Cairo – Mubasher: Technical movements signaled by Mubasher Trade indicate that the stock of Alexandria Containers and goods shows in the weekly chart a positive technical movement which has become clear with the breakout of the resistance zone near the levels of EGP 22-23. This breakout was clearly supported by trading volume, enhancing the significance of the movement.

According to Mubasher Trade, for a long time the stock has maintained trading above the upward trend line that began in mid-2024, successfully rebounding from it multiple times, making it a pivotal and strong support line. For the candlestick pattern, the center is positioned above the short-term moving averages, with the upper Bollinger Band widening in a way indicating an attempt to expand the upward movement.

Moreover, the exit of the price from the long sideways movement indicates the stock's transition from the accumulation phase to an upward stage, especially after successfully retesting the EGP 22 level. In general, there will be a direction toward positivity, on the technical level, as long as the stock maintains trading above the main support levels, which qualifies it to rise to EGP 26.50.

Company Overview

The Alexandria Container and Cargo Handling Company was established in 1984 and has been listed on the Egyptian Exchange (EGX) since 1995. It operates two strategic terminals on the Mediterranean coast at the ports of Alexandria and Dekheila, with a total capacity of 1.5 million standard containers and an actual handling of 1.07 million standard containers during the fiscal year (FY) that ended on 30 June 2025, with an operational rate of approximately 71%.

Summary of Price Movements

Since the beginning of 2025, the stock's movement has been characterized by gradualness and stability, spending several months within a limited sideways range where buyers tried to maintain their positions while sellers took any rise for profit gaining.

Over time, the buying power gradually began to assert their presence, causing the stock to rise from support areas near the EGP 19 after the zone formed a stable base from which the stock repeatedly rebounded. And with the continued trading above the upward trend line, confidence in the stock began to increase, pushing it to advance in small steps toward resistance at EGP 22 pounds.

By reaching that zone in mid-2025, volatility began to increase until the stock finally managed to break through this barrier with clear momentum. The recent period has seen more active movement, with a rapid ascent toward around EGP 24, reflecting the stock's transition from a phase of calm and accumulation to a phase of active movement closer to an upward trend.

Important note: This analysis is based 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 specific investment goals.