Wafrah for Industry and Development Co. at 21.96, -0.99% today, -4.81% over five days, +5.27% year-to-date. Volume subdued at 0.3x average. The session recorded 262 trades at 0.3x normal volume. Price is trading 0.63% below intraday VWAP at 22.1.
Flow indicates alignment: buy-side pressure confirmed by smart money neutral. Order flow and smart money signals are aligned positively, reflecting broad participant agreement. Risk profile is elevated: market-beta (1.30) with high volatility. Risk texture shows max drawdown at 22.3% with Sharpe ratio at 3.28.
RSI at 42.5 and Stochastic at 34.9 are aligned. Trend strength is very strong in the sideways direction. Price is testing support at 21.99; resistance at 22.41 (2.0% above). Support sits 0.1% above current price while resistance is 2.0% above. Within the 52-week range (19.3–40.1), price is 45.2% 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 0.5B SAR in the FOOD_AND_BEVERAGES sector.
Positioning reflects rank 2 of 18 in FOOD_AND_BEVERAGES, trailing TASI by 2.24% YTD. Against a sector average daily return of -0.11%, the stock's daily return measured -0.55%, an underperformance of 0.44 percentage points. Watch whether support at 21.99 holds.
Flow:POSITIVE
Levels:AT SUPPORT
Risk:ELEVATED
Watch whether support at 21.99 holds.
Informational only. Not financial advice.
Price Chart
4,982 trading days
Since Feb 2006
Technical Analysis
SIDEWAYS
RSI (14)
44.1
Neutral
Volatility (20D)
38.67%
Support
21.74
Resistance
22.31
Moving Averages
SMA 20
22.31
SMA 50
21.80
SMA 200
26.06
MA: Bearish
RSI: Neutral
About Wafrah for Industry and Development Co.
Wafrah for Industry and Development is a company engaged in the food processing industry. It primarily focuses on producing, manufacturing, and trading a diverse range of food products, including frozen foods, pasta, bakery products, and animal feed. Centrally involved in the agricultural and food industries, Wafrah plays a crucial role in the supply chain, enhancing food security and providing high-quality products to consumers. The company also prides itself on integrating modern technology and innovative techniques in its production processes to maintain stringent quality standards. Located in the market region of Saudi Arabia, Wafrah for Industry and Development contributes significantly to the local economy by boosting industrial development and providing employment opportunities while being committed to sustainable practices within the food production ecosystem. Its operations reflect a commitment to fostering growth and ensuring health through high-standard food supplies.