Cairo – Mubasher: The stock of Tanmiya for Real Estate Investment experienced some corrections between October and January 2026 and then retested the downtrend line, successfully holding above it.
To strengthen the upward momentum, the price needs to remain above EGP 4.65 for a potential rebound to EGP 4.80, followed by EGP 4.90-EGP 5.00, and then the all-time high of EGP 5.56.
The support level of EGP 4.30 must be maintained to prevent further declines to EGP 4.10.
At the beginning of 2025, the company’s stock recorded sideways movement with noticeably weak trading volumes from January to August.
In September, the price successfully rose and broke through the sideways range with a significant increase in trading volumes, achieving a new historical high of 5.56 pounds.
Later on, the price witnessed a strong decline from October until January 2026 as a result of some profit-taking.
Disclaimer:
This analysis is based on technical analysis tools and reflects a comprehensive analytical view that may vary depending on interpretation methods.
It does not constitute a direct recommendation to buy or sell, nor an invitation to make investment decisions. This is intended solely for monitoring and study purposes. Investment decisions are the sole responsibility of the investor, based on their financial situation and investment goals.
