SSGC LONG TRADESSGC has rebound from trendline, it's continuously in uptrend
Buy SSGC 39-41
TP 44.5
SL 37.9
348.57 M
About SUI SOUTHERN GAS CO LTD
Sector
Industry
CEO
Muhammad Amin Rajput
Website
Headquarters
Karachi
Founded
1989
ISIN
PK0002801014
FIGI
BBG000GNJ4R3
Sui Southern Gas Co. Ltd. engages in the business of transmission and distribution of natural gas. It operates through the Gas Transmission and Distribution; and Meter Manufacturing segments. The Gas Transmission and Distribution segment refers to the transmission and distribution of natural gas and construction contract for laying of pipelines in Sindh and Balochistan. The Meter Manufacturing segment manufactures and sells gas meters. The company was founded on March 30, 1989 and is headquartered in Karachi, Pakistan.
Channel bottom Support Taken...Important to Close above 40.84
on Monthly Basis for further
Upside.
Channel top is around 44 - 45
SSGC | Downward-Sloping ChannelThe stock in a downward-sloping channel after a strong rally that peaked near PKR 50.87. Currently trading at PKR 39, the price is above the 200 EMA level (28.70 PKR), suggesting longer-term bullish strength despite short-term weakness. Recent price action faced resistance near the upper trendline,
Bullish on bigger time frames.
Bullish on bigger time frames.
Took support from a very important
level around 36-37.
HL printed.
40.30 - 40.85 is a Resistance level as
of now.
If it gets rejected from this level, we may
witness 37.50 - 38.50 again.
Upside targets can be around 45 - 46 & then
50s.
SUI SOUTHERN GAS CO LTD SSGS has good potential to grow more because of current government in Pakistan try their best resolve the issue of circular debt SSGS is the one of beneficiary of circular debt.
1) Currently SSGS share price following Dow theory of uptrend.
2) Volume on daily time frame showing strong sentiment f
SSGC-LONGif it sustain above 41 and continue its positive momentum rather than any bearish signal so it will move towards target IN JUNE 2025 OR JULY 2025.
SSGC PSX Stock SummarySSGC (Sui Southern Gas Company) on the Pakistan Stock Exchange (PSX) is showing positive momentum, with a near-term target of PKR 43.90. The recommended entry is at the current market price, with a stop loss set at PKR 40.00 to manage downside risk. The stock appears poised for an upward move based
SSGC-PSX, A Good Probability Buy TradeConfluences include:
1. Support of Anchored VWAP
2. EMAs Channel
3. TL Breakout with sustained volume AFTER Breakout
4. Tendency of Price to test ATH level with a good momentum.
#Ssgc is above green sky (strong bullish zone)#Ssgc is now above green sky (Strong bullish zone). It is expected to cross 45 and 60 level.
Note: This is not a buy or sell call, trade at your own will. Use stop loss as per your strategy.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of SSGC is 37.25 PKR — it has decreased by −0.55% in the past 24 hours. Watch SUI SOUTHERN GAS CO LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on PSX exchange SUI SOUTHERN GAS CO LTD stocks are traded under the ticker SSGC.
SSGC stock has fallen by −2.34% compared to the previous week, the month change is a 0.15% rise, over the last year SUI SOUTHERN GAS CO LTD has showed a 253.08% increase.
SSGC reached its all-time high on Aug 3, 2015 with the price of 55.74 PKR, and its all-time low was 8.22 PKR and was reached on May 23, 2022. View more price dynamics on SSGC chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
SSGC stock is 9.99% volatile and has beta coefficient of 1.91. Track SUI SOUTHERN GAS CO LTD stock price on the chart and check out the list of the most volatile stocks — is SUI SOUTHERN GAS CO LTD there?
Today SUI SOUTHERN GAS CO LTD has the market capitalization of 35.26 B, it has decreased by −4.33% over the last week.
Yes, you can track SUI SOUTHERN GAS CO LTD financials in yearly and quarterly reports right on TradingView.
No, SSGC doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, SSGC shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade SUI SOUTHERN GAS CO LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So SUI SOUTHERN GAS CO LTD technincal analysis shows the sell today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating SUI SOUTHERN GAS CO LTD stock shows the buy signal. See more of SUI SOUTHERN GAS CO LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.