Stocks that have decreased the most in 52 weeks — Emirati Stock Market

A 52-week low creates a strong support level, the same way a 52-week high forms a resistance level. The levels are at the opposite sides of the 52-week range. Technical traders and investors often observe this level when trading breakouts. Note that false breakouts happen too and it’s important to analyze the company financials to understand the reasons why the stock has been trading at such low prices.

           
ARIG ARAB INS GRP(ARIG)
1.080.00%0.00Sell0203.631M-0.38Financials
ASCANA ARABIAN SCANDINAVI
2.000.00%0.00Sell0308.000M24.570.08Financials
EIB EMIRATES ISLAM BK
9.990.00%0.00Sell054.250B45.040.221045.00Financials
EIBANK EMIRATES INV BANK
400.000.00%0.00Sell0280.000M10.2039.20Financials
ERC EMIRATES REFRESHME
2.680.00%0.00Sell080.400M-0.38230.00Consumer Non-Cyclicals
GULFNAV GULF NAVIGATION HO
0.62-0.48%-0.00Sell22.999K640.063M-0.07Industrials
ITHMR ITHMAAR HOLDING
0.18-3.72%-0.01Strong Sell1.757M641.236M-0.02248.00Financials
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