TCGI (Capital Goods) Sector Analysis-Overall trend is bearish, recent LH & LL has been identified.
- since 2023 the trend is bullish but this is expected to form the next LH and then move to LL
- currently the price is at strong resistance at 5800, if broken then it can become a good support and price may go up till 6685, else this
Tadawul Capital Goods Index
No trades
No trades
Compare with Capital Goods Index
Tadawul Capital Goods market breadth
Advancing and declining
AdvancingDeclining
216
Net advances
−14
A/D ratio
0.13
Up / down volume
2% / 98%
New highs and lows
−12%
−6%
0%
6%
12%
5D
1M
3M
1Y
−4
−2
0
2
4
New highs
New lows
Net highs, %
Above moving averages
20-day6%
50-day22%
200-day28%
Outperforming the index
Over 1 month28%
Over 3 months56%
Equal-weight vs Tadawul Capital Goods, 1M−1.5%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
Oscillators
Neutral
Summary
Neutral
Summary
Neutral
Summary
Neutral
Moving Averages
Neutral
Moving Averages
Neutral
Displays a symbol's value movements over previous years to identify recurring trends.
