JUFO
Cairo - Mubasher: Juhayna Food Industries’ stock is currently showing a significant technical shift after breaking above its 200-day moving average, one of the strongest signals of a positive shift in the medium and long term.
The average serves as a dividing line between negative and positive trends, reflecting the return of buying confidence in the stock after a long period of consolidation.
Indicators also showed that the stock preceded the breakout with a consolidation phase above the short-term moving average, forming a positive crossover with the longer-term average.
It marked a gradual shift in momentum in favor of buyers. This type of crossover is often used to confirm the beginning of an uptrend, especially when accompanied by increased trading volume, as has been evident recently.
Technically, continued trading above EGP 30.50 will maintain the positive outlook, with the EGP 34.50-35.80 area potentially targeted as next resistance.
A break below EGP 30.00 will lead to a temporary pullback to test the strength of buyers at the moving averages again.
Price Action Summary
Juhayna's stock entered 2025 relatively strongly, peaking near the 40.00 level in February. Later on, the price action reversed sharply, and the stock entered a strong and clear downtrend.
The decline continued until May, with the stock losing nearly half its value. Despite a slight recovery in July and August, the stock failed to establish higher highs than the previous peaks, confirming the continued selling pressure and weak upward momentum.
The performance in 2025 was characterized by a strong and dominant downtrend, with the stock losing most of its strength in the first half of the year. The second half (H2) was limited to slow and indecisive attempts at consolidation.
Company Overview
Juhayna is one of the largest companies operating in the food and beverage sector in Egypt, with extensive experience in the production and distribution of dairy, juice, and food products.
The company was established with the aim of providing high-quality food products and is a leading brand locally and regionally, thanks to its strong presence and extensive distribution network.
Its market cap amounts to approximately EGP 27.9 billion with 941.4 million shares, representing a relative weight of 1.06% on the EGX30 index.
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.