Cairo – Mubasher: Technical movements signaled by Mubasher Trade Research indicate that the stock of Extracted Oils and Derivatives Company continued its positive trend and achieved a historic peak in the 16 December 2025 session at EGP 6.760 where it maintained closing positively above the previous historic peak.
The technical indicators suggest a possibility of a short-term correction, as the Relative Strength Index (RSI) shows a negative divergence in the overbought zone.
Moreover, the stock remains backed at the level of EGP 5.90 - 5.70 as the first important support area, followed by the level of EGP 5.20 as a secondary support that must be maintained to prevent any medium-term declines. The continuation of trading above these levels enhances the chances of targeting the EGP 6.75 zone, while maintaining stability above these levels with active trading volumes will pave the way for future resistances at the EGP 7 and 7.65 areas.
Price Movement Summary
The stock of Extracted Oils started 2025 with low trading volumes from January to July, moving within a sideways range that reflected a state of equilibrium between buyers and sellers without breaking through key levels.
Starting from August, the stock succeeded in exiting the sideways range, achieving a new peak in December.
Important Notice: This analysis relies solely on the foundations and tools of technical analysis and reflects a purely analytical perspective that may vary depending on the methods of interpretation and estimation. 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.
