ADPC
Cairo – Mubasher: Technical movements signaled by Mubasher Trade Research indicate that the stock of The Arab Dairy Products Company (Panda) is moving upwards, with the price currently testing the upward trend line.
The price has lately experienced a sharp correction wave near 78% of the previous upward movement, while the nearest demand zone will be EGP 3.35 – EGP 3.25.
Mubasher Trade Research mentioned that if the price reaches the demand area, it is expected to represent an important monitoring point, where it may witness a decrease in the pace of selling pressures or the emergence of buying interaction by targeting the level of EGP 3.40, followed by EGP 3.50 and EGP 3.60 in respective order.
The price is currently testing a significant resistance at EGP 3.58, which holding above will push the price towards EGP 3.72, followed by the EGP 3.82 level.
Mubasher Trade Research noted that the support at EGP 3.23 should be maintained to preserve the upward structure and the positive outlook.
Price Movement Summary
Since the beginning of 2025, Panda stock experienced notable fluctuations, as it started trading in a volatile sideways movement during the first quarter (Q1), but soon formed higher peaks with a significant increase in trading volumes from April to early May.
Starting from May, the price faced severe selling pressure until September. Meanwhile, as of October, the stock began to show signs of recovery by forming higher troughs and higher highs, creating a strong upward trend supported by increased trading volumes until January 2026.
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 different reading and estimation methods. 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.