EDBMtrend up
falling wedge on 1H frame
bulish Gartely on Daliy frame entry point 0.288 EGP stop loss 0.26 EGP
target 0.338 EGP then 0.385 EGP then .57 EGP
About THE EGYPTIAN COMPANY FOR CONSTRUCTION DEVELOPMENT-LIFT SLAB
Sector
Industry
Headquarters
Cairo
Website
Founded
1978
ISIN
EGS23141C012
FIGI
BBG000JX1YB8
The Egyptian Company for Construction Development-Lift Slab engages in construction and engineering services. It operates through the following business segments: Tunnels, Slipform, and Heavy Lifting. The company was founded in March 1978 and is headquartered in Cairo, Egypt.
Lift Slab Egypt has a strong potential to hit resistance at 0.44Weekly chart, the stock EGX:EDBM is trading in a rising channel, and the technical indicators MACD and RSI are showing the strong potential to target the resistance line R at around 0.44
(Used Heikin Ashi candlesticks to remove noise)
Stop loss below 0.295 should be considered.
In Demand ZoneI think it will break the demand zone, the price is lower than the book value and RSI divergence
NEXT MARKET MOVE UP TO 2023NEXT MARKET MOVE UP TO 2023
At the bold black line, a major area,
At the orange line, a sub area
WE CAN UPDATE AFTER BROKEN
Lift Slab analysisBreaking 0.306 L.E most probable will change the behavior to uptrend
Other Resistances 0.32 , 0.35, 0.4 ,0.45, 0.56
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of EDBM is 0.305 EGP — it has decreased by −0.66% in the past 24 hours. Watch THE EGYPTIAN COMPANY FOR CONSTRUCTION DEVELOPMENT-LIFT SLAB stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on EGX exchange THE EGYPTIAN COMPANY FOR CONSTRUCTION DEVELOPMENT-LIFT SLAB stocks are traded under the ticker EDBM.
EDBM stock has fallen by −5.31% compared to the previous week, the month change is a 2.02% rise, over the last year THE EGYPTIAN COMPANY FOR CONSTRUCTION DEVELOPMENT-LIFT SLAB has showed a 5.54% increase.
EDBM reached its all-time high on May 14, 2002 with the price of 2.455 EGP, and its all-time low was 0.124 EGP and was reached on Oct 27, 2008. View more price dynamics on EDBM chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
EDBM stock is 1.32% volatile and has beta coefficient of 0.77. Track THE EGYPTIAN COMPANY FOR CONSTRUCTION DEVELOPMENT-LIFT SLAB stock price on the chart and check out the list of the most volatile stocks — is THE EGYPTIAN COMPANY FOR CONSTRUCTION DEVELOPMENT-LIFT SLAB there?
Today THE EGYPTIAN COMPANY FOR CONSTRUCTION DEVELOPMENT-LIFT SLAB has the market capitalization of 170.06 M, it has decreased by −1.94% over the last week.
Yes, you can track THE EGYPTIAN COMPANY FOR CONSTRUCTION DEVELOPMENT-LIFT SLAB financials in yearly and quarterly reports right on TradingView.
EDBM net income for the last quarter is −621.84 K EGP, while the quarter before that showed −45.59 M EGP of net income which accounts for 98.64% change. Track more THE EGYPTIAN COMPANY FOR CONSTRUCTION DEVELOPMENT-LIFT SLAB financial stats to get the full picture.
No, EDBM doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, EDBM 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 THE EGYPTIAN COMPANY FOR CONSTRUCTION DEVELOPMENT-LIFT SLAB 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 THE EGYPTIAN COMPANY FOR CONSTRUCTION DEVELOPMENT-LIFT SLAB technincal analysis shows the neutral today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating THE EGYPTIAN COMPANY FOR CONSTRUCTION DEVELOPMENT-LIFT SLAB stock shows the neutral signal. See more of THE EGYPTIAN COMPANY FOR CONSTRUCTION DEVELOPMENT-LIFT SLAB 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.