10/09/2017 06:23 AST

The index closed down by 1.42% from the week at 8,675.46; it should be noted that it has been a very short week (only two trading days). As a result, the current movement can possibly be insignificant due to the low traded volumes. We are looking at the 8,300 level as the next support and the resistance level

Definitions of key terms used in technical analysis.

Candlestick chart – A candlestick chart is a price chart that displays the high, low, open, and close for a security. The ‘body’ of the chart is portion between the open and close price, while the high and low intraday movements form the ‘shadow’. The candlestick may represent any time frame. We use a one-day candlestick chart (every candlestick represents one trading day) in our analysis.

Doji candlestick pattern – A Doji candlestick is formed when a security’s open and close are practically equal. The pattern indicates indecisiveness, and based on preceding price actions and future confirmation, may indicate a bullish or bearish trend reversal.

Gulf Times

Ticker Price Volume
QNBK 135.11 271,276
SABIC 109.91 2,832,079
DHPS 0.00 0
BURUJ 33.42 314,360
WALAA 33.86 2,209,324
TAWUNIYA 68.22 1,113,252
STC 82.27 233,047

QE 8,802.80 -44.99 (-0.51%)

Dividend Yield (%)
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Index vs...
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
QNBK 135.11 -4.87 (-3.48%)
IQCD 104.03 -0.87 (-0.83%)
MARK 36.41 -0.59 (-1.60%)
ORDS 84.40 -0.57 (-0.68%)
ERES 9.70 0.50 (5.43%)
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