ADIB
Cairo - Mubasher: The stock of Abu Dhabi Islamic Bank – Egypt (ADIB Egypt) reached unprecedented historical highs near EGP 44.95 in February 2026.
Technical analysis highlighted that the stock experienced some corrections without altering its upward trend.
Meanwhile, the price is testing a significant support level around EGP 39.95-39.50, which also coincides with Fibonacci retracement levels, giving this support significant technical importance.
Mubasher Research noted that for the upward movement to resume, holding above EGP 40.90 supports the potential for a rise towards EGP 41.70-EGP 42.70.
A break above this level would push the price towards EGP 43.45. Maintaining this support level is crucial to prevent the correction from extending towards EGP 38.35.
Price Movement Summary
ADIB Egypt’s shares experienced significant price volatility in 2025 but remained within an upward trend.
The stock initially experienced a slight decline, then rebounded strongly during the first quarter of the year, reaching an all-time high of EGP 21.77 in June 2025.
It had previously approached this level in 2024. The stock traded in a downward and volatile correction throughout the third quarter before regaining some of its strength near the beginning of October, settling above EGP 22.00.
By the beginning of November, the price had successfully resumed its upward trend, reaching an all-time high in February 2026 near EGP 44.95.
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.