Cairo – Mubasher: Technical movements signaled by Mubasher Trade Research indicate that the stock of the Egyptian International Pharmaceutical Industries Company (EIPICO) has continued its main upward trend, as it experienced a sharp correction after it had reached a historical peak near EGP 83.95 in October 2025.
The stock managed to maintain the main support zone at the EGP 68 level, which was followed by retesting the historical resistance.
Mubasher Trade Research noted that closing above the resistance would endorse the chances of an upward movement towards new historical levels near the EGP 87.90 area, while surpassing this level would push the price towards the EGP 93.50 – EGP 99.95 area.
It is important to maintain trading above the support level of EGP 81.50 to sustain buying power and avoid further corrections.
Meanwhile, technical indicators reflect a positive performance, as the Relative Strength Index (RSI) is moving above the neutral level, while the Moving Average Convergence Divergence (MACD) shows positive signals.
Price Movement Summary
In 2025, EIPICO stock began the year trading with a volatile sideways movement throughout January.
Starting from February, the stock witnessed a notable rise with an increase in trading volumes, entering a strong upward trend that continued until December and achieving a historical peak at EGP 84 earlier in October.
Then, the stock experienced some correction due to profit-taking without affecting the upward trend.
Important note: This analysis relies solely on the foundations and tools of technical analysis, reflecting a purely analytical perspective that may vary depending on different reading and estimation methods. What is stated in this report should not be considered a direct recommendation to buy or sell, or an invitation to make any investment decisions; rather, it is for monitoring and study purposes. Investment decisions are the sole responsibility of the investor based on their financial situation and personal goals.
