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S
Saudi Telecom Company
7010.SR
Stocks Market Closed Shariah Compliant
43.18
+0.14% Updated 6 minutes ago
AI ANALYST BRIEF
Lean Bullish

Saudi Telecom edges higher, consolidating near 50-day moving average

Price action shows modest upside momentum with a 0.14% 24-hour gain settling at 43.18. RSI at 58.6 indicates neutral-to-bullish positioning without overbought conditions, while the stock trades just 1.32% above its 50-day moving average, suggesting recent strength is contained. Average True Range of 0.4157 reflects moderate volatility typical of the telecom sector.

Saudi Telecom correlates positively with regional utility stocks like ACWA Power (0.47 coefficient) and tech names such as Alphabet (0.36), suggesting sectoral support from broader market flows. Inverse relationships with AUD-based currency pairs indicate sensitivity to commodity-driven emerging market sentiment, adding potential headwind from broader commodity weakness.

Key resistance lies at the 43.60 level, while support anchors near 42.75. The 20-day realized volatility of 12.51% points to near-term range-bound activity. Nearest catalyst remains undefined, so traders should monitor quarterly results announcements and regional dividend-related announcements for directional triggers.

Price · Candlestick

Key Levels

Resistance · current · support
43.44 Prev month high 85%
44.00 Round figure 40%
43.18 Current price ·
43.12 24h low 55%
43.04 50-day moving average 60%
42.93 Fib 50.0% 50%
42.71 Fib 61.8% 50%

Pattern Read

Rule-based · last 60 sessions
Consolidation phase
No directional patterns detected — price action consolidating in current range.

Correlations Today

Cross-asset · 30-day daily-return Pearson · refreshes every 4 hours
2082.SR
+0.47
AUDCAD
-0.45
CADJPY
+0.38
AUDUSD
-0.36
GOOGL
+0.36

Statistical Snapshot

RSI (14d)
58.60
Neutral, leaning strong
ATR (14d)
0.42
Average true range (14d)
Realized vol (20d)
12.51%
Below average
50-day MA dist
1.32%
Trading above 50-day MA
Weekly change
0.19%
Change over last 5 sessions
Monthly change
-0.28%
Change over last 20 sessions

Catalysts · Next 7 Days

High + medium impact events
No major catalysts identified in the next 7 days.

Smart Suggestions

From cross-asset correlations
No strong cross-asset relationships in the current 30-session window — trade this instrument on its own merits.
24h High
43.40
24h Low
43.12
24h Change
+0.14%
24h Volume
$126.4M
Quote Details Last update: 2026-05-16T06:46:50+00:00
Bid
43.18
Ask
43.18
Spread
0.0043
Trades 24h
24h Open
43.12
Volume (base)
2.93M@elseif($v >= 1e3)2,927.8K@else2,927,801.00
Mid
43.18
Provider Symbol
7010:Tadawul
Spread shown is an indicative inter-bank reference — actual broker spreads vary by venue and account type.
Instrument Specs
Symbol7010.SR
Base / Quote / SAR
Contract Size
Tick Size0.01
Pip Value (USD)$0.1000
Trading Hours
Sentiment · 24h via Fiper Terminal
7010.SR Sentiment unavailable in last 48h
Sentiment derived from news articles over the last 24 hours.
News · 7010.SR 0 articles · last 7 days
No news coverage for 7010.SR in the last 7 days.
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