 SAR. Resistance level: 12.65 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.