Dubai Refreshment Company P.J.S.C. Stock Report: Price Rally Continues with Bullish Sentiment
By KlickAnalytics Data Insights | October 2, 2024 07:46AM ET
Pricing
Today's analysis revolves around Dubai Refreshment Company P.J.S.C. with a current price of 24.15, showing a 1-day change of 3.15 and a 1-day return of 15.0%. The stock has seen a volume of 64025 shares traded. In terms of returns, the stock has shown a 1-week return of 4.32%, a 1-month return of None, a 3-month return of None, a 1-week return of 26.44%, and a 1-year return of 30.54%.
The stock is currently on a price rally, trading upward for the last 2 days. The close price to open price ratio is 25.78%, indicating a bullish sentiment. The close price to high price ratio is 0.00%, showing a neutral sentiment, while the close price to low price ratio is 25.78%, displaying a bullish sentiment. Furthermore, the close price to the previous day open was 15.00%, also indicating a bullish sentiment.
The 52-week high price of the stock was 24.15, observed on 2024-10-01 (1 day ago), while the 52-week low price was 17.25, recorded on 2024-07-10 (84 days ago). The current price compared to the 52-week low price is 40.00%. Historical returns for the stock include 1-day at 15.00%, 1-week at 4.32%, year-to-date at 26.44%, and 1-year at 30.54%. The historical relative volume shows 1-week at 4.59x, year-to-date at 21.65x, and 1-year at 1.05x.
Technical Indicators
The technical indicators indicate a positive outlook for the stock. The SMA10 is greater than SMA20, SMA10 is greater than SMA20 and SMA50, and SMA10 is greater than SMA20, SMA50, and SMA100, showing an upward trend in the short, medium, and long terms. However, the stock is not expected to trend upwards soon with SMA10 not surpassing SMA50 and SMA20.
The simple moving averages for different periods show a buy signal, with the 5-day SMA at 21.63, 10-day SMA at 21.49, 20-day SMA at 20.52, 50-day SMA at 19.77, and 100-day SMA at 18.98. The close price compared to SMA5 is 11.65%, SMA10 is 12.38%, SMA20 is 17.70%, SMA50 is 22.17%, and SMA100 is 27.21%.