Cairo – Mubasher: Technical movements signaled by Mubasher Trade Research indicate that the stock of Sharm Dreams Company for Tourism Investment has recently shown a significant increase while maintaining its strong performance throughout November.
The stock entered an accumulation phase above the EGP 23 level and stabilized in trading above the short-term moving average.
According to Mubasher Trade Research, during the recent sessions, the stock succeeded in breaking through a downward trend line, ending a short-term downward wave that represented a correction movement after reaching a price peak of EP 24. The breakout was supported by a high trading volume compared to the previous fluctuation phase, which reflected the return of buying power.
Despite this performance, some profit-taking transactions were carried out during Wednesday's session, 26 November 2025, after the stock tested the peak again. And despite that, as long as the stock continues to trade above the level of EGP 22.40 and EGP 22.70, the upward trend will remain intact, with the possibility of targeting the previous peak again, near EGP 24.50, and the rise may extend to EGP 25.50; however, trading below the EGP 22.40 level would mean the stock will return to continue its sideways movement before making another attempt to rise.
Company Overview
Sharm Dreams for Tourism Investment, known as Sharm Dreams, is a public company listed on the Egyptian Exchange (EGX) since October 2000. It operates within the consumer services sector, focusing on hotels, resorts, and cruise lines.
Summary of Price Movement
The stock experienced a long period of relative calm over the past few months before the pace of interest began to gradually rise from the level of EGP 16. As November began, the scene changed completely; strong demand emerged, pushing the stock to record a rapid upward wave that caught the attention of traders, followed by relative stability after the stock reached its peak at around EGP 24.
The stock has recently returned to show noticeable activity, with a shift in investors' perception toward it and a return of strong trading. The current movement reflects ongoing interest in the stock and investors' desire to follow its rise after a period of stability.
Important note: This analysis is based on the principles and tools of technical analysis and reflects a purely analytical perspective that may vary depending on the methods of interpretation and assessment. What is mentioned 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 specific investment goals.
