2220

National Metal Manufacturing and Casting Co.

SA Basic Materials Steel

Latest week
17 Jul 2026
Close
12.180000
Fair value
16.230256
Next-week expectancy
Undecided 48.37%
Sharemaestro

2220 Chart Pack

National Metal Manufacturing and Casting Co.

Exchange
SAU
Latest week
17 Jul 2026
Close
12.180000
Fair value
16.230256
Next-week expectancy
Undecided 48.37%
Generated
21 Jul 2026 20:43
Sector
Basic Materials
Industry
Steel

Chart Summary

Over the latest 12 completed weeks ending 2026-07-17, 2220 fell 2.64%, moving from 12.51 to 12.18. The latest weekly close is below the Trend Line and below Fair Value. Trend Signal is inactive on the latest week and was active in 0 of the last 12 weeks. Relative Strength is -11.43 and has improved across the 12-week window. Market Dynamics is 1.10 on the latest week. Next-week expectancy is undecided at 48.37% based on similar historical setup states.

Key Points

Week Ending
17 Jul 2026
Latest Close
12.18
12-Week Change
-2.64%
Trend Signal
Inactive
Next-Week Expectancy
Undecided 48.37%
Signal Weeks
0 of 12
Vs Trend Line
Below
Vs Fair Value
Below
Relative Strength
-11.43
Market Dynamics
1.10

Weekly Price

Weekly Close Trend Line Fair Value Activity Lines

Chart Panels

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Chart Summary

Key Points

Week Ending
17 Jul 2026
Latest Close
12.18
12-Week Change
-2.64%
Trend Signal
Inactive
Next-Week Expectancy
Undecided 48.37%
Signal Weeks
0 of 12
Vs Trend Line
Below
Vs Fair Value
Below
Relative Strength
-11.43
Market Dynamics
1.10

Over the latest 12 completed weeks ending 2026-07-17, 2220 fell 2.64%, moving from 12.51 to 12.18. The latest weekly close is below the Trend Line and below Fair Value. Trend Signal is inactive on the latest week and was active in 0 of the last 12 weeks. Relative Strength is -11.43 and has improved across the 12-week window. Market Dynamics is 1.10 on the latest week. Next-week expectancy is undecided at 48.37% based on similar historical setup states.

Industry Peers

Saudi Arabia equities in Steel

Stock Exchange Week Open High Low Close Change
9588 Riyadh Steel Co. SAU 17 Jul 2026 1.31 1.36 1.30 1.36 3.82%
9513 Watani Iron Steel Company SAU 17 Jul 2026 2.09 2.25 2.05 2.15 2.87%
9523 Group Five Pipe Saudi Company SAU 17 Jul 2026 57.00 59.75 55.50 58.00 1.75%
1321 East Pipes Integrated Company for Industry SAU 17 Jul 2026 224.20 227.60 217.00 223.00 -0.54%
9563 BENA Steel Industries SAU 17 Jul 2026 33.78 33.78 30.52 32.78 -2.96%
1304 Al Yamamah Steel Industries Company SAU 17 Jul 2026 41.70 42.26 39.82 39.90 -4.32%
2200 Arabian Pipes Company SAU 17 Jul 2026 7.28 7.34 6.88 6.92 -4.95%
1320 Saudi Steel Pipes Company SAU 17 Jul 2026 52.00 52.60 48.60 49.36 -5.08%
9510 National Building and Marketing Co. SAU 17 Jul 2026 48.18 49.98 44.40 45.00 -6.60%
9553 Molan Steel Company SAU 17 Jul 2026 1.18 1.25 0.98 0.98 -16.95%

Next-week expectancy

Next-week expectancy is a short-term historical read. It compares the latest completed-week setup with broadly similar past setups and asks whether the following week tended to close higher or lower.

It is not a trend call, a price target, or a guarantee. A positive read can appear while price is below trend or activity pressure is weak, because it is measuring short-term follow-through odds for the current setup state.

Use it as one context layer beside Trend Line, Relative Strength, Market Dynamics, Fair Value, and the visible price structure.