Saudi Real Estate (SRECO) leads advancing stocks today, gaining 6.72% to close at 54.14. That’s a price not seen since October 2006! Volume surges to a six-month high. The stock is not yet in overbought territory on its daily chart, based on the RSI momentum oscillator. SRECO was up as much as 9.4% today as it hit a high of 55.50, before backing off a bit.
Weekly Chart for SRECO
Daily Chart for SRECO