Dubai Taxi Company PJSC Stock Analysis: Price Movements and Technical Indicators
By KlickAnalytics Data Insights | January 10, 2025 07:54AM ET
Pricing
Investors in Dubai Taxi Company PJSC are closely watching the stock as it currently trades at 2.86. In a flat day of trading, there was no change in the price, resulting in a 0.0% 1-day return. The stock has been showing positive momentum over the past week with a return of 5.15% and a 2.88% return over the last month. The 3-month return stands at an impressive 13.04%. Looking back over the past year, the stock has delivered a return of 27.68% to investors.
When analyzing the price rally, it is noted that the stock has been trading without any significant movement for the last day. The sentiment indicators show a neutral sentiment with a close price to open price ratio of 0.00%. However, the stock exhibits bearish sentiment in comparison to the high price with a ratio of -1.72%, while it shows bullish sentiment when compared to the low price with a ratio of 0.35%. The close price is 1.78% higher than the previous day's open, indicating a bullish sentiment.
The stock's performance in the last month has seen it hit a high of 2.91 on 2025-01-09, just 1 day ago, and a low of 2.67 on 2024-12-17, 24 days ago. Currently, the stock is trading -1.72% lower than its 1-month high price and 7.12% higher than its 1-month low price. In the past year, the stock has reached a high of 2.96 on 2024-10-31, 71 days ago, and a low of 2.07 on 2024-07-01, 193 days ago. The current price stands at -3.38% compared to the 52-week high and 38.16% compared to the 52-week low.
Historical returns for the stock stand at 5.15% for 1 week, 2.88% for 1 month, 13.04% for 3 months, 30.00% for 6 months, 2.88% year-to-date, and 27.68% for 1 year. The historical relative volume ratios are 0.97x for 1 week, 1.88x for 1 month, 1.68x for 3 months, 1.66x for 6 months, 1.13x year-to-date, and 1.59x for 1 year.
The stock experienced a high volume of 8,039,323 on 2025-01-07, 3 days ago, and a low volume of 118,376 on 2024-12-26, 15 days ago. Currently, the volume is down by 37.00% compared to the 1-month high volume and up by 4178.74% compared to the 1-month low volume.
Technical Indicators
Technical indicators suggest various trends in Dubai Taxi Company PJSC's stock. The SMA analysis shows that the stock is currently in an uptrend with SMA10 greater than SMA20. However, for short, medium, and long-term trends, the stock is not indicating a continuation of the uptrend. The upcoming trend is suggested to be an upward movement as SMA10 is greater than both SMA50 and SMA20.
Simple Moving Averages (SMA) signals are currently in a buy zone for the stock with all indicators showing a buy signal. The close price compared to SMAs stand at 2.22% for SMA5, 2.71% for SMA10, 4.08% for SMA20, 3.66% for SMA50, 8.86% for SMA100, and 18.35% for SMA200.