Takaful Emarat (PSC) Pricing and Technical Analysis News Update
By KlickAnalytics Data Insights | October 2, 2024 07:55AM ET
Pricing Analysis for Takaful Emarat (PSC)
Takaful Emarat (PSC) is currently trading at a price of 0.5 with no change in the last 1 day. The stock has shown a 1-day return of 0.4% with a trading volume of 284660 shares.
Over the past week, Takaful Emarat has experienced a negative return of -5.66%, while the 1-month and 3-month returns stand at -7.41% and -9.09% respectively. However, the 1-week return is positive at 11.11%, indicating some recent upward momentum.
Looking at the longer-term performance, the stock has seen a significant decline of -23.08% over the past year. The current price of 0.5 is -7.41% lower than the 1-month high of 0.54 and 4.17% higher than the 1-month low of 0.48.
The stock's 52-week high and low prices are 0.88 and 0.39 respectively. The current price is -43.18% below the 52-week high and 28.21% above the 52-week low.
Sentiment Analysis
The close price compared to open, high, and low prices indicates a neutral sentiment overall. However, the close price is bullish compared to the low price and bearish compared to the previous day's open.
Historical Returns and Volume
Historical returns for Takaful Emarat show a mixed performance, with negative returns over most timeframes. Year-to-date, the stock has gained 11.11%.
Relative volume analysis indicates fluctuations in trading activity, with the current volume significantly lower than the 1-month high volume but higher than the 1-month low volume.
Technical Indicators
The technical indicators suggest a mixed outlook for Takaful Emarat. The stock is currently below several key moving averages, indicating a bearish trend in the short to long term.
Despite some recent positive price movement, the SMA signals for various periods are all in the 'SELL' zone. The close price is below the SMA levels for different periods, further supporting a bearish stance.