Cairo – Mubasher: Technical movements signaled by Mubasher Trade Research indicate that the stock of Orascom Construction witnessed a strong correction due to profit-taking after reaching a historic peak near the EGP 513 level in November 2025 while breaking through an important support near the EGP 417.50 level.

The price is currently retesting the resistance level, while holding above this level endorses the chances of rising to the EGP 427 zone.

Mubasher Trade Research noted that surpassing this level may open the door to targeting EGP 432, while holding below the resistance level weakens the chances of rising and suggests continued selling pressure toward the EGP 410 level.

Summary of Price Movement

Orascom Construction stock began its trading in 2025 with a sideways movement from January until May.

In June, the price succeeded to rise while breaking out of the accumulation phase that lasted during the first half (H1) of 2025 in line with a noticeable increase in trading volumes, achieving a historical peak in November near the EGP 513 level.

The price then experienced a sharp correction due to profit-taking, but the trend remains upward.

Important Note: This analysis relies solely on the foundations and tools of technical analysis and reflects a purely analytical perspective that may vary based on different methods of reading and interpretation. 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.