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SADECO

الشرقية للتنمية
6060 Main Market Shariah Compliant Buy
14.90 SAR
+0.09 (+0.61%)
Market Cap 447.00M SAR
Volume 1.73M shares
P/E Ratio N/A
Dividend Yield 0.00%
52-Week Range Food & Beverages
11.50
17.50
Last Updated: August 12, 2026 Confidence: 75%

Technical Analysis & Signals

Buy
Confidence 75%

Eastern Province Development stock shows an upward trend with positive signals in technical analysis.

Support 14.40 SAR
Resistance 15.08 SAR
Short-term (1-2 weeks) 15.50 SAR
Medium-term (1-3 months) 16.00 SAR
Risk Score
4/10 Medium
Technical Analysis

The stock is currently trading at 14.9 SAR, with the Relative Strength Index (RSI) at 58.5 indicating positive momentum. The upward trend is expected to continue due to the moving averages (SMA) crossover showing strength in the current direction.

Support & Resistance Levels

The main support level is at 14.4 SAR, while resistance is at 15.08 SAR. The stock may head towards the resistance level if positive momentum continues.

Volume Analysis

The current trading volume may indicate increased interest in the stock, enhancing the likelihood of the upward trend continuing. Trading volume is expected to rise as the stock approaches the resistance level.

Fundamental Factors

The stock has a price-to-earnings (P/E) ratio of zero and a dividend yield of zero, which may affect its attractiveness to investors. However, the positive trend in technical analysis may reflect an improvement in future performance.

Risk Factors

The company may face challenges related to fluctuations in the Saudi market, which could impact the stock price. It is important to monitor economic news and changes in financial policies that may affect the market.

Recommendation

Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Investors are advised to conduct their own research before making any investment decisions.

Analyzed: August 12, 2026, 3:04 PM Rule-based analysis

Financial Fundamentals

Market Cap 447.00M
P/E Ratio N/A
P/B Ratio 1.30
EPS -0.08
Dividend Yield 0.00%
Dividend/Share 0.00
ROE 0.00%
Debt/Equity 0.07
Free Float 95.01%
Shares Outstanding 30.00M

Price Data

52-Week High 17.50
52-Week Low 11.50
3-Month High 17.21
3-Month Low 11.95
Open 14.94
Day's High 15.32
Day's Low 14.59
Previous Close 14.81

Price Chart - SADECO

6060

Technical Analysis

Current Price: 14.90 SAR
Overall Technical Signal Bullish Signal
7 Bullish 2 Neutral 0 Bearish

Moving Averages

SMA 20 14.40 SAR
Bullish
SMA 50 14.06 SAR
Bullish
SMA 200 13.68 SAR
Bullish
EMA 12 14.42 SAR
Bullish
EMA 26 14.39 SAR
Bullish
Current Price 14.90 SAR — Price above average = Bullish

Momentum Indicators

RSI 14
58.50 Neutral
Oversold (<30) Neutral Overbought (>70)
MACD Bullish
MACD 0.037
Signal 0.028
Histogram +0.009

Bollinger Bands

Within Band
Upper Band 15.08 SAR
Middle Band 14.40 SAR
Lower Band 13.73 SAR
Price position within band
Lower Band Upper Band
Average True Range (ATR) 0.49 SAR

Trend Strength (ADX)

Moderate Trend
20.7
Weak (<20) Moderate Strong (>40)
+DI (Bullish) 27.60
-DI (Bearish) 15.60
Dominant Trend: Bullish
On-Balance Volume (OBV) 2.07M shares

Financial Summary

SADECO

Valuation

Market Cap
447.00M
P/E Ratio
N/A
P/B Ratio
1.30
EPS (Earnings/Share)
-0.08

Profitability

Revenue
229.13M
Net Income
-4.81M
Return on Equity (ROE)
0.00%
Shares Outstanding
30.00M

Balance Sheet

Total Assets
420.02M
Total Debt
22.83M
Debt/Equity
0.07
Free Float %
+95.0%

Dividends & Margins

Dividend Yield
0.00%
Dividend/Share
0.00
Book Value
11.46

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
235.96M +175.0%
-8.29M -99.1%
420.02M -2.0%
18.79M +2496.5%
-0.28 -100.0%
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
184.57M
16.75M
-0.11
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 16.00 +7.38%
Short Target 15.50 +4.03%
Resistance 15.08 +1.21%
Current Price 14.90
Support 14.40 -3.36%
Short-term Target 1-3 months
15.50 +4.03%
Medium-term Target 3-6 months
16.00 +7.38%
Upside +7.4%
Downside -3.4%
Risk/Reward Ratio Favorable
2.20 : 1

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

News & Events

No news currently available for SADECO

Sector Comparison

Food & Beverages

Dividend History

SADECO

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

Locked Ownership4.99%
Free Float95.01%

Data source: Yahoo FinanceLast updated: 2026-08-12

Risk Assessment

Low
Low 2
Medium 2
High 0

Risk Factors

!
Moderate Volatility Medium

Average True Range 3.3% of stock price

Good Liquidity Low

Trading volume near or above average

Low Debt Low

Debt-to-equity ratio 0.07

!
Moderate Trend Medium

ADX indicator at 21

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 SADECO stock price today?

SADECO (6060) stock price today is 14.90 SAR, gaining by +0.61% compared to the previous session close. The 52-week price range is between 11.50 SAR and 17.50 SAR.

2 What is SADECO stock valuation?

The automated analysis signal for SADECO is "Buy" with 75% confidence. The P/B ratio is 1.30.

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 +4.12%, monthly -1.97%, and year-to-date +5.97%. The stock is currently trading with a volume of 1,731,706 shares.

6 What is the target level for SADECO?

According to automated analysis for SADECO: Short-term target (1-2 weeks): 15.50 SAR. Medium-term target (1-3 months): 16.00 SAR. Support level: 14.40 SAR. Resistance level: 15.08 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.