SAU · EQUITY · ENHANCED MARKET DYNAMICS

8120

Gulf Union Alahlia Cooperative Insurance Company

SA · Financial Services · Insurance - Diversified

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EMD SCORE62/100

CURRENT COMPLETED-WEEK READ

Constructive

The balance of evidence is supportive, with some confirmation still incomplete. Conditions remain positive, but momentum has eased.

Constructive fade20% directional agreement74/100 evidence quality6/6 sources available

Completed week: 2 Oct 2026
Latest close: SAR 13.00
Evidence: 156 weeks

This report uses 2 Oct 2026. The latest completed calendar week is 9 Oct 2026; newer evidence has not yet reached this listing.

Four-week EMD change-43.1 pts

signed chart scale −100 to +100

Four-week price-10.3%

completed closing prices

Current directional run21 weeks

on the same side of EMD zero

Recent consistency13/13

recent readings above zero

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

3 supportive · 0 cautious

Enhanced Market Dynamics and the price cycle156 completed weeks · bars use the left EMD axis; price uses the right axis.

29 Sep 2023–2 Oct 2026

Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation

Confirmation markers describe price-zone departures within this saved history. Earlier markers can change as the history changes; they are not a record of signals available in real time.

Cycle position 36%Current EMD +23.34-week EMD change -43.1Full saved history price range SAR 9.36–23.92

View chart values · 156 observations

Week	Close · SAR	EMD −100 to +100	Score /100	Agreement %	Coverage %
2023-09-29	13.62	70.82	85	100	83
2023-10-06	13.58	66.23	83	100	83
2023-10-13	12.88	58.75	79	100	83
2023-10-20	12.48	36.12	68	60	100
2023-10-27	11.90	21.53	61	20	100
2023-11-03	12.86	33.46	67	33	100
2023-11-10	13.78	47.99	74	67	100
2023-11-17	15.54	67.97	84	100	100
2023-11-24	15.90	64.51	82	100	100
2023-12-01	16.04	64.93	82	100	100
2023-12-08	16.00	68.1	84	100	100
2023-12-15	15.82	61.83	81	100	100
2023-12-22	15.68	48.78	74	67	100
2023-12-29	16.08	70.12	85	100	100
2024-01-05	16.18	54.56	77	67	100
2024-01-12	15.90	53.95	77	67	100
2024-01-19	15.86	66.03	83	100	100
2024-01-26	15.30	49.47	75	67	100
2024-02-02	14.76	37.84	69	67	100
2024-02-09	15.24	49.01	75	100	100
2024-02-16	15.38	31.48	66	50	100
2024-02-23	15.56	33.58	67	60	100
2024-03-01	17.40	65.88	83	100	100
2024-03-08	17.76	63.51	82	100	100
2024-03-15	20.76	81.93	91	100	100
2024-03-22	19.24	58.8	79	67	100
2024-03-29	23.78	86.42	93	100	100
2024-04-05	22.92	62.21	81	67	100
2024-04-19	22.66	66.74	83	67	100
2024-04-26	23.72	66.48	83	67	100
2024-05-03	23.92	76.28	88	100	100
2024-05-10	22.68	49.39	75	67	100
2024-05-17	20.74	53.51	77	67	100
2024-05-24	20.06	50.93	75	67	100
2024-05-31	19.32	45.6	73	67	100
2024-06-07	18.88	39.02	70	100	100
2024-06-14	19.10	33.7	67	60	100
2024-06-28	19.10	27.31	64	50	100
2024-07-05	18.96	29.77	65	60	100
2024-07-12	19.16	25.89	63	50	100
2024-07-19	20.18	42.9	71	67	100
2024-07-26	20.66	36.77	68	60	100
2024-08-02	17.30	-10.99	45	60	100
2024-08-09	14.88	-35.76	32	67	100
2024-08-16	15.54	-24.89	38	33	100
2024-08-23	16.40	-22.74	39	33	100
2024-08-30	16.12	-34.3	33	67	100
2024-09-06	15.78	-29.79	35	60	100
2024-09-13	15.72	-30.36	35	50	100
2024-09-20	16.30	-23.28	38	20	100
2024-09-27	16.18	-33.62	33	50	100
2024-10-04	15.12	-42.88	29	67	100
2024-10-11	14.82	-42.7	29	60	100
2024-10-18	15.56	-43.5	28	100	100
2024-10-25	15.92	-40.52	30	100	100
2024-11-01	15.94	-35.81	32	100	100
2024-11-08	15.44	-29.68	35	50	100
2024-11-15	15.18	-35.98	32	100	100
2024-11-22	15.44	-28.27	36	60	100
2024-11-29	15.70	-21.27	39	50	100
2024-12-06	15.86	-19.22	40	50	100
2024-12-13	15.68	-22.0	39	50	100
2024-12-20	15.48	-26.66	37	100	100
2024-12-27	15.02	-34.91	33	100	100
2025-01-03	15.84	-5.65	47	0	100
2025-01-10	16.26	0.79	50	20	100
2025-01-17	16.60	4.81	52	33	100
2025-01-24	16.78	10.58	55	33	100
2025-01-31	16.90	14.29	57	60	100
2025-02-07	17.42	24.44	62	67	100
2025-02-14	17.48	21.11	61	33	100
2025-02-21	16.92	26.94	63	60	100
2025-02-28	16.60	24.68	62	60	100
2025-03-07	15.94	12.45	56	50	100
2025-03-14	15.20	-1.49	49	0	100
2025-03-21	14.76	-22.2	39	60	100
2025-03-28	15.12	-18.91	41	50	100
2025-04-04	14.98	-22.4	39	50	100
2025-04-11	13.84	-31.38	34	60	100
2025-04-18	14.18	-38.6	31	67	100
2025-04-25	14.22	-24.05	38	33	100
2025-05-02	14.14	-24.19	38	33	100
2025-05-09	14.10	-24.43	38	50	100
2025-05-16	14.96	-8.22	46	20	100
2025-05-23	14.98	-8.36	46	20	100
2025-05-30	14.90	-9.73	45	33	100
2025-06-06	15.42	5.05	53	33	100
2025-06-13	15.00	-4.51	48	0	100
2025-06-20	13.50	-28.64	36	67	100
2025-06-27	14.50	-8.14	46	0	100
2025-07-04	14.94	-5.37	47	33	100
2025-07-11	14.80	-5.08	47	0	100
2025-07-18	14.90	4.75	52	50	100
2025-07-25	14.22	-14.05	43	33	100
2025-08-01	14.09	-11.83	44	33	100
2025-08-08	13.06	-32.39	34	60	100
2025-08-15	12.39	-40.45	30	67	100
2025-08-22	12.73	-25.45	37	33	100
2025-08-29	13.05	-27.72	36	33	100
2025-09-05	12.14	-43.87	28	67	100
2025-09-12	11.64	-45.52	27	67	100
2025-09-19	12.18	-31.82	34	33	100
2025-09-26	12.80	-30.99	35	33	100
2025-10-03	14.00	-8.17	46	0	100
2025-10-10	13.80	-13.72	43	20	100
2025-10-17	13.29	-14.08	43	0	100
2025-10-24	12.31	-33.99	33	60	100
2025-10-31	12.00	-39.03	30	67	100
2025-11-07	11.44	-41.14	29	67	100
2025-11-14	11.02	-44.02	28	67	100
2025-11-21	11.44	-26.84	37	33	100
2025-11-28	11.42	-38.62	31	67	100
2025-12-05	11.41	-25.23	37	20	100
2025-12-12	11.30	-31.71	34	60	100
2025-12-19	10.80	-40.41	30	67	100
2025-12-26	10.60	-41.36	29	60	100
2026-01-02	10.63	-37.38	31	33	100
2026-01-09	10.38	-43.49	28	60	100
2026-01-16	10.12	-52.3	24	67	100
2026-01-23	10.67	-31.95	34	33	100
2026-01-30	11.19	-22.85	39	20	100
2026-02-06	10.82	-33.75	33	60	100
2026-02-13	10.74	-20.69	40	20	100
2026-02-20	10.50	-26.61	37	33	100
2026-02-27	9.90	-37.67	31	67	100
2026-03-06	9.36	-41.22	29	67	100
2026-03-13	9.50	-44.42	28	67	100
2026-03-20	9.50	-31.27	34	33	100
2026-03-27	10.30	-19.93	40	0	100
2026-04-03	10.39	-22.05	39	33	100
2026-04-10	11.66	15.81	58	60	100
2026-04-17	11.17	-6.53	47	0	100
2026-04-24	11.10	2.8	51	20	100
2026-05-01	11.13	4.07	52	20	100
2026-05-08	11.15	-4.0	48	20	100
2026-05-15	11.40	25.85	63	60	100
2026-05-22	11.78	30.09	65	67	100
2026-05-29	11.78	44.12	72	60	83
2026-06-05	12.53	65.51	83	100	100
2026-06-12	12.67	62.66	81	100	100
2026-06-19	13.30	73.82	87	100	100
2026-06-26	13.28	69.59	85	100	100
2026-07-03	14.38	79.51	90	100	100
2026-07-10	14.24	74.13	87	100	100
2026-07-17	14.52	75.39	88	100	100
2026-07-24	14.11	72.35	86	100	100
2026-07-31	13.59	65.7	83	100	100
2026-08-07	14.50	74.17	87	100	100
2026-08-14	14.88	73.26	87	100	100
2026-08-21	14.52	68.99	84	100	100
2026-08-28	14.58	71.36	86	100	100
2026-09-04	14.50	66.35	83	100	100
2026-09-11	15.10	72.77	86	100	100
2026-09-18	14.11	49.57	75	67	100
2026-09-25	13.30	35.28	68	60	100
2026-10-02	13.00	23.3	62	20	100

SIX SOURCES · LAST 26 OBSERVATIONS

Is support broadening or thinning?

Green is supportive, rose is cautious.
Grey means the reading is unavailable.

Reading	10 Apr	17 Apr	24 Apr	1 May	8 May	15 May	22 May	29 May	5 Jun	12 Jun	19 Jun	26 Jun	3 Jul	10 Jul	17 Jul	24 Jul	31 Jul	7 Aug	14 Aug	21 Aug	28 Aug	4 Sep	11 Sep	18 Sep	25 Sep	2 Oct
Trend	48	33	33	37	41	51	59	94	99	99	100	100	100	100	100	100	99	100	100	100	100	99	100	98	87	76
Momentum	81	80	70	66	51	64	74	78	89	89	92	91	94	91	91	88	68	83	84	83	89	75	79	64	52	43
Underlying pressure	57	72	81	86	88	88	89	89	92	94	95	96	97	97	97	96	95	94	93	92	91	87	83	73	57	44
Price & volume	89	19	51	49	21	91	68	—	72	54	68	49	65	51	52	47	49	58	54	45	48	51	67	43	43	48
Relative strength	21	10	16	16	20	29	42	42	70	73	86	89	98	98	99	97	96	98	99	98	96	97	99	96	91	91
Modeled Trend	58	59	61	62	63	65	68	72	76	79	81	83	85	87	88	89	89	90	90	90	90	90	90	90	90	89

Each cell is a finished component score from 0–100. Components can disagree even when the combined reading stays positive.

STRONGEST CURRENT SOURCE

Relative strength

91/100

LEAST SUPPORTIVE SOURCE

Momentum

43/100

WHAT WOULD CHANGE THE READ?

Three paths to keep in view

Conditional research scenarios.
No assumed price target or timing.

Continuation

Price and evidence stay together

Look for the current direction to hold across trend, pressure and relative strength. A rising price with weaker EMD is a less convincing continuation.

Change of direction

Watch for loss of support

If price keeps rising while EMD falls, inspect which readings are weakening. Broad deterioration matters more than a single soft week.

Cycle context

A range extreme is a location

An upper zone can persist during a strong advance; a lower zone can persist during a decline. Use departures, EMD direction and the related price charts together.

EARLIER COMPARABLE READINGS

What followed similar conditions?

Same ticker · similar score and direction of change.
Returns exclude costs and dividends.

4 WEEKS LATER

Too few comparisons

1 non-overlapping example. At least three are needed to display a summary.

13 WEEKS LATER

Too few comparisons

1 non-overlapping example. At least three are needed to display a summary.

How these comparisons are selected

Earlier observations must have the same constructive/fading/repair/deterioration condition, a score within ten points of today’s score and at least the same component coverage. The first 30 observations are omitted for warm-up; examples are spaced by the forward horizon to avoid overlap. Gapped return windows are excluded. The all-period comparison uses the same available history and spacing, without matching the current state. These are reconstructed observations, not a point-in-time strategy backtest or a forecast.

RECENT CYCLE HISTORY

How the current reading developed

22 May 2026Up-cycle confirmedSAR 11.78

18 Jul 2025Up-cycle confirmedSAR 14.90

23 May 2025Up-cycle confirmedSAR 14.98

1 Nov 2024Up-cycle confirmedSAR 15.94

11 Oct 2024Lower cycle zone confirmedSAR 14.82

2 Aug 2024Down-cycle confirmedSAR 17.30

17 May 2024Down-cycle confirmedSAR 20.74

22 Mar 2024Upper cycle zone confirmedSAR 19.24

THE FULL PRICE CYCLE

Follow the journey from one zone to the other

Cycle states use trailing completed-week observations.

Lower zone

Price establishes residence near the bottom of its long-cycle range. Improving EMD separates early repair from continued deterioration.

Upward journey

Price leaves the lower zone while EMD confirms improving participation. The objective is the broader move toward the upper zone, not a short weekly trade.

Upper zone

Price establishes residence near the top of its long-cycle range. A high range position can persist. Watch EMD for exhaustion and loss of support before interpreting it as a turn.

Downward journey

Price leaves the upper zone while EMD weakens. The reverse cycle remains active until lower-zone residence is confirmed again.

CURRENT READINGS