Saudi Arabian Mining Co. at 63.50, -0.47% today, -8.35% over five days, +5.83% year-to-date. Volume surged to 7.1x average. The session recorded 6,940 trades at 7.1x normal volume. Price is trading 0.55% above intraday VWAP at 63.15.
Flow indicates alignment: strong buy-side pressure confirmed by smart money adding exposure. Order flow and smart money signals are aligned positively, reflecting broad participant agreement. Risk profile is elevated: market-beta (1.09) with elevated volatility. Risk texture shows max drawdown at 19.9% with Sharpe ratio at -3.99.
Momentum is compressed with RSI at 25.2 and Stochastic at 0.5, both oversold. Trend strength is very strong in the downtrend direction. Price is contained between support at 63.15 (0.6% below) and resistance at 64.75 (2.0% above). Support sits 0.6% below current price while resistance is 2.0% above. Within the 52-week range (37.85–68.45), price is 7.2% below the high.
The information environment is quiet with no tracked headlines. News mix is neutral: 0 positive vs 0 negative items over 7 days from 0 total tracked. Scale anchor: market cap is 246.4B SAR in the MATERIALS sector.
Positioning reflects rank 34 of 35 in MATERIALS, trailing TASI by 0.03% YTD. Against a sector average daily return of 0.97%, the stock's daily return measured 1.10%, an outperformance of 0.13 percentage points. Note: intraday change and daily return measures differ due to calculation basis. Watch which boundary gets tested: 63.15 or 64.75.
Flow:POSITIVE
Levels:IN RANGE
Risk:ELEVATED
Watch which boundary gets tested: 63.15 or 64.75.
Informational only. Not financial advice.
Saudi Arabian Mining Co. (1211) Price Chart
4,404 trading days
Since Jul 2008
Saudi Arabian Mining Co. (1211) Technical Analysis
DOWNTREND
RSI (14)
29.1
Oversold
Volatility (20D)
31.71%
Support
63.82
Resistance
64.77
Moving Averages
SMA 20
68.73
SMA 50
71.51
SMA 200
61.26
MA: Mixed bullish
RSI: Oversold
About Saudi Arabian Mining Co.
The Saudi Arabian Mining Company, known as Ma'aden, is one of the leading mining enterprises in Saudi Arabia, significantly contributing to the nation's economic diversification strategy away from oil dependency. The company primarily focuses on extracting and processing mineral resources such as gold, phosphate, bauxite, and industrial minerals. Ma'aden operates extensive integrated mining operations and processing facilities that play a pivotal role in the mining supply chain. Its activities extend across exploration, development, production, and marketing of a wide variety of mineral products.
Founded in 1997 and headquartered in Riyadh, Ma'aden has established itself as a key player in both the domestic and international markets. It is instrumental in supplying raw materials crucial for various industries, including agriculture, manufacturing, and construction, thus bolstering Saudi Arabia's presence in the global commodities market. As part of its operational framework, Ma'aden pursues sustainable and environmentally responsible practices, reflecting its commitment to social responsibility and economic growth in the region.