ADNOCGAS is looking good and about to breakoutADX:ADNOCGAS is trading about 200 and 50 MA with bullish price action. Long the breakout of 3.23 AED, targets are shown on the chart. Stop daily close below 3.06 AED.
Not financial advice, only my view
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
0.24 AED
17.34 B AED
65.76 B AED
7.67 B
About ADNOC Gas plc
Sector
Industry
CEO
Ahmed Mohammed Al-Ebri
Website
Headquarters
Abu Dhabi
ISIN
AEE01195A234
FIGI
BBG01FKC2SH4
ADNOC Gas Plc engages in the processing of natural, industrial, and all composites of gas. It is also involved in the issuance of shares in connection with its capitalization. The company was founded on December 8, 2022 and is headquartered in Abu Dhabi, United Arab Emirates.
EMIRAT ARABE ADNOC GAS DOWNPeriod: D1 Current trend: bearish Analysis: based on price trends, ITC, high/low volume indicators and also QQE
forecast: bearish
after a retest break of the daily order block at the 2.9 round figure, the price will make a descent to the order block. there will be a reversal of the trend for some
ADNOC GAS (ADX), to target 3.82 after crossing resistanceDaily chart, the stock ADNOC GAS is trading between support and resistance lines since mid June 2023.
A Triangle chart pattern is being formed - After the price clearly crosses the resistance line (BLUE), around 3.15 - 3.16, then the target will be 3.82, passing through some resistance levels as s
ADNOCGAS: Buy ideaOn ADNOCGAS as you see on the chart we will have a hight probability to have an uptrend if only if we have the breakout with force the resistance line by a big green candle follow by a large green volume.Thanks!
A new wave up in ADNOC GASADNOC Gas Processing is a natural gas producing company and the largest gas processing complex in Abu Dhabi.
The share of ADNOC GAS went up in an impulse from march 2023 and completed the impulse wave up by august 2023
From Aug. 2023 to Oct 2023 the share corrected 61.8% of the entire rise in the f
Adnoc GasI think ADNOC Gas's decline has ended
First, it reached the target of the head and shoulders pattern and began to fluctuate horizontally without breaking the last low of 3.08
Secondly, the target of the aforementioned model coincided with the second most important support area
Third, the histogram b
Pullback then may rise to 3.64.The descending channel is broken and after the pullback to the range of 3.43, the price may rise to 3.64.
entery : 3.43
target : 3.64
ST : 3.39
TP : 3.63
Scary & safeTrend
For now its still looking safe and in a uptrend, but i hope its not forming a head & shoulder pattern. If the pattern is confirmed then be ready for a selling scenario till about 3.30 zone
New High
On the other side, if it manages to close above 3.60 this will be a good sign that its read
long term bullish and looks positive on an uptrend and looks very interesting after a small drop for accumulation and now going to the 4 aed territory by September will the show the potential
Lets WaitAdnoc gas is stuck with the rectangle lets wait for the breakout to confirm the trend, this will be a wait and watch game as let it decide the trend, let the big boys buy this stock and then we will make the entry.
Hit like & follow guys ;)
See all ideas
An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of ADNOCGAS is 3.48 AED — it hasn't changed in the past 24 hours. Watch ADNOC Gas plc stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on ADX exchange ADNOC Gas plc stocks are traded under the ticker ADNOCGAS.
ADNOCGAS stock has risen by 3.57% compared to the previous week, the month change is a 5.45% rise, over the last year ADNOC Gas plc has showed a 7.74% increase.
We've gathered analysts' opinions on ADNOC Gas plc future price: according to them, ADNOCGAS price has a max estimate of 4.21 AED and a min estimate of 3.46 AED. Watch ADNOCGAS chart and read a more detailed ADNOC Gas plc stock forecast: see what analysts think of ADNOC Gas plc and suggest that you do with its stocks.
ADNOCGAS reached its all-time high on Aug 17, 2023 with the price of 3.71 AED, and its all-time low was 2.77 AED and was reached on Mar 13, 2023. View more price dynamics on ADNOCGAS chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
ADNOCGAS stock is 0.86% volatile and has beta coefficient of 0.70. Track ADNOC Gas plc stock price on the chart and check out the list of the most volatile stocks — is ADNOC Gas plc there?
Today ADNOC Gas plc has the market capitalization of 267.10 B, it has increased by 1.75% over the last week.
Yes, you can track ADNOC Gas plc financials in yearly and quarterly reports right on TradingView.
ADNOC Gas plc is going to release the next earnings report on Mar 27, 2025. Keep track of upcoming events with our Earnings Calendar.
ADNOCGAS earnings for the last quarter are 0.07 AED per share, whereas the estimation was 0.05 AED resulting in a 26.52% surprise. The estimated earnings for the next quarter are 0.04 AED per share. See more details about ADNOC Gas plc earnings.
ADNOC Gas plc revenue for the last quarter amounts to 21.08 B AED, despite the estimated figure of 19.06 B AED. In the next quarter, revenue is expected to reach 14.27 B AED.
ADNOCGAS net income for the last quarter is 4.57 B AED, while the quarter before that showed 4.37 B AED of net income which accounts for 4.50% change. Track more ADNOC Gas plc financial stats to get the full picture.
As of Nov 23, 2024, the company has 2.52 K employees. See our rating of the largest employees — is ADNOC Gas plc on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. ADNOC Gas plc EBITDA is 26.02 B AED, and current EBITDA margin is 35.95%. See more stats in ADNOC Gas plc financial statements.
Like other stocks, ADNOCGAS shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade ADNOC Gas plc stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So ADNOC Gas plc technincal analysis shows the buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating ADNOC Gas plc stock shows the strong buy signal. See more of ADNOC Gas plc technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.