Cairo - Mubasher: Technical analysis indicates that the stock of e-finance for Digital and Financial Investments is trading in a short-term uptrend after successfully breaking above and stabilizing above its 20-day moving average. This reflects a clear improvement in the stock's performance over recent weeks.

Recent price action has shown upward-trending highs and lows, supported by relatively good trading volumes compared to the previous sideways movement. It shows the buying power driving the current upward trend, rather than simply a corrective rebound.

Mubasher Research highlighted that the stock is currently approaching a pivotal resistance zone between EGP 14.40 and EGP 14.70. This zone represents a significant technical barrier from which the stock has retreated several times, thus serving as a true test of the strength of the current upward trend.

Despite the stock's clear positive performance, this approach to resistance comes at a time when most leading stocks are experiencing a noticeable correction, increasing the likelihood of a slowdown in the upward momentum before a potential breakout attempt.

Maintaining trading above EGP 13.70 is a positive signal, while any drop below EGP 12.80 could delay the resumption of the upward trend and push the stock back into a wider sideways range.

Conversely, a clear and confirmed break above EGP 14.70, accompanied by strong trading volumes, could trigger a new upward wave targeting EGP 15.50 and then EGP 16.30 as the next short- to medium-term targets.

Price Action Summary

The company’s stock began 2025 with a downward trend, resuming lower lows until it reached its lowest point near 10.50. This phase served as a base for the price before the downtrend ended.

The stock began to recover and rise from the low, but experienced a sharp correction in mid-June, indicating some profit-taking. The stock also reached its yearly high around 14.50 in August, followed by a sharp correction that ended around the 11.90 level in September 2025.

About e-finance 

 e-finance is a leading company in the field of financial technology and digital transformation in Egypt, playing a pivotal role in developing the infrastructure for electronic payments and digital services nationwide.

It has an integrated ecosystem of subsidiaries, most notably e-Finance for Financial Technology, Khales for Digital Payment Services, and Global Consulting and Information Systems. This strengthens its ability to provide integrated financial and technological solutions serving both the public and private sectors.

It enjoys strong institutional support from the National Investment Bank, the National Bank of Egypt (NBE), and Banque Misr.

The fintech company’s stock is a leading share within the EGX30 index, with a relative weight of 3.91% and a market cap of approximately EGP 44.5 billion, making it one of the most influential companies in the fintech sector on the EGX.