Wataniya Insurance Co. at 12.69, -2.38% today, +2.40% over five days, -5.79% year-to-date. Volume subdued at 1.0x average. The session recorded 578 trades at 1.0x normal volume. Price is trading 0.86% below intraday VWAP at 12.8.
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 (0.96) with elevated volatility. Risk texture shows max drawdown at 17.3% with Sharpe ratio at -0.13.
RSI at 59.8 and Stochastic at 78.3 are aligned. Trend strength is strong in the sideways direction. Price has cleared resistance at 12.49 by 1.6%; support reference at 12.23. Support sits 3.6% below current price while resistance is 1.6% below. Within the 52-week range (12.25–26.65), price is 52.4% 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 INSURANCE sector.
Positioning reflects rank 5 of 21 in INSURANCE, trailing TASI by 11.65% YTD. Against a sector average daily return of 0.25%, the stock's daily return measured -1.18%, an underperformance of 1.43 percentage points. Note: intraday change and daily return measures differ due to calculation basis. Watch whether price sustains above 12.49.
Flow:NEUTRAL
Levels:ABOVE RESISTANCE
Risk:MODERATE
Watch whether price sustains above 12.49.
Informational only. Not financial advice.
Wataniya Insurance Co. (8300) Price Chart
3,941 trading days
Since Jun 2010
Wataniya Insurance Co. (8300) Technical Analysis
SIDEWAYS
RSI (14)
61.8
Neutral
Volatility (20D)
28.75%
Support
12.12
Resistance
12.37
Moving Averages
SMA 20
12.15
SMA 50
12.86
SMA 200
14.46
MA: Mixed bearish
RSI: Neutral
About Wataniya Insurance Co.
Wataniya Insurance Company is a key player in the Saudi Arabian insurance market, offering a diverse portfolio of insurance products and services tailored for both individual and corporate clients. Established to meet the increasing demand for robust insurance coverage in the region, the company's primary function is to provide a variety of general insurance products. These encompass motor, medical, property, and casualty insurance among others, ensuring comprehensive risk management solutions.
In addition to serving personal insurance needs, Wataniya plays a vital role in facilitating business continuity across various sectors by offering liability and casualty coverage essential for corporate risk mitigation. The company is known for leveraging technology to enhance service delivery, adopting advanced underwriting and claims processing systems to improve customer experience and operational efficiency. Wataniya's significance in the financial market is underscored by its commitment to adhering to the regulatory standards set forth by the Saudi Central Bank, ensuring transparency and reliability in all its operations. By doing so, Wataniya Insurance Company contributes to the overall stability and growth of the insurance sector within the Middle East region.