ADNOC Gas (ADX) – Riding Wave 5
Analysis:
The stock appears to be in Wave 4 completion, and Wave 5 seems to be forming as per Elliott Wave Theory. The recent pullback aligns well with a key demand zone around 3.39, which has been respected, indicating strong buying interest.
Wave Analysis:
- Wave (1): Impulsive move fr
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0.24 AED
18.37 B AED
70.02 B AED
7.68 B
About ADNOC Gas plc
Sector
Industry
CEO
Fatema M. Abdulla Alshaibeh Al-Nuaimi
Website
Headquarters
Abu Dhabi
ISIN
AEE01195A234
FIGI
BBG01FKC2SH4
ADNOC Gas Plc engages in the processing of natural, industrial, and all composites of gas. It is also involved in the issuance of shares in connection with its capitalization. The company was founded on December 8, 2022 and is headquartered in Abu Dhabi, United Arab Emirates.
EMIRAT ARABE ADNOC GAS DOWNPeriod: D1 Current trend: bearish Analysis: based on price trends, ITC, high/low volume indicators and also QQE
forecast: bearish
after a retest break of the daily order block at the 2.9 round figure, the price will make a descent to the order block. there will be a reversal of the trend for some
ADNOC GAS (ADX), to target 3.82 after crossing resistanceDaily chart, the stock ADNOC GAS is trading between support and resistance lines since mid June 2023.
A Triangle chart pattern is being formed - After the price clearly crosses the resistance line (BLUE), around 3.15 - 3.16, then the target will be 3.82, passing through some resistance levels as s
A new wave up in ADNOC GASADNOC Gas Processing is a natural gas producing company and the largest gas processing complex in Abu Dhabi.
The share of ADNOC GAS went up in an impulse from march 2023 and completed the impulse wave up by august 2023
From Aug. 2023 to Oct 2023 the share corrected 61.8% of the entire rise in the f
Adnoc GasI think ADNOC Gas's decline has ended
First, it reached the target of the head and shoulders pattern and began to fluctuate horizontally without breaking the last low of 3.08
Secondly, the target of the aforementioned model coincided with the second most important support area
Third, the histogram b
Scary & safeTrend
For now its still looking safe and in a uptrend, but i hope its not forming a head & shoulder pattern. If the pattern is confirmed then be ready for a selling scenario till about 3.30 zone
New High
On the other side, if it manages to close above 3.60 this will be a good sign that its read
See all ideas
Summarizing what the indicators are suggesting.
Neutral
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Neutral
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Neutral
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Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of ADNOCGAS is 3.12 AED — it has increased by 3.31% in the past 24 hours. Watch ADNOC Gas plc stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on ADX exchange ADNOC Gas plc stocks are traded under the ticker ADNOCGAS.
ADNOCGAS stock has risen by 7.22% compared to the previous week, the month change is a −4.00% fall, over the last year ADNOC Gas plc has showed a −0.32% decrease.
We've gathered analysts' opinions on ADNOC Gas plc future price: according to them, ADNOCGAS price has a max estimate of 4.35 AED and a min estimate of 3.46 AED. Watch ADNOCGAS chart and read a more detailed ADNOC Gas plc stock forecast: see what analysts think of ADNOC Gas plc and suggest that you do with its stocks.
ADNOCGAS reached its all-time high on Aug 17, 2023 with the price of 3.71 AED, and its all-time low was 2.71 AED and was reached on Apr 7, 2025. View more price dynamics on ADNOCGAS chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
ADNOCGAS stock is 5.70% volatile and has beta coefficient of 0.65. Track ADNOC Gas plc stock price on the chart and check out the list of the most volatile stocks — is ADNOC Gas plc there?
Today ADNOC Gas plc has the market capitalization of 231.79 B, it has decreased by −10.90% over the last week.
Yes, you can track ADNOC Gas plc financials in yearly and quarterly reports right on TradingView.
ADNOC Gas plc is going to release the next earnings report on May 7, 2025. Keep track of upcoming events with our Earnings Calendar.
ADNOCGAS earnings for the last quarter are 0.07 AED per share, whereas the estimation was 0.04 AED resulting in a 69.69% surprise. The estimated earnings for the next quarter are 0.05 AED per share. See more details about ADNOC Gas plc earnings.
ADNOC Gas plc revenue for the last quarter amounts to 17.55 B AED, despite the estimated figure of 16.11 B AED. In the next quarter, revenue is expected to reach 19.62 B AED.
ADNOCGAS net income for the last quarter is 5.07 B AED, while the quarter before that showed 4.57 B AED of net income which accounts for 11.04% change. Track more ADNOC Gas plc financial stats to get the full picture.
ADNOC Gas plc dividend yield was 4.65% in 2024, and payout ratio reached 68.23%. The year before the numbers were 5.03% and 64.37% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Apr 15, 2025, the company has 2.31 K employees. See our rating of the largest employees — is ADNOC Gas plc on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. ADNOC Gas plc EBITDA is 27.39 B AED, and current EBITDA margin is 40.03%. See more stats in ADNOC Gas plc financial statements.
Like other stocks, ADNOCGAS shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade ADNOC Gas plc stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So ADNOC Gas plc technincal analysis shows the neutral today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating ADNOC Gas plc stock shows the sell signal. See more of ADNOC Gas plc technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.