Arabian Drilling Co. at 99.60, -2.45% today, -3.68% over five days, -0.35% year-to-date. Volume subdued at 0.6x average. The session recorded 913 trades at 0.6x normal volume. Price is trading 0.53% below intraday VWAP at 100.13.
Flow indicates alignment: strong buy-side pressure confirmed by smart money neutral. Order flow and smart money signals are aligned positively, reflecting broad participant agreement. Risk profile is moderate: market-beta (1.02) with moderate volatility. Risk texture shows max drawdown at 7.3% with Sharpe ratio at 1.35.
RSI at 48.3 and Stochastic at 24.6 are aligned. Trend strength is strong in the sideways direction. The key reference remains support at 101.47, currently 1.9% above price; resistance stands at 102.97. Support sits 1.9% above current price while resistance is 3.4% above. Within the 52-week range (72.0–107.2), price is 7.1% 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 9.1B SAR in the ENERGY sector.
Positioning reflects rank 4 of 7 in ENERGY, trailing TASI by 6.41% YTD. Against a sector average daily return of -0.42%, the stock's daily return measured -1.75%, an underperformance of 1.33 percentage points. Note: intraday change and daily return measures differ due to calculation basis. Watch whether price reclaims 101.47.
Flow:POSITIVE
Levels:BELOW SUPPORT
Risk:MODERATE
Watch whether price reclaims 101.47.
Informational only. Not financial advice.
Price Chart
814 trading days
Since Nov 2022
Technical Analysis
SIDEWAYS
RSI (14)
48.3
Neutral
Volatility (20D)
22.03%
Support
101.47
Resistance
102.97
Moving Averages
SMA 20
103.47
SMA 50
99.19
SMA 200
85.27
MA: Mixed bullish
RSI: Neutral
About Arabian Drilling Co.
Arabian Drilling Company is a prominent player in the energy sector, specializing in onshore and offshore drilling services within Saudi Arabia. The company's primary function is to provide comprehensive drilling solutions to oil and gas producers, supporting the exploration and production activities essential for energy supply. Notable for its advanced technology and sustainable practices, Arabian Drilling Company ensures efficient and environmentally-responsible operations that are crucial in an industry facing increasing scrutiny over environmental concerns. It plays a vital role in the Saudi Arabian economy, contributing significantly to the country's oil production capability and energy independence. By collaborating with major oil companies and leveraging its expertise, the company enhances the productivity and longevity of oil fields, which is critical in a region that is a leading global oil exporter. Arabian Drilling Company's operations are integral to maintaining the competitive edge of the Middle Eastern oil industry on the global stage, ensuring a steady supply chain of fossil fuels that powers economies worldwide.