Cairo – Mubasher: Technical movements signaled by Mubasher Trade Research indicate that the stock of Juhayna Food Industries is moving within a rising channel and the price is maintaining trading above the moving average.
This reflects the strength of the upward trend, while the Relative Strength Index (RSI) indicates a decline in the current buying momentum.
The price needs to hold above the resistance level of EGP 28 to target the level of EGP 28.95, which in case of surpassing, the next target will be at EGP 30.55 – EGP 30.60.
Meanwhile, if the price corrects again and closes below the support level of EGP 25.75, a correction is likely to extend towards a significant demand zone around EGP 25.14 – EGP 24.30.
Mubasher Trade Research noted that if the price shows positive signals, it will be an opportunity to build buying positions and target the level of EGP 25.70 as a speculative target, followed by the peak of EGP 27.75.
Price Movement Summary
In 2025, Juhayna stock started the year relatively strong, reaching a peak near the EGP 40 level in February.
This was followed by a sharp reverse in the price movement, where the stock entered a strong and clear downward trend that continued until May, when the stock lost nearly half of its value.
The stock began to recover starting from July and August and until January 2026, where it succeeded in rising and moving within an upward channel.
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 reading and interpretation. 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.
