Cairo – Mubasher: The stock of International Agricultural Products is moving in a secondary downward trend, after reaching a historical peak near the EGP 25.20 level in September 2025, according to Mubasher Trade Research.
The price has recently succeeded in breaking through a secondary downward trend line, with the price currently facing significant resistance near the EGP 19.90 level, which in case of being surpassed with two consecutive candles without an intervening reversal candle, it would push the price towards the EGP 20.36 level.
Mubasher Trade Research noted that holding above the mentioned level would to extend the upward movement towards the EGP 21.05 – EGP 21.75 level, while a retreat below EGP 19.25 threatens the chances of a near-term rise.
Price Movement Summary
International Agricultural Products stock started 2025 positively in January, where the stock began trading at EGP 6.24 and rose to the EGP 7.23 level.
Later, the price began a correction trend that started from February without changing the structure of the upward trend.
Then, the price resumed its rise in March accompanied by high trading volumes until September, achieving a historical peak near the EGP 25.30 level.
This was followed by a sharp correction due to profit-taking from September until February 2026.
Important Note: This analysis is based solely on the foundations and tools of technical analysis and reflects 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, 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.
