National Metal Manufacturing and Casting Co. at 13.52, -1.46% today, +9.37% over five days, -11.70% year-to-date. Volume subdued at 0.5x average. The session recorded 405 trades at 0.5x normal volume. Price is trading 0.44% below intraday VWAP at 13.58.
Flow is neutral: mild buy-side pressure, smart money neutral. Order flow is balanced with no clear directional bias from either order book or smart money indicators. Risk profile is elevated: market-beta (1.14) with high volatility. Risk texture shows max drawdown at 23.8% with Sharpe ratio at -0.56.
RSI at 66.3 and Stochastic at 78.1 are aligned. Trend strength is strong in the sideways direction. Price has cleared resistance at 12.53 by 7.3%; support reference at 12.04. Support sits 10.9% below current price while resistance is 7.3% below. Within the 52-week range (12.52–18.9), price is 28.5% 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 MATERIALS sector.
Positioning reflects rank 13 of 35 in MATERIALS, trailing TASI by 17.56% YTD. Against a sector average daily return of 0.97%, the stock's daily return measured 0.12%, an underperformance of 0.85 percentage points. Note: intraday change and daily return measures differ due to calculation basis. Watch whether price sustains above 12.53.
Flow:NEUTRAL
Levels:ABOVE RESISTANCE
Risk:ELEVATED
Watch whether price sustains above 12.53.
Informational only. Not financial advice.
National Metal Manufacturing and Casting Co. (2220) Price Chart
4,996 trading days
Since Apr 2006
National Metal Manufacturing and Casting Co. (2220) Technical Analysis
SIDEWAYS
RSI (14)
63.7
Neutral
Volatility (20D)
34.06%
Support
12.02
Resistance
12.33
Moving Averages
SMA 20
11.67
SMA 50
12.89
SMA 200
14.98
MA: Mixed bearish
RSI: Neutral
About National Metal Manufacturing and Casting Co.
Al Masane Al Kobra Mining Company is a prominent entity within the metal and mining industry, focused on the extraction and processing of minerals. The company's primary function is to explore and develop mineral resources in Saudi Arabia, contributing significantly to the region's mining sector. Al Masane Al Kobra is engaged in the production of copper, zinc, gold, and silver, relying on modern mining techniques and sustainable practices to ensure efficient resource management.
This company plays a vital role in the economic development of Saudi Arabia by providing raw materials essential for various industrial applications, including construction, electronics, and manufacturing. The mining operations of Al Masane Al Kobra align with the country's Vision 2030 initiative, aiming to diversify the economy beyond oil and gas. With significant proven and probable reserves, the company not only enhances local employment opportunities but also boosts the nation's export portfolio through its mineral production.
As a key player in the mining sector, Al Masane Al Kobra Mining Company underscores the importance of strategic resource development in supporting economic growth and technological advancement.