Cairo – Mubasher: Technical movements signaled by Mubasher Trade Research indicate that the stock of Egypt Aluminum is on a positive direction, achieving a historical peak at EGP 229.80 while closing Sunday’s session, 21 December 2025, on a positive note where its price maintained closing above the previous historical peak.
Meanwhile, technical indicators suggest a possibility of a short-term correction, as the Relative Strength Index (RSI) shows negative divergence in the overbought zone.
The continued trading above the EGP 221 level, which represents the historical peak, enhances the chances of targeting the EGP 231.55 zone as a future resistance. If the price succeeds in surpassing this level and stabilizing above it, the next level will be EGP 245.
Moreover, the stock remains backed at the level of EGP 202.60 as the first important support area that must be maintained to prevent any medium-term declines.
Price Movement Summary
The stock of Egypt Aluminum witnessed a positive kick-off in 2025 during the first quarter (Q1) of the year, beginning trading at EGP 112.05 and rose to EGP 186.10, achieving a historical peak.
Starting from April, the stock began to decline and entered a clear corrective movement, trading within a horizontal accumulation range until mid-October. In the second half of October, the stock succeeded in breaking through the horizontal range where it achieved a new historical peak at EGP 225 in December.
Important note: This analysis relies solely on the foundations and tools of technical analysis, reflecting a purely analytical perspective that may vary depending on the methods of interpretation and assessment. 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.
