The document provides a technical analysis of the QE Index and key Qatari stocks to consider. It finds the QE Index and Al Rayan Islamic Index to be neutral in the short term. Industries Qatar is expected to bounce back after dipping below support. Masraf Al Rayan rebounded after finding support and could test higher resistance. Ooredoo continued declining and may move down further to test lower support.
The document provides a technical analysis of the QE Index, key Qatari stocks, and indices. It analyzes their short-term trends and whether they are expected to rebound, pull back further, or remain neutral. For example, it finds the QE Index is neutral in the short-term and expects it to rebound if it remains above 12,940. Qatar Electricity & Water Co. is expected to see a short-term rebound, while Masraf Al Rayan and Doha Bank are expected to experience further short-term pullbacks. The analysis also provides price targets and technical indicators like moving averages to support each assessment.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider. It analyzes the short-term trends for each as neutral, upmove, downmove, or breakout. For example, it finds the QE Index neutral in the short-term as it closed near its high, while Widam Food Co. is in a breakout as it surged above resistances. It also provides levels to watch for support, resistance, and reversals for each asset.
This document provides a technical analysis of the QE Index and key Qatari stocks to consider, offering the following assessments:
- The QE Index rebounded but may face resistance at 13,020 and support at 12,900. Industries Qatar declined and may drop further to test QR180 support. The QERI Index bounced back but needs to close above 4,350 to advance higher.
- Nakilat rebounded above resistance and may test QR23.90. Doha Bank continued declining and could push lower to QR60.10 support. Milaha cleared resistances and its reversal pattern indicates a potential test of QR94.50.
The document provides a technical analysis of the QE Index and several Qatari stocks, assessing their short-term outlook. It finds the QE Index and Al Rayan Islamic Index to be neutral in the short-term, while several stocks like Widam Food Co. and Doha Bank are seen as having an upmove potential. Gulf International Services and Qatari Investors Group are viewed as having downmove potential in the short-term. The analysis also provides support and resistance levels for the indexes and stocks.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider. It analyzes the short-term trends for each as neutral, uptrend or downtrend based on price movements and indicators. Specific stocks like Masraf Al Rayan and Qatar International Islamic Bank are seen having an uptrend and moving to new highs, while Industries Qatar is seen moving downward and struggling to stay above support. The analysis provides support and resistance levels for each stock and index.
The document provides a technical analysis of the QE Index and recommends several Qatar stocks for short-term trades. It finds that the QE Index and Al Rayan Islamic Index have rebounded after declining stretches but may face resistance. Several stocks such as Barwa Real Estate Co., United Development Co., and Vodafone Qatar jumped over 5% on large volumes and broke resistance levels, suggesting further short-term gains, while observing nearby support levels. The analysis provides price targets and trading tactics for the recommended stocks.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider, identifying short-term trends. The QE Index extended gains and remained in upbeat mode, though trimmed gains after reaching near 13,800. Barwa Real Estate cleared an important resistance level of QR42.50, indicating an upmove. The QERI Index continued its bullish momentum, scaling another record high before shedding gains through profit-booking. Qatar Islamic Bank gained over 1% and moved above QR115, tagging a fresh 52-week high on rising volumes in upmove mode.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider. It analyzes several stocks and indexes, identifying most as having an "upmove" short-term trend. Specifically, it finds the QE Index, Doha Bank, Al Rayan Islamic Index, Vodafone Qatar, and Nakilat have bullish short-term technical indicators and provides price targets for potential further gains in the coming days and weeks. Industries Qatar is the only stock identified as having a potential "pullback".
The document provides a technical analysis of the QE Index, key Qatari stocks, and indices. It analyzes their short-term trends and whether they are expected to rebound, pull back further, or remain neutral. For example, it finds the QE Index is neutral in the short-term and expects it to rebound if it remains above 12,940. Qatar Electricity & Water Co. is expected to see a short-term rebound, while Masraf Al Rayan and Doha Bank are expected to experience further short-term pullbacks. The analysis also provides price targets and technical indicators like moving averages to support each assessment.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider. It analyzes the short-term trends for each as neutral, upmove, downmove, or breakout. For example, it finds the QE Index neutral in the short-term as it closed near its high, while Widam Food Co. is in a breakout as it surged above resistances. It also provides levels to watch for support, resistance, and reversals for each asset.
This document provides a technical analysis of the QE Index and key Qatari stocks to consider, offering the following assessments:
- The QE Index rebounded but may face resistance at 13,020 and support at 12,900. Industries Qatar declined and may drop further to test QR180 support. The QERI Index bounced back but needs to close above 4,350 to advance higher.
- Nakilat rebounded above resistance and may test QR23.90. Doha Bank continued declining and could push lower to QR60.10 support. Milaha cleared resistances and its reversal pattern indicates a potential test of QR94.50.
The document provides a technical analysis of the QE Index and several Qatari stocks, assessing their short-term outlook. It finds the QE Index and Al Rayan Islamic Index to be neutral in the short-term, while several stocks like Widam Food Co. and Doha Bank are seen as having an upmove potential. Gulf International Services and Qatari Investors Group are viewed as having downmove potential in the short-term. The analysis also provides support and resistance levels for the indexes and stocks.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider. It analyzes the short-term trends for each as neutral, uptrend or downtrend based on price movements and indicators. Specific stocks like Masraf Al Rayan and Qatar International Islamic Bank are seen having an uptrend and moving to new highs, while Industries Qatar is seen moving downward and struggling to stay above support. The analysis provides support and resistance levels for each stock and index.
The document provides a technical analysis of the QE Index and recommends several Qatar stocks for short-term trades. It finds that the QE Index and Al Rayan Islamic Index have rebounded after declining stretches but may face resistance. Several stocks such as Barwa Real Estate Co., United Development Co., and Vodafone Qatar jumped over 5% on large volumes and broke resistance levels, suggesting further short-term gains, while observing nearby support levels. The analysis provides price targets and trading tactics for the recommended stocks.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider, identifying short-term trends. The QE Index extended gains and remained in upbeat mode, though trimmed gains after reaching near 13,800. Barwa Real Estate cleared an important resistance level of QR42.50, indicating an upmove. The QERI Index continued its bullish momentum, scaling another record high before shedding gains through profit-booking. Qatar Islamic Bank gained over 1% and moved above QR115, tagging a fresh 52-week high on rising volumes in upmove mode.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider. It analyzes several stocks and indexes, identifying most as having an "upmove" short-term trend. Specifically, it finds the QE Index, Doha Bank, Al Rayan Islamic Index, Vodafone Qatar, and Nakilat have bullish short-term technical indicators and provides price targets for potential further gains in the coming days and weeks. Industries Qatar is the only stock identified as having a potential "pullback".
The document provides a technical analysis of the QE Index and key Qatari stocks to consider in the short term. It finds that the QE Index and most mentioned stocks are in a short-term downtrend based on declines in price and bearish signals from momentum indicators. Specific stocks like IQCD, MERS, DHBK and BRES are suggested for short term sells with identified price targets and stop losses. The analysis also notes support and resistance levels for the indexes and stocks.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider, identifying short-term trends. The QE Index is expected to continue declining and test support at 11,338, while Qatar International Islamic Bank and Qatar Insurance are predicted to rise further. The Al Rayan Islamic Index remains in an uptrend and may set new highs, and Industries Qatar could also rise if it breaches resistance at QR180. However, Commercial Bank of Qatar is expected to continue its downward move.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider. It analyzes several stocks and indexes, including the QE Index, Commercial Bank of Qatar, Al Rayan Islamic Index, Gulf International Services, Masraf Al Rayan, Ooredoo, and others. For each, it provides the short-term outlook (neutral, pullback, rebound, etc.), recent price movements, support and resistance levels, and whether technical indicators suggest further upside or downside. The analysis will help traders and investors identify opportunities and guide their trading decisions.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider, giving short-term outlooks. It summarizes that the QE Index faces resistance at 12,400 and support at 12,350 in the short term. Qatar Insurance cleared resistance and may rally further if it stays above QR82.50. The Al Rayan Islamic Index is range-bound between 4,100-4,148 support and resistance. Gulf International Services and Al Khalij Commercial Bank are seen moving higher in the short term if they respect support levels.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider. It analyzes several stocks and indexes, assigning most a short-term outlook of neutral, bounce back, pullback or upmove. For example, it predicts the QE Index will likely remain range bound between 13,050-13,079, Qatari Investors Group will bounce back with a target of QR57.70, and Qatar Islamic Bank may drift down to support at QR108.50. Overall it uses technical indicators like moving averages and momentum to make short-term price movement predictions.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider, offering the following assessments:
- The QE Index is assessed as neutral in the short-term as it shed points but recovered from its low, while traders should watch the 55-day moving average.
- United Development Co. is assessed as poised for an upmove in the short-term as it advanced and approached a resistance level while developing a bullish candlestick pattern.
- The QERI Index is assessed as neutral in the short-term as it continued declining but buyers helped trim losses, while it is trading near the 55-day moving average.
- Milaha is assessed as primed for
The document provides a technical analysis of the QE Index and key stocks to consider in Qatar. It summarizes recent performance and provides short-term outlooks. For the QE Index, it predicts a potential higher move if the index sustains above 13,100, but risks consolidation below that level. For several stocks discussed, including MCGS, QIGD and DHBK, it outlines recent gains and resistance levels to watch in the short-term for further upmoves, but risks if those levels are broken. The document also lists support and resistance levels for 19 Qatari stocks to gauge short and long-term trends.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider for short-term trading. It analyzes the short-term trends and provides buy and sell recommendations. For the QE Index, it notes the index extended gains and faces resistance at 12,768, while support is at 12,680. For Vodafone Qatar, it recommends buying above the 55-day moving average of 18.75. Industries Qatar moved above resistance of QR178.30 and traders may buy on declines up to QR179.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider. It analyzes the short-term trends and provides support and resistance levels. The QE Index, Al Rayan Islamic Index, and most mentioned stocks are seen in a short-term downtrend or pullback, with the exception of Masraf Al Rayan, Qatari Investors Group, and a few others which are expected to bounce back or see buying interest. Technical indicators like RSI, MACD, and moving averages are also referenced to support the analyses.
The document provides a technical analysis of the QE Index and key stocks to consider in Qatar. It summarizes recent performance and provides short-term outlooks. The QE Index snapped its winning streak on profit-taking but may proceed if it clears resistance at 12,940. Barwa Real Estate showed signs of a pullback after gains. The QERI Index fell on profit-taking but the outlook is neutral above a moving average. Gulf International Services and Nakilat are seen maintaining uptrends while Vodafone Qatar may pull back further.
The document provides a technical analysis of the QE Index, key Qatari stocks, and indices. It finds that in the short-term, the QE Index and QE Al Rayan Islamic Index are trending down, along with most of the analyzed stocks, including Al Khalij Commercial Bank, Medicare Group, and Gulf International Services. Some stocks like Qatar Insurance Co. are showing an upmove in the short-term. The analysis provides support and resistance levels for determining potential downside or upside moves.
The document provides a technical analysis of the QE Index, key Qatari stocks, and indices to consider for short-term trading. It summarizes that the QE Index bounced back after four days of losses. The Al Meera and Al Rayan Islamic indices also showed signs of strength and momentum to continue moving upward. Individual stocks like Qatar Islamic Bank, Nakilat, and Medicare Group demonstrated bullish trends and signals that they may continue testing resistance levels higher in the short-term. The analysis provides support and resistance levels for these indices and stocks.
The document provides a technical analysis of the QE Index and key Qatari stocks, identifying short-term trends and support and resistance levels. It finds that the QE Index and most mentioned stocks are in a short-term downtrend and recommends watching support levels. Specific stocks like IQCD, QEWS, and QNNS breached important supports and may continue declining in the short-term, while MARK reversed its bullish trend and could also fall further. Momentum indicators for many of the stocks show bearish signals, suggesting further short-term pullbacks.
The document provides a technical analysis of the QE Index, key Qatari stocks, and indexes. It states that the QE Index and other indexes like the QERI declined in the short term and are expected to pull back further. Several stocks like GISS, NLCS, IQCD, and KCBK breached technical support levels and their short-term outlook is bearish with a potential for further decline. The analysis examines technical indicators like the RSI and MACD and identifies support and resistance levels for the indexes and stocks.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider, summarizing their short-term trends. The QE Index is neutral in the short-term as it retreated from resistance. Al Meera Consumer Goods showed a bullish pattern and may rise further. The Al Rayan Islamic Index rebounded after losses and could bounce back further by closing above resistance. Industries Qatar declined and may drift lower by testing support.
The document provides a technical analysis of the QE Index and key Qatari stocks, identifying short-term trends and levels of support and resistance. It finds that the QE Index and most mentioned stocks are in a short-term downtrend and recommends watching support levels. Industries Qatar and Doha Bank in particular have breached support and may continue pulling back, while Barwa Real Estate showed signs of a potential bounce back above resistance.
The document provides a technical analysis of the QE Index and key Qatari stocks. It identifies several stocks as experiencing a short-term pullback, including Industries Qatar, Qatar Islamic Bank, Al Rayan Islamic Index, Ooredoo, and Qatar Islamic Bank. The analysis also notes that Gulf International Services may experience a short-term rebound if it remains above a support level of QR111.90. Overall, the analysis offers short-term price predictions and identifies support and resistance levels for several Qatari stocks and indices.
- The document provides a technical analysis of the QE Index, key Qatari stocks, and their short-term trends. It analyzes whether the trends are neutral, an uptrend, or a pullback/downtrend.
- For most stocks, it identifies short-term support and resistance levels. It recommends buy/sell targets and stop loss levels based on the technical analysis.
- The analysis is based on indicators like simple moving averages, RSI, and MACD to determine trend direction and strength. It provides both a historical trend analysis and near-term outlook.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider. For the QE Index, it is neutral in the short-term as it declined after nearing a record high. Qatar Electricity & Water Co. is in an uptrend and reached a new all-time high. The Al Rayan Islamic Index is neutral as it retreated after moving above a resistance level. United Development Co. is in a pullback as it declined below moving average supports.
The document provides a technical analysis of the QE Index, key Qatari stocks, and indices to consider for short-term trading. For the QE Index, it is neutral in the short-term as it faces resistance at 13,020 and support at 12,940. Industries Qatar is described as having a short-term bounce back potential after breaching resistances. The Al Rayan Islamic Index is neutral in the short-term with support at 4,341 and resistance at 4,400 if it can remain above support. Vodafone Qatar also has a short-term bounce back potential after overcoming resistances and moving averages.
The document provides a technical analysis of the QE Index, key Qatari stocks, and indices to consider for short-term trading. It identifies several stocks as potential trades, flagging Masraf Al Rayan, Qatar Electricity & Water Co., Qatar Insurance, and Ooredoo as poised for a pullback or upmove based on breaches of technical indicators like moving averages and support/resistance levels. Overall market indices like the QE Index and Al Rayan Islamic Index are seen as neutral in the short-term.
The document provides a technical analysis of the QE Index and key Qatari stocks. It finds that the QE Index and most mentioned stocks are in a short-term downtrend and recommends selling strategies. The Al Rayan Islamic Index, Qatar Islamic Bank, and Barwa Real Estate Co. are also analyzed to be in downtrends, while Qatar Islamic Bank is expected to rebound in the short term. United Development Co. is expected to continue pulling back from recent highs.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider in the short term. It finds that the QE Index and most mentioned stocks are in a short-term downtrend based on declines in price and bearish signals from momentum indicators. Specific stocks like IQCD, MERS, DHBK and BRES are suggested for short term sells with identified price targets and stop losses. The analysis also notes support and resistance levels for the indexes and stocks.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider, identifying short-term trends. The QE Index is expected to continue declining and test support at 11,338, while Qatar International Islamic Bank and Qatar Insurance are predicted to rise further. The Al Rayan Islamic Index remains in an uptrend and may set new highs, and Industries Qatar could also rise if it breaches resistance at QR180. However, Commercial Bank of Qatar is expected to continue its downward move.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider. It analyzes several stocks and indexes, including the QE Index, Commercial Bank of Qatar, Al Rayan Islamic Index, Gulf International Services, Masraf Al Rayan, Ooredoo, and others. For each, it provides the short-term outlook (neutral, pullback, rebound, etc.), recent price movements, support and resistance levels, and whether technical indicators suggest further upside or downside. The analysis will help traders and investors identify opportunities and guide their trading decisions.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider, giving short-term outlooks. It summarizes that the QE Index faces resistance at 12,400 and support at 12,350 in the short term. Qatar Insurance cleared resistance and may rally further if it stays above QR82.50. The Al Rayan Islamic Index is range-bound between 4,100-4,148 support and resistance. Gulf International Services and Al Khalij Commercial Bank are seen moving higher in the short term if they respect support levels.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider. It analyzes several stocks and indexes, assigning most a short-term outlook of neutral, bounce back, pullback or upmove. For example, it predicts the QE Index will likely remain range bound between 13,050-13,079, Qatari Investors Group will bounce back with a target of QR57.70, and Qatar Islamic Bank may drift down to support at QR108.50. Overall it uses technical indicators like moving averages and momentum to make short-term price movement predictions.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider, offering the following assessments:
- The QE Index is assessed as neutral in the short-term as it shed points but recovered from its low, while traders should watch the 55-day moving average.
- United Development Co. is assessed as poised for an upmove in the short-term as it advanced and approached a resistance level while developing a bullish candlestick pattern.
- The QERI Index is assessed as neutral in the short-term as it continued declining but buyers helped trim losses, while it is trading near the 55-day moving average.
- Milaha is assessed as primed for
The document provides a technical analysis of the QE Index and key stocks to consider in Qatar. It summarizes recent performance and provides short-term outlooks. For the QE Index, it predicts a potential higher move if the index sustains above 13,100, but risks consolidation below that level. For several stocks discussed, including MCGS, QIGD and DHBK, it outlines recent gains and resistance levels to watch in the short-term for further upmoves, but risks if those levels are broken. The document also lists support and resistance levels for 19 Qatari stocks to gauge short and long-term trends.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider for short-term trading. It analyzes the short-term trends and provides buy and sell recommendations. For the QE Index, it notes the index extended gains and faces resistance at 12,768, while support is at 12,680. For Vodafone Qatar, it recommends buying above the 55-day moving average of 18.75. Industries Qatar moved above resistance of QR178.30 and traders may buy on declines up to QR179.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider. It analyzes the short-term trends and provides support and resistance levels. The QE Index, Al Rayan Islamic Index, and most mentioned stocks are seen in a short-term downtrend or pullback, with the exception of Masraf Al Rayan, Qatari Investors Group, and a few others which are expected to bounce back or see buying interest. Technical indicators like RSI, MACD, and moving averages are also referenced to support the analyses.
The document provides a technical analysis of the QE Index and key stocks to consider in Qatar. It summarizes recent performance and provides short-term outlooks. The QE Index snapped its winning streak on profit-taking but may proceed if it clears resistance at 12,940. Barwa Real Estate showed signs of a pullback after gains. The QERI Index fell on profit-taking but the outlook is neutral above a moving average. Gulf International Services and Nakilat are seen maintaining uptrends while Vodafone Qatar may pull back further.
The document provides a technical analysis of the QE Index, key Qatari stocks, and indices. It finds that in the short-term, the QE Index and QE Al Rayan Islamic Index are trending down, along with most of the analyzed stocks, including Al Khalij Commercial Bank, Medicare Group, and Gulf International Services. Some stocks like Qatar Insurance Co. are showing an upmove in the short-term. The analysis provides support and resistance levels for determining potential downside or upside moves.
The document provides a technical analysis of the QE Index, key Qatari stocks, and indices to consider for short-term trading. It summarizes that the QE Index bounced back after four days of losses. The Al Meera and Al Rayan Islamic indices also showed signs of strength and momentum to continue moving upward. Individual stocks like Qatar Islamic Bank, Nakilat, and Medicare Group demonstrated bullish trends and signals that they may continue testing resistance levels higher in the short-term. The analysis provides support and resistance levels for these indices and stocks.
The document provides a technical analysis of the QE Index and key Qatari stocks, identifying short-term trends and support and resistance levels. It finds that the QE Index and most mentioned stocks are in a short-term downtrend and recommends watching support levels. Specific stocks like IQCD, QEWS, and QNNS breached important supports and may continue declining in the short-term, while MARK reversed its bullish trend and could also fall further. Momentum indicators for many of the stocks show bearish signals, suggesting further short-term pullbacks.
The document provides a technical analysis of the QE Index, key Qatari stocks, and indexes. It states that the QE Index and other indexes like the QERI declined in the short term and are expected to pull back further. Several stocks like GISS, NLCS, IQCD, and KCBK breached technical support levels and their short-term outlook is bearish with a potential for further decline. The analysis examines technical indicators like the RSI and MACD and identifies support and resistance levels for the indexes and stocks.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider, summarizing their short-term trends. The QE Index is neutral in the short-term as it retreated from resistance. Al Meera Consumer Goods showed a bullish pattern and may rise further. The Al Rayan Islamic Index rebounded after losses and could bounce back further by closing above resistance. Industries Qatar declined and may drift lower by testing support.
The document provides a technical analysis of the QE Index and key Qatari stocks, identifying short-term trends and levels of support and resistance. It finds that the QE Index and most mentioned stocks are in a short-term downtrend and recommends watching support levels. Industries Qatar and Doha Bank in particular have breached support and may continue pulling back, while Barwa Real Estate showed signs of a potential bounce back above resistance.
The document provides a technical analysis of the QE Index and key Qatari stocks. It identifies several stocks as experiencing a short-term pullback, including Industries Qatar, Qatar Islamic Bank, Al Rayan Islamic Index, Ooredoo, and Qatar Islamic Bank. The analysis also notes that Gulf International Services may experience a short-term rebound if it remains above a support level of QR111.90. Overall, the analysis offers short-term price predictions and identifies support and resistance levels for several Qatari stocks and indices.
- The document provides a technical analysis of the QE Index, key Qatari stocks, and their short-term trends. It analyzes whether the trends are neutral, an uptrend, or a pullback/downtrend.
- For most stocks, it identifies short-term support and resistance levels. It recommends buy/sell targets and stop loss levels based on the technical analysis.
- The analysis is based on indicators like simple moving averages, RSI, and MACD to determine trend direction and strength. It provides both a historical trend analysis and near-term outlook.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider. For the QE Index, it is neutral in the short-term as it declined after nearing a record high. Qatar Electricity & Water Co. is in an uptrend and reached a new all-time high. The Al Rayan Islamic Index is neutral as it retreated after moving above a resistance level. United Development Co. is in a pullback as it declined below moving average supports.
The document provides a technical analysis of the QE Index, key Qatari stocks, and indices to consider for short-term trading. For the QE Index, it is neutral in the short-term as it faces resistance at 13,020 and support at 12,940. Industries Qatar is described as having a short-term bounce back potential after breaching resistances. The Al Rayan Islamic Index is neutral in the short-term with support at 4,341 and resistance at 4,400 if it can remain above support. Vodafone Qatar also has a short-term bounce back potential after overcoming resistances and moving averages.
The document provides a technical analysis of the QE Index, key Qatari stocks, and indices to consider for short-term trading. It identifies several stocks as potential trades, flagging Masraf Al Rayan, Qatar Electricity & Water Co., Qatar Insurance, and Ooredoo as poised for a pullback or upmove based on breaches of technical indicators like moving averages and support/resistance levels. Overall market indices like the QE Index and Al Rayan Islamic Index are seen as neutral in the short-term.
The document provides a technical analysis of the QE Index and key Qatari stocks. It finds that the QE Index and most mentioned stocks are in a short-term downtrend and recommends selling strategies. The Al Rayan Islamic Index, Qatar Islamic Bank, and Barwa Real Estate Co. are also analyzed to be in downtrends, while Qatar Islamic Bank is expected to rebound in the short term. United Development Co. is expected to continue pulling back from recent highs.
The document provides a technical analysis of the QE Index and key Qatari stocks. It identifies several stocks as experiencing short-term downmoves or pullbacks, including Industries Qatar, Qatar Electricity & Water Co., Nakilat, and Milaha. The QE Index and Al Rayan Islamic Index are also seen as experiencing short-term pullbacks. Technical indicators like the RSI and MACD are cited to support the analysis for most stocks. Contact information is provided at the end.
The document provides a technical analysis of the QE Index and key Qatari stocks. It analyzes the short-term and long-term trends of the indexes and stocks, identifying levels of support and resistance. For each, it suggests whether the trend is bullish and likely to continue upward or if a pullback or correction is expected in the short-term.
The document provides a technical analysis of various Qatari stock market indices and individual stocks. It analyzes the QE Index, Al Rayan Islamic Index, and several prominent Qatari stocks and assigns a short-term outlook of neutral, upmove or downmove based on technical indicators. For most stocks, it identifies key support and resistance levels and provides trading strategies such as buy/sell targets and stop loss levels.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider. It analyzes recent price movements and trends to determine short-term outlooks. The QE Index and most mentioned stocks are seen as experiencing pullbacks or downtrends in the short-term, with the exceptions of Commercial Bank of Qatar and Qatar Insurance which are seen as having upmove potential if they can sustain above certain resistance levels. Technical indicators like RSI and MACD are also referenced for each stock to support the given short-term outlook.
The document provides a technical analysis of the QE Index and key Qatari stocks, identifying short-term pull backs. It analyzes trends in the QE Index, Gulf International Services, Al Rayan Islamic Index, Milaha, Industries Qatar, and Commercial Bank of Qatar, noting they have breached support levels and predicting further downward movement. Momentum indicators for the stocks are also moving in bearish directions, showing no signs of immediate trend reversal.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider, giving short-term outlooks. The QE Index is expected to continue drifting lower. Qatari Investors Group is predicted to approach QR54 with a possible short-term rally. The Al Rayan Islamic Index may be due for consolidation after reaching a new high. Nakilat is forecasted to drift lower toward QR20.90, while Industries Qatar could rise toward QR178.30 if support at QR175 holds. Doha Bank is expected to continue weakening toward QR56.20.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider, giving short-term outlooks. The QE Index is neutral in the short-term as it closed near an important support level of 12,750. Industries Qatar is rated as a short-term pullback as it breached an important support. The Al Rayan Islamic Index is neutral as it needs to reclaim a key support level to maintain upward momentum. Qatar Insurance is rated as a short-term rebound as it found support and rebounded over 1%. Barwa Real Estate is rated as a short-term pullback as it drifted lower and breached multiple supports.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider, giving short-term outlooks. It finds the QE Index and Al Rayan Islamic Index to be neutral in the short-term, while Qatari Investors Group and Qatar Islamic Bank are seen having an upmove and bouncing back respectively. Commercial Bank of Qatar and Nakilat are seen as likely to pull back in the short-term. The analysis also provides historical trend data and support and resistance levels for consideration.
The document provides a technical analysis of the QE Index and key Qatari stocks. It analyzes the short-term trends and provides support and resistance levels. The QE Index is neutral in the short-term as it snapped its winning streak. Ooredoo is expected to drift down further and test support. Al Rayan Islamic Index halted gains but its short-term uptrend remains intact. Al Meera Consumer Goods and United Development Co. moved above resistances and their upmoves may continue if they remain above support levels. Qatar Electricity & Water Co. reversed and breached supports, indicating its preferred direction is downside.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider. It analyzes the short-term trends for various indexes and stocks, finding the QE Index and Al Rayan Islamic Index to be in uptrends, while Qatari Investors Group is in a short-term downtrend. It also provides commentary on the short-term trends for individual stocks like Al Khalij Commercial Bank, Gulf International Services, and Commercial Bank of Qatar. Technical indicators like moving averages, RSI, and MACD are referenced for each analysis.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider. It analyzes the short-term trends for each as upmove, pull back or downmove based on indicators like moving averages and momentum. For most stocks, it identifies immediate resistance and support levels. It recommends positions based on a close above or below these levels over the next 1-3 weeks.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider. It finds that the QE Index and most mentioned stocks are in an uptrend in the short-term, though some like Vodafone Qatar and Al Khalij Commercial Bank are facing downward pressure. It provides support and resistance levels for each stock and recommends some like United Development Co. as good for a short-term breakout based on surpassing resistances. The analysis utilizes tools like moving averages and RSI to determine trend directions and signals.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider, giving the following assessments:
- The QE Index dropped 0.64% and may see further retracement if it breaks below the 13,000 level support. Industries Qatar and Qatar Insurance are also assessed to be in short-term pullbacks.
- The Al Rayan Islamic Index is assessed as neutral in the short-term as it oscillates between support at 4,302 and resistance at 4,341.
- Qatar Electricity & Water Co, Ooredoo and Milaha are also expected to see downmoves and pressure on support levels in the short-term. Historical trends and support/
The document provides a technical analysis of the QE Index and key Qatari stocks to consider, analyzing their short-term trends. For the QE Index, it notes the index gained for the third consecutive session but remains in subdued mode, needing to break above 13,700 to extend its rally. Several stocks are analyzed as well, with most noted to be in uptrends supported by technical indicators like the RSI and MACD, while one stock, UDCD, is seen as potentially pulling back further. Contact information is provided on page 2.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider. For the QE Index, the analysis provides a short-term neutral outlook as the index retreated after failing to move above 13,200 and has support at 13,080. Commercial Bank of Qatar is given a short-term rebound outlook as the stock bounced back after selling pressure and cleared resistances. Al Rayan Islamic Index is given a short-term neutral outlook as it fell on profit taking but support exists at 4,445.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider, giving short-term outlooks. The QE Index is expected to see further retracement if it fails to reclaim 12,700. Al Khalij Commercial Bank rebounded and may test resistance at QR24. The Al Rayan Islamic Index recovered losses but needs to clear resistances to resume its uptrend. Ooredoo extended losses and may continue drifting lower to test support at QR141.80. Masraf Al Rayan cleared resistance and could rise to QR51 if support at QR49.75 holds. Nakilat breached support at QR23.40 and may continue heading lower to QR22.
The document provides a technical analysis of the QE Index and recommends several Qatari stocks to consider. It finds the short-term trend of the QE Index is negative while the index may witness some recovery. Several individual stocks are recommended as short-term upmoves including GISS, DHBK, and QEWS, while others like KCBK are seen in a short-term downtrend. The analysis provides support and resistance levels for the indexes and recommended stocks.
The document provides a technical analysis of the QE Index and key Qatari stocks to consider. It analyzes the short-term trends and outlook for several indices and stocks, finding most to be in a downward or pullback trend in the short-term. It identifies support and resistance levels for each and suggests whether bounces or further declines are expected pending breakthroughs of those levels. The analysis aims to help traders and investors determine preferred near-term directions.
QNBFS Daily Market Report December 24, 2023QNB Group
The QE Index rose 0.8% to close at 10,285.3. Gains were led by the Transportation and Banks & Financial Services indices, gaining 1.4% and 1.2%, respectively.
QNBFS Daily Technical Trader Qatar - October 10, 2023 التحليل الفني اليومي لب...QNB Group
The document provides a daily technical analysis of the QE Index and QATAR INSURANCE CO stock. For the QE Index, it notes the index remains in a downtrend but is approaching a support level of 9,700, where long positions could be taken. It provides expected resistance and support levels. For QATAR INSURANCE CO stock, it notes the stock has not fallen as much as others and the uptrend remains intact above moving averages, though liquidity is low. It provides expected price targets and resistance/support levels for the stock. Definitions of technical analysis terms like candlesticks, support, and simple moving average are also included.
QNBFS Daily Market Report October 04, 2023QNB Group
The QE Index rose 0.2% to close at 10,273.3. Gains were led by the Transportation and Consumer Goods & Services indices, gaining 1.7% and 0.1%, respectively.
QNBFS Daily Technical Trader Qatar - October 04, 2023 التحليل الفني اليومي لب...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Technical Trader Qatar - September 28, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Market Report September 24, 2023QNB Group
- The QE Index in Qatar rose 0.3% led by gains in the Transportation and Industrials indices. Qatar Navigation and Al Khaleej Takaful Insurance were the top gainers.
- Regional markets were mixed with Saudi Arabia down 1% but Abu Dhabi up marginally. Economic data from the US and Europe was mixed.
- In Qatar news, QR500mn in bills were sold at a yield of 5.755% and Gulf International Services approved final merger agreements. Ooredoo also signed an MoU to support businesses in Qatar free zones.
QNBFS Daily Technical Trader Qatar - September 24, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Technical Trader Qatar - September 19, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to sustain its breakout above the double-bottom formation’s neckline and continued with its decline into the formation’s territory.
QNBFS Daily Market Report September 17, 2023QNB Group
The QE Index declined 0.5% to close at 10,319.3. Losses were led by the Industrials and Consumer Goods & Services indices, falling 1.4% and 1.1%, respectively.
QNBFS Daily Technical Trader Qatar - September 07, 2023 التحليل الفني اليومي ...QNB Group
The General Index failed to
sustain its breakout above the
double-bottom formation’s
neckline and continued with
its decline into the
formation’s territory.
QNBFS Daily Technical Trader Qatar - September 07, 2023 التحليل الفني اليومي ...
18 June Daily technical trader
1. Page 1 of 2
TECHNICAL ANALYSIS: QE INDEX AND KEY STOCKS TO CONSIDER
QE Index: Short-Term – Neutral
The QE Index extended its losses for the third straight session and
shed around 42 points (-0.34%). However, the index witnessed a
stunning recovery and reversed after touching its intraday low of
12,366.29, developing a Doji formation indicating indecision.
Meanwhile, the index is currently trading close to its immediate
support of 12,500.0. We believe if the index manages to stay above
this level it may rebound, or else it may result in bearish implications.
Industries Qatar: Short-Term – Bounce Back
IQCD momentarily dipped below its support of QR178.30 yesterday,
but reversed by gaining 0.51% and developed a bullish piercing
candlestick pattern. This pattern usually indicates a bullish signal.
Moreover, the RSI is showing signs of a recovery, which is a positive
sign. Thus, traders could consider buying the stock at the current level
and on declines down to QR178.50 for a target of QR180.0, followed
by QR181.40 with a strict stop loss of QR178.30.
Al Rayan Islamic Index: Short-Term – Neutral
The QERI Index continued to move south for the third consecutive
day and fell by -0.09%. Meanwhile, the index momentarily penetrated
below its key support of the 4,148.0 level, but later recouped majority
of its losses as buyers stepped in and quickly offset its weakness.
However, the index faces its immediate resistance of the 55-day
moving average, which it needs to clear for the bulls to be back in
action; until then the bears may continue to dominate.
Qatar Electricity & Water Co.: Short-Term – Pullback
QEWS drifted lower and further penetrated below its supports of the
55-day moving average and QR185.0 in a single swoop. Notably,
volumes were also large on the decline which is a negative sign.
Moreover, the RSI is moving down further from the mid-line, while the
MACD is growing more bearish with no immediate trend reversal
signs. Thus, traders could consider selling at the current level for a
target of QR182.0 with a stop loss of QR185.0.
Masraf Al Rayan: Short-Term – Rebound
MARK found support at the 55-day moving average and bounced
back gaining by 1.16%. Moreover, the stock halted its decline and
moved higher with increased participation reflecting optimism among
traders. The stock is currently trading exactly on top of its resistance
of QR52.30. We believe if the stock manages to cling onto QR52.30
on a closing basis it may proceed ahead and test QR55.0. However,
any retreat below QR52.30 may drag the stock to test QR51.80.
Ooredoo: Short-Term – Downmove
ORDS continued its declining mode and breached its important
supports of QR141.80, QR139.0 and QR137.50 in a single trading
session caving under heavy selling pressure. Moreover, with both the
momentum indicators in downtrend mode, ORDS’ preferred direction
seems to be on the downside. Thus, we believe the stock may move
down further and test QR133.50. However, if the stock manages to
climb above QR137.50 it may halt its downmove.
2. Contacts
Saugata Sarkar Abdullah Amin, CFA Shahan Keushgerian Sahbi Kasraoui Ahmed Al-Khoudary QNB Financial Services SPC
Head of Research Senior Research Analyst Senior Research Analyst Manager - HNWI Head of Sales Trading – Institutional Contact Center: (+974) 4476 6666
Tel: (+974) 4476 6534 Tel: (+974) 4476 6569 Tel: (+974) 4476 6509 Tel: (+974) 4476 6544 Tel: (+974) 4476 6548 PO Box 24025
saugata.sarkar@qnbfs.com.qa abdullah.amin@qnbfs.com.qa shahan.keushgerian@qnbfs.com.qa sahbi.alkasraoui@qnbfs.com.qa ahmed.alkhoudary@qnbfs.com.qa Doha, Qatar
DISCLAIMER: This publication has been prepared by QNB Financial Services SPC (“QNBFS”) a wholly-owned subsidiary of Qatar National Bank (“QNB”). QNBFS is regulated by the Qatar Financial Markets Authority and the Qatar Exchange; QNB is
regulated by the Qatar Central Bank. This publication expresses the views and opinions of QNBFS at a given time only. It is not an offer, promotion or recommendation to buy or sell securities or other investments, nor is it intended to constitute legal,
tax, accounting, or financial advice. We therefore strongly advise potential investors to seek independent professional advice before making any investment decision. Although the information in this report has been obtained from sources that QNBFS
believes to be reliable, we have not independently verified such information and it may not be accurate or complete. While this publication has been prepared with the utmost degree of care by our analysts, QNBFS does not make any representations or
warranties as to the accuracy and completeness of the information it may contain, and declines any liability in that respect. QNBFS reserves the right to amend the views and opinions expressed in this publication at any time. It may also express
viewpoints or make investment decisions that differ significantly from, or even contradict, the views and opinions included in this report.
COPYRIGHT: No part of this document may be reproduced without the explicit written permission of QNBFS.
Page 2 of 2
*These stocks are today’s suggested ideas
Overall Methodology: The charts and descriptions on Page 1 provide an indicative view of the future direction of the equities mentioned. The table on page 2 has been provided to denote historical movements in certain stocks. The historical trend analysis uses 21- and 55-
day SMAs for indicating short-term and long-term trends, respectively. Based on these SMAs, the historical direction of the trend is denoted as UP, DOWN or FLAT.
Selection of Key Stocks of the Day: Key stocks’ selection is based on our analysis of 19 members of the QE Index (excludes QNBK QD). Analysis includes identifying trends (short-term as well as long-term), patterns and support/resistance levels.
Trend Direction: The methods used to determine trend direction are subjective in nature. We use 21-day SMA and 55-day SMA, absolute price movements, price movements relative to SMAs and accurately drawn trend lines and chart patterns to determine the short- and
long-term trends.
Investment Horizon: The definition of short term and long term depends upon investors’ preferences and their investment objectives. As a rule of thumb, the time horizon for traders/short-term trend is 1-3 weeks while it is 1-3 months for investors/long-term trend.
Combining Technical and Fundamental Analysis: Investors can combine technical analysis (TA) with fundamental analysis (FA) to maximize their investment returns. While the “True Value” of stocks could be estimated by FA, the entry and exit timings could be fine
tuned using technical analysis to benefit from short-term movements in stock prices.
Trading Tactics: The trend direction should be analyzed based on the time-horizon of your investments. In general, investors attempt selling close to resistance levels during a downtrend and attempt buying close to support levels during uptrend.
Definitions:
1> Simple Moving Average (SMA): A SMA is the average of the closing price of a security for a given period.
2> RSI (Relative Strength Index): A technical momentum indicator that ranges from 0 to 100 and compares the stock’s recent price movements by evaluating recent gains and losses. Stocks with RSI above 70 could be considered overbought and below 30 could be
considered oversold. If the RSI falls below 70, it is a bearish signal. On the other hand, if the RSI rises above 30 it is considered bullish. We use a RSI of 14 days.
3> MACD (Moving Average Convergence Divergence): MACD denotes the relationship between two moving averages, which is used to spot changes in strength, direction, momentum and duration of a stock price trend. The MACD is calculated by subtracting the 26-day
exponential moving average (EMA) from the 12-day EMA. A nine-day EMA of the MACD, called the signal line, is also plotted on top of the MACD, functioning as a trigger for buy/sell signals. The MACD line above the signal line provides a positive signal and vice versa.
Name (Ticker) Last Close Trend Support Resistance
Short Term Long Term First Second First Second
Qatar Exchange Index (QE Index) 12,520.36 DOWN DOWN 12,513.65 12,465.50 12,678.84 12,768.18
Al Rayan Islamic Index (QERI Index) 4,191.46 DOWN DOWN 4,148.08 4,100.00 4,231.77 4,247.18
Banks and Financial Services Banks and
Masraf Al Rayan (MARK QD)* 52.30 DOWN UP 51.80 49.75 52.30 55.00
Commercial Bank of Qatar (CBQK QD) 64.70 DOWN DOWN 64.15 63.60 64.92 65.75
Doha Bank (DHBK QD) 58.20 DOWN DOWN 57.40 56.50 59.00 60.10
Qatar Islamic Bank (QIBK QD) 93.30 DOWN UP 91.50 90.00 93.90 96.00
Qatar International Islamic Bank (QIIK QD) 80.50 DOWN DOWN 78.90 78.30 80.70 83.00
Qatar Insurance (QATI QD) 77.00 DOWN UP 77.00 76.00 78.00 79.00
Al Khalij Commercial Bank (KCBK QD) 22.05 DOWN DOWN 21.90 21.49 22.50 22.90
Consumer Goods and Services Consumer G
Medicare Group (MCGS QD) 83.80 DOWN DOWN 83.00 81.70 85.00 87.80
Al Meera Consumer Goods Co. (MERS QD) 168.00 DOWN DOWN 164.00 159.00 171.00 175.00
Industrials Industrials
Industries Qatar (IQCD QD)* 179.00 DOWN DOWN 178.30 175.50 180.00 181.40
Qatar Electricity & Water Co. (QEWS QD)* 183.50 DOWN DOWN 182.00 180.00 185.00 188.00
Gulf International Services (GISS QD) 90.80 DOWN FLAT 90.00 86.60 91.40 93.00
Qatari Investors Group (QIGD QD) 60.30 DOWN DOWN 59.70 57.80 61.30 62.40
Real Estate Real Estate
Barwa Real Estate Co. (BRES QD) 39.00 DOWN UP 38.40 37.40 39.20 39.70
United Development Co. (UDCD QD) 24.68 DOWN DOWN 24.50 24.00 24.75 25.30
Telecom Telecom
Ooredoo (ORDS QD)* 136.00 DOWN DOWN 133.50 132.00 137.50 139.00
Vodafone Qatar (VFQS QD) 19.60 DOWN UP 19.29 18.75 20.00 20.79
Transportation Transportat
Nakilat (QGTS QD) 23.02 DOWN DOWN 23.00 22.45 23.40 23.90
Milaha (QNNS QD) 90.50 DOWN DOWN 90.00 88.70 91.30 93.00