Abu Dhabi National Co. for Building Materials Shows Positive Price Rally and Technical Upward Trends
By KlickAnalytics Data Insights | January 10, 2025 08:04AM ET
Pricing
Abu Dhabi National Co. for Building Materials is currently priced at 1.15 with a 1-day change of 0.06, reflecting a 5.5% return. The stock has a trading volume of 16,988,298 shares. Over the past week, the stock has shown a return of 2.68%, while over the past month, the return has been an impressive 79.97%. The 3-month return stands at 159.01% and the 1-year return at 309.25%. The stock has been on an upward trend for the last 1 day, with the close price to open price showing a bullish sentiment. However, the close price to high price ratio indicates a bearish sentiment, while the close price to low price ratio is bullish. The current price is 8.73% below the 1-month high and 85.78% above the 1-month low. In comparison to the 52-week high and low, the stock is currently trading 8.73% below the high and 505.26% above the low.
Historical Returns and Relative Volume
The historical returns for the stock are as follows: 1-Week 2.68%, 1-Month 79.97%, 3-Months 159.01%, 6-Months 181.86%, Year-to-date 18.56%, 1-Year 309.25%. The historical relative volume metrics show a positive trend with values of 1.18x for 1-Week, 3.06x for 1-Month, 3.38x for 3-Months, 5.43x for 6-Months, 1.34x Year-to-date, and 9.07x for 1-Year.
Technical Indicators
The technical indicators suggest positive trends for the stock. The SMA (Simple Moving Average) analysis indicates an upward trend across various timeframes. The close price compared to the SMAs shows a positive deviation, with the stock performing well against the moving averages.