#EEII Egyptian stock#EEII time frame 1 hour
created a bullish Gartley pattern
entry level at 1.39
stop loss 1.37
first target at 1.45
second target 1.50
MACD indicator show bottom less than last bottom unlike the data on chart , may that is support our idea.
note : this data according to time frame 1 hour
Its no
128.59 M
About EL ARABIA ENGINEERING INDUSTRIES
Sector
Industry
Headquarters
Cairo
Website
Founded
1989
ISIN
EGS3G111C015
FIGI
BBG000BWRGL8
El Arabia Engineering Industries engages in the manufacture of engineering and industrial products, such as steel wires and wire condensers for household refrigerators. Its products include tubing condensers, steel wire-drawing, nails, and spikes. The company was founded on June 28, 1989 and is headquartered in Cairo, Egypt.
El Arabia Engineering (EEII,EGX): uptrend to 1.8 then 2 and 2.5Weekly chart, the stock EGX:EEII is supposed to continue trading in the rising channel and test the resistance line at around 1.80
Trading for 2 weeks above 1.80, the target will be 2.50 - 2.55 passing through a resistance zone at 2.00 - 2.10
Technical indicators MACD and RSI are supporting this
EEii Important LevelsHello Dear Traders,
Wish you a good Day,
on The chart important Levels "Horizontal levels" Based on Gann sq9 Works as Support/Resistance
Watch for Price action around those levels.
also there are gann grid the green/red trends works as close as Channels in your regular Classic analysis.
Trade around
EEII.EGX moving in a ascending triangle.The stock is still in a neutral range on the ascending triangle pattern between the two major support or demand areas and between a nearby secondary supply area, and the price movement is waiting for the penetration of any of the two ends of the pattern so that we can talk about the expected targets
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
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 EEII is 1.930 EGP — it has decreased by −3.02% in the past 24 hours. Watch EL ARABIA ENGINEERING INDUSTRIES stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on EGX exchange EL ARABIA ENGINEERING INDUSTRIES stocks are traded under the ticker EEII.
EEII stock has risen by 24.52% compared to the previous week, the month change is a 29.53% rise, over the last year EL ARABIA ENGINEERING INDUSTRIES has showed a 48.01% increase.
EEII reached its all-time high on Sep 29, 2021 with the price of 5.010 EGP, and its all-time low was 0.192 EGP and was reached on Jul 19, 2016. View more price dynamics on EEII chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
EEII stock is 7.33% volatile and has beta coefficient of 1.39. Track EL ARABIA ENGINEERING INDUSTRIES stock price on the chart and check out the list of the most volatile stocks — is EL ARABIA ENGINEERING INDUSTRIES there?
Today EL ARABIA ENGINEERING INDUSTRIES has the market capitalization of 428.68 M, it has increased by 18.71% over the last week.
Yes, you can track EL ARABIA ENGINEERING INDUSTRIES financials in yearly and quarterly reports right on TradingView.
EEII net income for the last quarter is 9.99 M EGP, while the quarter before that showed 6.37 M EGP of net income which accounts for 56.99% change. Track more EL ARABIA ENGINEERING INDUSTRIES financial stats to get the full picture.
Yes, EEII dividends are paid annually. The last dividend per share was 0.037 EGP. As of today, Dividend Yield (TTM)% is 1.94%. Tracking EL ARABIA ENGINEERING INDUSTRIES dividends might help you take more informed decisions.
Like other stocks, EEII 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 EL ARABIA ENGINEERING INDUSTRIES 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 EL ARABIA ENGINEERING INDUSTRIES technincal analysis shows the buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating EL ARABIA ENGINEERING INDUSTRIES stock shows the strong buy signal. See more of EL ARABIA ENGINEERING INDUSTRIES 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.