Arab National Bank

1080.SR · Financial Services · · SAR

22.63 SAR

0.00 (-0.44%)

● Updated 2026-09-07 20:30 Saudi Time ↻ Refresh

Short-term Mid-term Long-term

Fahodi Score BUY Long-term (Investment)

/ 100

Technical 75

Trend & RS 83

Momentum 65

Fundamental 78

Macro 59

Liquidity 48

Component	Score	Weight
Technical	75.0	10%
Trend & RS	82.6	10%
Momentum	64.7	5%
Fundamental	77.8	40%
Macro	59.4	15%
Liquidity	47.6	20%

Trade Setup

Entry	22.63
Stop Loss	21.93 (3.1%)
Target 1 (1:1)	23.33 (+3.1%)
Target 2 (2:1)	24.03 (+6.2%)

ATR(14)	0.35 (1.6%)
Risk per Share	0.70
Reward:Risk	2:1

ATR-based levels. Adjust for support/resistance zones.

Factor Profile

Factor	Score	Z
Value	93.2	+1.73
Momentum	64.7	+0.59
Quality	71.0	+0.84
Composite	76.3

Quality Scores

Piotroski F-Score 5 /9 — Average

✓ ✓ ✗ ✗ ✗ ✗ ✓ ✓ ✓

1. Positive Net Income 2. Positive Roa 3. Positive Cfo 4. Quality Earnings 5. Lower Leverage 6. Higher Liquidity 7. No Dilution 8. Higher Gross Margin 9. Higher Asset Turnover

Altman Z-Score 15.13 — Safe Zone

Distress <1.81Grey 1.81–2.99>2.99 Safe

Valuation vs Peers Undervalued

Metric	Stock	Sector	vs Peers
P/E Ratio	8.5	18.0	-53% below
P/B Ratio	1.1	2.5	Below
Dividend Yield	5.7%	2.0%	Above avg

Comparing against Financial Services median multiples.

Trading at a discount to sector peers — potential value opportunity.

Intrinsic Value (DCF) Significantly Undervalued

Intrinsic Value

43.49

Market Price

22.63

Upside

+92.2%

Margin of Safety	+48.0%
Stage 1 PV (5yr FCF)	20,867,903,211
Terminal Value PV	65,451,877,898
Total Enterprise Value	86,319,781,109

Assumptions

Base FCF	4,208,200,000
Growth Rate (5yr)	8.7%
Terminal Growth	2.5%
Discount Rate (WACC)	9.0%

2-stage DCF: 5yr projected FCF + Gordon Growth terminal value. Estimates only — adjust growth and WACC for your own assumptions.

Position Sizing — Kelly Criterion

4.5%

Recommended Size

44.83%

Full Kelly

22.42%

Half Kelly

5.0%

Max Cap (Moderate)

Kelly inputs derived from quant score 68/100. Estimated win rate 61%, avg win 9.1%, avg loss 3.6%. Position was capped at the moderate risk maximum. This is analytical output, not a recommendation to trade.

BEAR Regime: BEAR (20% confidence) — position size reduced 10%

Signal Summary STRONG BUY

Bullish Signals

Bearish Signals

59.3

RSI(14)

0.292

MACD

Relative Strength (RS) NEUTRAL

/ 99

RS Rating

O'Neil filter: <80

RS vs TASI	↑ RISING (+14.8% vs TASI 3M)
RS vs Sector	OUTPERFORMING (Financial Services)
RS New High	No (9d since high)
Sector Outperformance	+8.8% (3M)

RS Line — stock / TASI (90 bars)

← older newer →

RS vs TASI 50-day SMA of RS

NEUTRAL: In line with the market — no strong outperformance or underperformance.

Technical Indicators

Indicator	Value	Signal
Rsi	59.3	NEUTRAL
Macd	0.292	BEARISH
Ma Cross	21.56 / 20.86	GOLDEN CROSS
Trend Short		ABOVE SMA50
Trend Long		ABOVE SMA200
Bollinger		MIDDLE
Volume	0.75x	NORMAL

Key Levels

Level	Price
52-Week High	26.26
Bollinger Upper	22.95
SMA(200)	20.86
SMA(50)	21.56
SMA(20)	22.39
Current Price	22.63
Bollinger Lower	21.83
52-Week Low	19.60
ATR(14)	0.35

Advanced Technical Analysis

Click to expand

Wyckoff Phase & Volume Spread Analysis

Wyckoff Phase

Insufficient data for Wyckoff analysis.

Volume Spread Analysis (last 5 bars)

Date	Signal	Vol	Description
2026-09-01	Normal	2.16x	Normal bar — no special VSA pattern
2026-09-02	Normal	1.57x	Normal bar — no special VSA pattern
2026-09-03	Normal	1.11x	Normal bar — no special VSA pattern
2026-09-06	Normal	1.11x	Normal bar — no special VSA pattern
2026-09-07	Normal	0.75x	Normal bar — no special VSA pattern

Ichimoku Cloud BULLISH

Line	Value	Status
Tenkan-sen (9)	22.54	Above Kijun
Kijun-sen (26)	22.28	Base line
Senkou A	22.41	Leading span A
Senkou B	21.46	Leading span B
Cloud	21.46 – 22.41	Bullish (Green)
Price vs Cloud	22.63	Above Cloud
Chikou Span	21.88	Bullish
Alignment Score	4/4	BULLISH