Bi-Daily Stock Overview
Middle East Specialized Cables Co. at 22.75, -1.39% today, -2.70% over five days, +4.69% year-to-date. Volume subdued at 1.4x average. The session recorded 554 trades at 1.4x normal volume. Price is trading 0.39% below intraday VWAP at 22.84.
Flow indicates divergence: strong buy-side pressure (imbalance 3.45) while smart money is exiting positions. Order flow and smart money signals are misaligned, reflecting mixed participant conviction in current direction. Risk profile is moderate: market-beta (1.14) with elevated volatility. Risk texture shows max drawdown at 19.2% with Sharpe ratio at 3.76.
RSI at 57.3 and Stochastic at 57.1 are aligned. Trend strength is very strong in the uptrend direction. The key reference remains support at 22.84, currently 0.4% above price; resistance stands at 23.37. Support sits 0.4% above current price while resistance is 2.7% above. Within the 52-week range (20.54–44.8), price is 49.2% 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 0.9B SAR in the UTILITIES sector.
Positioning reflects rank 2 of 7 in UTILITIES, trailing TASI by 2.82% YTD. Against a sector average daily return of -0.07%, the stock's daily return measured -1.07%, an underperformance of 1.00 percentage points. Watch whether price reclaims 22.84.
Flow:
DIVERGENCE
Levels:
BELOW SUPPORT
Risk:
MODERATE
Watch whether price reclaims 22.84.
Informational only. Not financial advice.