
Technical Trader Report Highlights January 2025
Get key insights from the latest technical trader report for January 2025, covering indices like QE Index, and stocks like Ooredoo, MARK, IQCD, and QGTS. Understand market trends, support and resistance levels, and indicators like MA, RSI, and DMI signals.
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Technical Trader Report 8 January 2025 2025 8 Prepared by Wasata Financial Advisory Department
QE Index 34 10451 . 50 . 10300 . 10600 . ShortMA Bearish On Tuesday, the main index lost 34 points, closing at 10,451 points, near its current support area, with RSI indicator below 50. In that case, if there is more selling pressure below the current support area, the main index might reach the 10,300 point while the 10,600 level defines the upper range for the current consolidation area. Long MA Bearish DMI Negative ADX Signal Weak Trend RSI Neutral BollingerBands Lower Extreme Resistance 2 - 2 Resistance 1 10,747 1 Close 10,451 Support 1 10,374 1 Support 2 10,143 2 The chart is a daily candlestick with a 1-year timeframe. On the chart are displayed Fibonacci retracements used as support & resistance levels in the table. The technical indicator at the bottom of the chart is the RSI (14). . ( .) . " "
Ooredoo ORDS ShortMA Bullish Long MA Bullish DMI Negative ADX Signal Weak Trend RSI Neutral BollingerBands Upper Extreme Resistance 2 - 2 Resistance 1 11.990 1 Close 11.790 No. of Shares Traded % ofTotal Volume Traded Value %of Total Value Volatility(1 yr) Daily% Support 1 11.309 1 % % Support 2 10.888 2 +0.34% 2,805,826 2.2% 32,965,680 8.8% 23.1% The chart is a daily candlestick with a 1-year timeframe. On the chart are displayed Fibonacci retracements used as support & resistance levels in the table. The technical indicator at the bottom of the chart is the RSI (14). . ( .) . " "
MARK ShortMA Bearish Long MA Bullish DMI Positive ADX Signal Strong Trend RSI Neutral BollingerBands Neutral Resistance 2 2.530 2 Resistance 1 2.467 1 Close 2.465 No. of Shares Traded % ofTotal Volume Traded Value %of Total Value Volatility(1 yr) Daily% Support 1 2.416 1 % % Support 2 2.365 2 +0.20% 11,822,216 9.2% 29,114,260 7.8% 22.5% The chart is a daily candlestick with a 1-year timeframe. On the chart are displayed Fibonacci retracements used as support & resistance levels in the table. The technical indicator at the bottom of the chart is the RSI (14). . ( .) . " "
IQCD ShortMA Bullish Long MA Bearish DMI Positive ADX Signal Weak Trend RSI Neutral BollingerBands Neutral Resistance 2 13.790 2 Resistance 1 13.193 1 Close 13.070 No. of Shares Traded % ofTotal Volume Traded Value %of Total Value Volatility(1 yr) Daily% Support 1 12.824 1 % % Support 2 12.525 2 -0.83% 2,129,265 1.7% 27,846,690 7.4% 19.4% The chart is a daily candlestick with a 1-year timeframe. On the chart are displayed Fibonacci retracements used as support & resistance levels in the table. The technical indicator at the bottom of the chart is the RSI (14). . ( .) . " "
QGTS ShortMA Bearish Long MA Bearish DMI Negative ADX Signal Strong Trend RSI Neutral BollingerBands Neutral Resistance 2 4.449 2 Resistance 1 4.230 1 Close 4.105 No. of Shares Traded % ofTotal Volume Traded Value %of Total Value Volatility(1 yr) Daily% Support 1 4.056 1 % % Support 2 3.881 -0.02% 6,324,849 4.9% 25,942,410 6.9% 23.8% 2 The chart is a daily candlestick with a 1-year timeframe. On the chart are displayed Fibonacci retracements used as support & resistance levels in the table. The technical indicator at the bottom of the chart is the RSI (14). . ( .) . " "
DUBK ShortMA Bullish Long MA Bullish DMI Negative ADX Signal Strong Trend RSI Neutral BollingerBands Neutral Resistance 2 3.848 2 Resistance 1 3.739 1 Close 3.670 No. of Shares Traded % ofTotal Volume Traded Value %of Total Value Volatility(1 yr) Daily% Support 1 3.631 1 % % Support 2 3.496 2 -2.91% 5,695,375 4.4% 21,418,200 5.7% 19.3% The chart is a daily candlestick with a 1-year timeframe. On the chart are displayed Fibonacci retracements used as support & resistance levels in the table. The technical indicator at the bottom of the chart is the RSI (14). . ( .) . " "
Daily Ownership Changes Top Stocks Traded by Foreigners Top Stocks Traded by Qataris DHBK MARK MRDS 1.90 3.90 QGTS 1.70 1.33 MEZA QAMC ORDS CBQK 1.22 0.84 1.19 0.74 ERES DUBK 0.35 Ooredoo 0.69 DUBK ORDS QAMC MEZA -0.69 -0.35 Ooredoo -0.74 -1.19 ERES CBQK -0.84 -1.22 MRDS MARK QGTS -1.16 -1.68 DHBK -3.90 -1.88 The above two charts display the top 5 bought and the top 5 sold stocks by Qataris and foreigners between this session and the previous one. The data is in million of shares. . . 5 5
Definitions & Disclaimer Strategy Values Explanation Indicator Explanation Bearish The current/closingprice is below the 20days moving average Short MA Bullish The current/closingprice is above the 20days moving average The simple moving average SMA is calculated by adding the closing price of a security for a number of periods then dividing this total by the number of time periods. Bearish The current/closingprice is below the 50days moving average Long MA Bullish The current/closingprice is above the 50days moving average Negative When the value of the DMI-is above the DMI+ The Directional Movement Index DMI shows the directional movement of a security using today s high and low prices relative to the previous day s high and low prices. DMI Positive When the value of the DMI+ is above the DMI- StrongTrend When the ADX value is above25 ADX The Average Directional Index ADX determines the strengthof a price trend of a security. WeakTrend When the ADX value is below25 Overbought When the RSI value is above 70 The Relative StrengthIndex RSI measures the velocity of a security's price movement to identify overbought and oversold conditions. RSI Oversold When the RSI value is below30 Neutral When the RSI value is between 30 and 70 Upper Extreme When the current/closing price is within 1%of the upper band s value Bollinger Bands are constructedby using the standard deviation of a SMA. Upper and lower bands are plotted above and the below the moving average at a specified level of standard deviations. When the price touches or pushes through the upper band, this is often read as the security is overbought. The lower band of the Bollinger Bands helps identify oversold conditions. Bollinger Bands Lower Extreme When the current/closing price is within 1%of the lower band s value Neutral When the priceis within the lower and upper bands values Disclaimer The information containedwas obtainedfrom various public sources believed to be reliable,but wedo not guarantee its accuracy.Wasata Financial Securities makes no representations orwarranties (express or implied) regarding the data andinformation provided and Wasata Financial Securitiesdoesnotguaranteethattheinformationcontentofthisdocumentiscomplete,orfreefromanyerror,notmisleading,orfitforanyparticularpurpose.Thisreportdocumentprovidesgeneralinformationonly.Neithertheinformationnoranyopinionexpressedconstitutesanofferor aninvitationtomakeanoffer,tobuyorsellanysecuritiesorotherinvestmentproductsrelatedtosuchsecuritiesorinvestments. Thisreportdocumentcontainedissubjecttochangewithoutpriornotice.Wasataassumesnoresponsibilitytoupdatetheinformationinthisreportdocument.Republishingmaterialwithoutindicatingthesource,isprohibited,anditisnotallowedtomakechangesandmodificationstothe contentwhenrepublishingit.
20 / 20 / 50 / 50 / 25 25 70 30 30 70 / % 1 . . . / % 1 . Disclaimer The information containedwas obtainedfrom various public sources believed to be reliable,but wedo not guarantee its accuracy.Wasata Financial Securities makes no representations orwarranties (express or implied) regarding the data andinformation provided and Wasata Financial Securitiesdoesnotguaranteethattheinformationcontentofthisdocumentiscomplete,orfreefromanyerror,notmisleading,orfitforanyparticularpurpose.Thisreportdocumentprovidesgeneralinformationonly.Neithertheinformationnoranyopinionexpressedconstitutesanofferor aninvitationtomakeanoffer,tobuyorsellanysecuritiesorotherinvestmentproductsrelatedtosuchsecuritiesorinvestments. Thisreportdocumentcontainedissubjecttochangewithoutpriornotice.Wasataassumesnoresponsibilitytoupdatetheinformationinthisreportdocument.Republishingmaterialwithoutindicatingthesource,isprohibited,anditisnotallowedtomakechangesandmodificationstothe contentwhenrepublishingit.