Amana Cooperative Insurance Co. at 6.16, -0.81% today, -3.87% over five days, +1.48% year-to-date. Volume subdued at 0.5x average. The session recorded 179 trades at 0.5x normal volume. Price is trading 0.48% below intraday VWAP at 6.19.
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 high: market-beta (1.16) with high volatility. Risk texture shows max drawdown at 20.7% with Sharpe ratio at 2.24.
RSI at 54.2 and Stochastic at 33.3 are aligned. Trend strength is very strong in the sideways direction. Price is contained between support at 6.09 (1.2% below) and resistance at 6.41 (4.0% above). Support sits 1.2% below current price while resistance is 4.0% above. Within the 52-week range (5.66–11.52), price is 46.5% 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 0.3B SAR in the INSURANCE sector.
Positioning reflects rank 17 of 23 in INSURANCE, trailing TASI by 6.03% YTD. Against a sector average daily return of -0.36%, the stock's daily return measured -0.38%, an underperformance of 0.02 percentage points. Watch which boundary gets tested: 6.09 or 6.41.
Flow:POSITIVE
Levels:IN RANGE
Risk:HIGH
Watch which boundary gets tested: 6.09 or 6.41.
Informational only. Not financial advice.
Price Chart
3,898 trading days
Since Jun 2010
Technical Analysis
SIDEWAYS
RSI (14)
55.8
Neutral
Volatility (20D)
42.72%
Support
6.10
Resistance
6.26
Moving Averages
SMA 20
6.23
SMA 50
6.11
SMA 200
7.50
MA: Bearish
RSI: Neutral
About Amana Cooperative Insurance Co.
Amana Cooperative Insurance Company is a leading insurance provider in the region, primarily focused on offering Shariah-compliant insurance solutions known as Takaful. The company's main objective is to provide a broad range of cooperative insurance services, catering to diverse sectors such as health, motor, property, and marine, ensuring coverage without compromising on religious principles. Amana's commitment to the cooperative insurance model allows its policyholders to benefit from profit-sharing arrangements, which is a distinctive feature aligned with Islamic financial practices.
Amana's offerings significantly impact industries across the business spectrum, supporting everything from individual health plans to comprehensive corporate insurance packages. By facilitating risk management and protection through Takaful products, the company plays a critical role in the financial stability of its clients.
In the financial market, Amana Cooperative Insurance Company stands out for its strong adherence to ethical financial principles, making it a key player in both the conventional and Islamic finance sectors. Its approach not only ensures regulatory compliance but also meets the growing demand for ethical and responsible financial products.