Saudi Company for Hardware at 23.48, +0.00% today, -6.38% over five days, -9.83% year-to-date. Volume subdued at 9.1x average. The session recorded 79 trades at 9.1x normal volume. Price is trading 0.13% below intraday VWAP at 23.51.
Flow is neutral: balanced order flow, smart money neutral. Order flow is balanced with no clear directional bias from either order book or smart money indicators. Risk profile is moderate: market-beta (1.01) with moderate volatility. Risk texture shows max drawdown at 14.9% with Sharpe ratio at -4.18.
Momentum is compressed with RSI at 26.8 and Stochastic at 3.1, both oversold. Trend strength is weak; the sideways bias lacks conviction. Price is contained between support at 23.19 (1.2% below) and resistance at 23.99 (2.2% above). Support sits 1.2% below current price while resistance is 2.2% above. Within the 52-week range (21.01–34.4), price is 31.7% 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 0.8B SAR in the CONSUMER_DISCRETIONARY_DISTRIBUTION_AND_RETAIL sector.
Positioning reflects rank 7 of 8 in CONSUMER_DISCRETIONARY_DISTRIBUTION_AND_RETAIL, trailing TASI by 14.29% YTD. Against a sector average daily return of -1.22%, the stock's daily return measured -1.22%, an outperformance of 0.00 percentage points. Note: intraday change and daily return measures differ due to calculation basis. Watch which boundary gets tested: 23.19 or 23.99.
Flow:NEUTRAL
Levels:IN RANGE
Risk:MODERATE
Watch which boundary gets tested: 23.19 or 23.99.
Informational only. Not financial advice.
Saudi Company for Hardware (4008) Price Chart
2,742 trading days
Since May 2015
Saudi Company for Hardware (4008) Technical Analysis
DOWNTREND
RSI (14)
25.5
Oversold
Volatility (20D)
20.36%
Support
23.13
Resistance
23.48
Moving Averages
SMA 20
24.87
SMA 50
24.87
SMA 200
27.05
MA: Bearish
RSI: Oversold
About Saudi Company for Hardware
Saudi Company for Hardware LLC, commonly known as SACO, is a prominent retail chain specializing in hardware products, home improvement goods, and consumer electronics in the Kingdom of Saudi Arabia. It plays a pivotal role in supplying a vast array of items, including hardware tools, gardening products, home and office furniture, and automotive accessories, catering to both individual consumers and businesses. SACO's extensive network of stores spans across major cities, offering a one-stop shopping experience augmented by knowledgeable staff and an emphasis on customer service. This company's robust e-commerce platform complements its physical presence, allowing customers to access products and services conveniently online. By maintaining a comprehensive inventory and incorporating global brands alongside local products, SACO serves as a crucial facilitator in the growth of the home improvement and consumer goods market in the region. Founded on principles of quality and innovation, SACO continues to expand its footprint, reflecting its importance in both retail and economic sectors in Saudi Arabia.