Arabian Cement Co. at 21.49, -0.09% today, +3.08% over five days, +8.49% year-to-date. Volume subdued at 0.4x average. The session recorded 254 trades at 0.4x normal volume. Price is trading 0.14% below intraday VWAP at 21.52.
Flow is neutral: balanced order flow, smart money exiting positions. Order flow is balanced with no clear directional bias from either order book or smart money indicators. Risk profile is low: defensive beta (0.53) with moderate volatility. Risk texture shows max drawdown at 4.8% with Sharpe ratio at 1.96.
Momentum is stretched with RSI at 83.2 and Stochastic at 89.5, both overbought. Trend strength is strong in the uptrend direction. The key reference remains support at 23.36, currently 8.7% above price; resistance stands at 23.46. Support sits 8.7% above current price while resistance is 9.2% above. Within the 52-week range (20.43–27.85), price is 22.8% 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 2.1B SAR in the MATERIALS sector.
Positioning reflects rank 24 of 35 in MATERIALS, outperforming TASI by 2.63% YTD. Against a sector average daily return of 0.97%, the stock's daily return measured 1.48%, an outperformance of 0.51 percentage points. Note: intraday change and daily return measures differ due to calculation basis. Watch whether price reclaims 23.36.
Flow:NEUTRAL
Levels:BELOW SUPPORT
Risk:LOW
Watch whether price reclaims 23.36.
Informational only. Not financial advice.
Arabian Cement Co. (3010) Price Chart
4,996 trading days
Since Apr 2006
Arabian Cement Co. (3010) Technical Analysis
UPTREND
RSI (14)
87.1
Overbought
Volatility (20D)
18.02%
Support
23.35
Resistance
23.83
Moving Averages
SMA 20
22.79
SMA 50
22.30
SMA 200
22.00
MA: Bearish
RSI: Overbought
About Arabian Cement Co.
Arabian Cement Co., a prominent player in the materials industry, specializes in the production and distribution of cement within the Middle Eastern region. The company's primary function is to provide high-quality cement products essential for the construction and infrastructure sectors. Its offerings include various types of cement, catering to the diverse needs of residential, commercial, and industrial construction projects. As a cornerstone of the construction sector, Arabian Cement Co. plays a vital role in supporting urban development and the expansion of infrastructure, which are critical components of economic growth in the region. With its strategic location and commitment to maintaining robust production capabilities, the company contributes significantly to meeting the rising demand for construction materials. Through its operations, Arabian Cement Co. not only supports the local economy but also positions itself as an essential contributor to the building and enhancement of infrastructure across the Middle East.