Middle East Specialized Cables Company (2370.SR) is reviewed here as a focused technical research report, covering today's price action, trend direction, RSI, moving averages, support and resistance levels, and momentum signals. The report is built from the data available on Worldtickers and keeps the company name front and center while preserving the ticker for quick market lookup.
2370.SR has traded between SAR 18.21 and SAR 35.00 over the past 52 weeks. At SAR 30.46, it is 12.97% below the high and 67.27% above the low. The 52-week range helps gauge long-term price momentum.
2370.SR is between its 50-day and 200-day moving averages, which suggests a mixed trend setup. Its 50-day moving average is SAR 31.59 and its 200-day moving average is SAR 27.08.
2370.SR's RSI is 43.44. Readings below 30 are commonly viewed as oversold, above 70 as overbought, and the current reading suggests a neutral momentum setup.
2370.SR's latest RSI reading is 43.44, which points to neutral momentum today. Traders usually confirm RSI with volume, trend, and nearby support or resistance.
Key support for 2370.SR is near SAR 29.70. Key resistance is near SAR 33.86. Breaks above resistance or below support can change the short-term technical setup.
2370.SR's nearest reported support level is SAR 29.70. A clean break below support can weaken the short-term setup, while repeated bounces can show demand.
2370.SR's nearest reported resistance level is SAR 33.86. A breakout above resistance can improve momentum, especially when volume confirms the move.
2370.SR trades about 359.93K shares daily on average. The latest displayed volume is 214.22K shares. Volume helps show liquidity and whether trading interest is unusually high or low.
2370.SR's MACD is -0.17, which is a negative momentum reading. MACD should be reviewed with price trend, moving averages, RSI, volume, and support or resistance levels.
2370.SR is between its 50-day and 200-day moving averages, which suggests a mixed trend setup. RSI is 43.44 (neutral). MACD is bearish. Nearest support is around SAR 29.70. Resistance is around SAR 33.86. A buy decision should also consider valuation, earnings quality, risk tolerance, and position sizing.
MA20 is SAR 31.40 (-3.00% from price). MA50 is SAR 31.59 (-3.58% from price). MA200 is SAR 27.08 (12.47% from price). The moving-average stack helps separate short-term momentum from long-term trend risk.
The server report currently confirms daily moving-average levels rather than a separate EMA-only value. 2370.SR's MA20 is SAR 31.40. MA50 is SAR 31.59. For EMA-specific overlays, use the live chart indicators and compare EMA direction with RSI, MACD, volume, support, and resistance.
2370.SR's pivot is near SAR 30.59. Support is near SAR 29.70. Resistance is near SAR 33.86. Price holding above pivot can support a constructive setup, while rejection near resistance can cap momentum.
The next lower support zone for 2370.SR is near SAR 29.20. The next upper resistance zone is near SAR 31.96. These levels help define risk and possible follow-through zones after a breakout or breakdown.
2370.SR's Bollinger range is roughly SAR 29.34 to SAR 33.47. Band width is near 13.15%. Price near the upper band can show stretched upside momentum, while price near the lower band can show downside pressure or a possible mean-reversion zone.
2370.SR's ATR-based typical daily range is about 3.36%. ATR helps size risk because wider ranges usually require wider stops or smaller position sizes.
Latest volume is 214.22K shares. Average volume is about 359.93K shares. Breakouts with rising relative volume are usually more reliable than moves on light participation.
2370.SR's all-time high shown on Worldtickers is SAR 48.05. Its all-time low is SAR 6.84. All-time levels provide long-range context, but recent fundamentals and market conditions matter more for current decisions.
2370.SR has a beta of 0.64, meaning it has historically been less volatile than the broad market. Beta is useful for judging how much a stock may move during broad market swings.
