Cairo – Mubasher: The technical movements signaled by Mubasher Trade Research indicate that the stock of Prime Holding is moving in a strong upward direction in the current timeframe, with the price maintaining the upward trend line and trading above the moving average.
These factors reinforce the strength of the current upward trajectory, while the Relative Strength Index (RSI) shows overbought areas, but there is no technical signal for a potential reversal.
Mubasher Trade Research noted that the stock opened today's trading session, 31 December 2025, with a clear purchasing power that reflected the buyers' desire to push prices to break through an important resistance level at EGP 1.50.
Furthermore, the stock tested an important peak at EGP 1.60 during the session and closed at the resistance level, indicating the possibility of a correction to test the EGP 1.40 and EGP 1.45 support level.
Mubasher Trade Research stated that it is important to maintain the mentioned support level to continue the current buying momentum.
The stock has targets near EGP 1.65, while the stability above this level enhances the targeting of the EGP 1.80 area, followed by the historic peak at EGP 1.88.
Meanwhile, if the price remains below the mentioned support level, a correction is expected towards the support level of EGP 1.30 and EGP 1.33.
Price Movement Summary
Prime Holding’s stock witnessed a sideways volatile movement during its trading in January and February 2025.
Starting from March, the price succeeded in rising and breaking through the sideways range with a noticeable increase in trading volumes, forming a major upward trend until December.
Important Note: This analysis relies solely on the foundations and tools of technical analysis and reflects a purely analytical perspective that may vary depending on the methods of interpretation and assessment. What is stated in this report should not be considered a direct recommendation to buy or sell, nor an invitation to make any investment decisions; it is for monitoring and study purposes only. Investment decisions are the sole responsibility of the investor based on their financial situation and personal goals.
