Pricing

Sharjah Cement and Industrial Development Co. has been performing well in the stock market recently. The current price is 0.647 with a 1-day change of 0.04, leading to a 1-day return of 7.12%. The volume of shares traded was 40600. The 1-week return stands at 6.065574% while the 1-year return is at 0.0%.

The stock has been rallying upwards, with a close price to open price increase of 4.35%, indicating a bullish sentiment. Additionally, the close price to low price comparison shows a bullish sentiment of 4.35%. The 52-week high price was 0.72, recorded on 2024-05-01, while the 52-week low price was 0.545, logged on 2024-04-30. Currently, the current price is 18.72% higher than the 52-week low price.

Historical returns for the stock show positive performance with a 1-week return of 6.07%, year-to-date return of 6.07%, and a 1-year return of 0.00%. The historical relative volume indicates a 1-week relative volume of 3.14x, year-to-date relative volume of 3.14x, and a 1-year relative volume of 0.13x.

Technical Indicators

Technical indicators for Sharjah Cement and Industrial Development Co. suggest a mixed outlook. While the stock has shown a spurt up with SMA10 > SMA20, indicating a positive trend, it falls short of a short term, medium term, and long term up with SMA10 not exceeding SMA50, SMA100, and SMA200. However, the signal for various simple moving averages ranging from 5-days to 200-days is currently at a buy indication.

The close price compared to the SMA values stand at 2.99% for SMA5, 2.55% for SMA10, 4.41% for SMA20, 5.17% for SMA50, 5.97% for SMA100, and 5.09% for SMA200, showcasing a positive correlation.