The document provides a technical analysis of the QE Index, Al Rayan Islamic Index, and key stocks to consider in Qatar. It predicts short-term upmoves for these indexes and recommends several stocks as potential trading opportunities. These include Vodafone Qatar, Qatar Electricity & Water Co., and Doha Bank based on their technical indicators and recent price trends signaling further increases. The analysis also provides details on historical price movements and support/resistance levels for various sectors and companies.
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 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 rose 0.3% to close at 10,323.0. Gains were led by the Transportation and Industrials indices, gaining 0.8% each. Top gainers were Qatar Navigation and Al Khaleej Takaful Insurance Co., rising 3.3% and 2.0%, respectively.
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.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the what'sapp number.
+12349014282
The Rise of Generative AI in Finance: Reshaping the Industry with Synthetic DataChampak Jhagmag
In this presentation, we will explore the rise of generative AI in finance and its potential to reshape the industry. We will discuss how generative AI can be used to develop new products, combat fraud, and revolutionize risk management. Finally, we will address some of the ethical considerations and challenges associated with this powerful technology.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the what'sapp number of my personal pi merchant who i trade pi with.
Message: +12349014282 VIA Whatsapp.
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the what'sapp contact of my personal pi vendor
+12349014282
Abhay Bhutada Leads Poonawalla Fincorp To Record Low NPA And Unprecedented Gr...Vighnesh Shashtri
Under the leadership of Abhay Bhutada, Poonawalla Fincorp has achieved record-low Non-Performing Assets (NPA) and witnessed unprecedented growth. Bhutada's strategic vision and effective management have significantly enhanced the company's financial health, showcasing a robust performance in the financial sector. This achievement underscores the company's resilience and ability to thrive in a competitive market, setting a new benchmark for operational excellence in the industry.
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
how to sell pi coins in Hungary (simple guide)DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the what'sapp contact of my personal pi merchant below. 👇
+12349014282
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...
23 February Daily technical trader
1. TECHNICAL ANALYSIS: QE INDEX AND KEY STOCKS TO CONSIDER
QE Index: Short-Term – Upmove
Al Rayan Islamic Index: Short-Term – Upmove
Vodafone Qatar: Short-Term – Upmove
The QE Index continued its strong rally and moved higher around 50
points (0.42%) closing at its highest level in the last five years. The
index momentarily moved above the 11,900.0 level, but later
retreated due to profit-booking and closed at 11,872.40. The index
has been relentlessly tagging new 52-week highs and is in uptrend
mode. We believe the index may continue its bullish run and advance
toward the 11,900.0-11,915.0 levels until it trades above 11,832.0.
The QERI Index continued its uptrend and eventually surpassed the
3,382.68 level, tagging an all-time high. We believe the index may
continue its upward momentum and tag new highs until it trades
above 3,382.68. However, any dip below 3,382.68 may result in
consolidation and halt its further upmove. Meanwhile, the bullishness
in the RSI is intact in the overbought territory, while the MACD is
widening away from the signal line in a bullish manner.
VFQS managed to move above the QR12.40 level on the back of
large volumes. The stock has been in consolidation mode since
topping the rally near QR12.66 over the past few days. We believe if
the stock manages to hold onto QR12.40 a continued rise toward
QR12.66 seems possible. However, any dip below the QR12.40 level
may drag the stock to test the QR12.15 level. Thus, short-term traders
may accumulate at the current level for a target of QR12.66.
Qatar Electricity & Water Co.: Short-Term – Upmove
Al Meera Consumer Goods Co.: Short-Term – Downmove
Doha Bank: Short-Term – Upmove
QEWS moved higher around 0.94% on the back of relatively higher
volumes. However, the stock faces its next hurdle at QR194.30,
which it needs to surpass in order to gain further momentum. We
believe if the stock manages to move above this level, it may spark
additional buying interest which may push it toward QR196.0.
Meanwhile, both the RSI and the MACD lines are providing bullish
signals, thus supporting our bullish outlook for the stock.
MERS penetrated below the support of QR154.90 after holding on to
this level on Wednesday, which is a negative sign. We believe the
stock may move lower and test QR153.70. Any weakness below this
level may pull the stock further down and test QR151.0. Meanwhile,
the RSI is declining from the overbought territory, while the MACD is
stalling from the rising mode indicating a likely correction. However, if
the stock manages to regain QR154.90 it may attract buyers.
DHBK continued its upmove and tagged another new 52-week high
moving above the QR67.0 and QR67.50 levels. The stock is in
upmove mode and is showing no imminent trend reversal signs.
Moreover, the RSI is showing strength in the overbought territory,
while the MACD is pointing higher indicating continuation of this
upmove. We believe the stock may continue to advance and tag new
52-week high until it trades above the QR67.50 level.
Page 1 of 2
2. Name (Ticker)
Last Close
Trend
Short Term
Support
Long Term
First
Resistance
Second
First
Second
Qatar Exchange Index (QE Index)
11,872.40
UP
UP
11,832.00
11,754.45
11,915.72
12,000.00
Al Rayan Islamic Index (QERI Index)
3,385.85
UP
UP
3,382.68
3,350.00
3,400.00
3,430.00
Masraf Al Rayan (MARK QD)
39.05
UP
UP
38.00
36.55
40.00
41.00
Commercial Bank of Qatar (CBQK QD)
75.00
UP
UP
74.00
73.50
75.00
75.40
Doha Bank (DHBK QD)*
67.80
UP
UP
67.00
66.50
68.50
69.30
Qatar Islamic Bank (QIBK QD)
81.40
UP
UP
80.20
79.40
82.20
83.00
Qatar International Islamic Bank (QIIK QD)
74.20
UP
UP
73.30
72.80
74.50
75.00
Qatar Insurance (QATI QD)
66.50
UP
UP
65.50
64.00
66.80
67.50
National Leasing Holding Co. (NLCS QD)
29.20
DOWN
DOWN
28.50
28.00
29.95
30.10
Widam Food Co. (WDAM QD)
51.00
UP
DOWN
49.30
48.10
51.00
51.90
Al Meera Consumer Goods Co. (MERS)*
154.50
UP
UP
153.70
151.00
154.90
159.00
Industries Qatar (IQCD QD)
194.00
UP
UP
192.40
190.00
195.00
197.70
Qatar Electricity & Water Co. (QEWS QD)*
193.90
UP
UP
192.00
190.00
194.30
196.00
Gulf International Services (GISS QD)
81.70
UP
UP
81.00
79.90
82.50
84.60
Qatari Investors Group (QIGD QD)
41.55
DOWN
DOWN
41.00
39.50
43.45
44.50
Barwa Real Estate Co. (BRES QD)
32.60
UP
UP
32.00
31.60
32.85
33.50
United Development Co. (UDCD QD)
22.75
DOWN
DOWN
22.38
22.00
22.84
23.10
Ooredoo (ORDS QD)
152.60
UP
UP
149.00
145.90
153.00
155.00
Vodafone Qatar (VFQS QD)*
12.46
UP
UP
12.15
12.09
12.80
13.00
Nakilat (QGTS QD)
22.11
UP
UP
22.00
21.83
22.50
22.80
Milaha (QNNS QD)
99.80
UP
UP
99.00
98.00
101.27
103.48
Banks and Financial Services
Banks and
Consumer Goods and Services
Consumer G
Industrials
Real Estate
Telecom
Transportat
*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 55day 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.
Contacts
Saugata Sarkar
Ahmed M. Shehada
Keith Whitney
Sahbi Kasraoui
QNB Financial Services SPC
Head of Research
Tel: (+974) 4476 6534
saugata.sarkar@qnbfs.com.qa
Head of Trading
Tel: (+974) 4476 6535
ahmed.shehada@qnbfs.com.qa
Head of Sales
Tel: (+974) 4476 6533
keith.whitney@qnbfs.com.qa
Manager - HNWI
Tel: (+974) 4476 6544
sahbi.alkasraoui@qnbfs.com.qa
Contact Center: (+974) 4476 6666
PO Box 24025
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