AC

ACX.MC

$17.60
Sharia status
NOT COMPLIANT
Per In-house ratio engine · assessed 2026-08-27
HTR non-permissible income 0.72%
🕌Open research, not a fatwa — verify with your own scholar.
Trade setup SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.

Acerinox, S.A. (ACX.MC) is currently considered not halal (non-compliant), per In-house ratio engine (last assessed 2026-08-27). See the full ratio breakdown and business-activity screen below for the reasoning.

⚠️ Financial ratios are only half the screen. A company whose core business is in an excluded sector — weapons/defense, alcohol, gambling, conventional (interest-based) finance, tobacco, pork, or adult entertainment — is non-compliant even if every debt and income ratio passes. So passing ratios below don't override this verdict; check the business-activity screen for the reason.

Market & analysts
Price target
$18.96
+7.7% · 14 analysts
Institutional own.
60.4%
of shares
NON-COMPLIANT
Sharia compliance
0.72%
Non-permissible income — HTR, from filings (2025-12-31)
$18.96
Price target (+7.7%) · 14 analysts
60.4%
Institutional ownership

🕌 In-house Compliance Research

Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2025-12-31. ACX.MC files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.

Business activity: cleared (no excluded categories detected)

AAOIFI Fail

RatioValueThresholdResult
Interest-bearing debt 49.01% 30.00% Fail
Interest-bearing investments 22.17% 30.00% Pass
Non-permissible income 0.72% 5.00% Pass

Usmani Fail

RatioValueThresholdResult
Interest-bearing debt 38.40% 33.00% Fail
Interest-bearing investments 17.37% 33.00% Pass
Non-liquid assets 74.23% at least 20.00% Pass
Non-permissible income 0.72% 5.00% Pass

MSCI Fail

RatioValueThresholdResult
Interest-bearing debt 38.40% 33.33% Fail
Cash + interest-bearing securities 17.37% 33.33% Pass
Accounts receivable 25.77% 33.33% Pass
Non-permissible income 0.72% 5.00% Pass

FTSE Fail

RatioValueThresholdResult
Interest-bearing debt 38.40% 33.33% Fail
Cash + interest-bearing securities 17.37% 33.33% Pass
Accounts receivable 25.77% 50.00% Pass
Non-permissible income 0.72% 5.00% Pass

Dow Jones Islamic Market Fail

Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 76.40% 33.00% Fail
Cash + interest-bearing securities 34.56% 33.00% Fail
Accounts receivable 16.70% 33.00% Pass
Non-permissible income 0.72% 5.00% Pass

S&P Shariah Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 83.28% 33.00% Fail
Cash + interest-bearing securities 37.68% 49.00% Pass
Accounts receivable 18.21% 49.00% Pass
Non-permissible income 0.72% 5.00% Pass

MSCI M-Series Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 83.28% 33.33% Fail
Cash + interest-bearing securities 37.68% 33.33% Fail
Accounts receivable 55.89% 49.00% Fail
Non-permissible income 0.72% 5.00% Pass

Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.

18.4816.4414.3912.3510.302025-09-112026-03-112026-09-09

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
17.33
S2
17.63
S1
17.80
PIVOT
18.10
R1
18.27
R2
18.57
R3
18.74

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

7-day expected range
17.0995 19.6205
±6.87% from 18.36, made 2026-09-05 · resolves 2026-09-12
STRONG BUY
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 21792 forecast(s) are currently open and will be scored automatically when their horizon expires.

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

Technical Summary

BUY
19 indicators
OscillatorsSTRONG BUY
2 buy · 4 neutral · 1 sell
Moving averagesNEUTRAL
6 buy · 0 neutral · 6 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)53.60NEUTRAL
Stochastic %K (14)67.03NEUTRAL
CCI (20)16.97NEUTRAL
Williams %R (14)-32.97NEUTRAL
MACD (12,26,9)-0.00SELL
ROC (10)3.65BUY
Momentum (10)0.63BUY
EMA (10)17.89SELL
SMA (10)17.91SELL
EMA (20)17.77SELL
SMA (20)17.76SELL
EMA (30)17.62SELL
SMA (30)17.82SELL
EMA (50)17.22BUY
SMA (50)17.21BUY
EMA (100)16.19BUY
SMA (100)16.09BUY
EMA (200)14.49BUY
SMA (200)14.21BUY

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

About Acerinox, S.A.

Basic Materials · Steel

Acerinox, S.A., together with its subsidiaries, manufactures and distributes stainless steel and high-performance alloys in Spain, the United States, Africa, Asia, rest of Europe, and internationally. It operates through Stainless Steel and High-Performance Alloys segments. The company offers flat products, including slab, billet, black coil, plate, engraved coil/sheet, cold rolled coil and sheet, hot rolled coil and sheet, and circles; and stainless steel grades comprising austenitic, ferritic, duplex, and martensitic, as well as wire stainless steels for welding. It also provides long stainless steel products, such as wire, colour coated wire, reinforcement wire, wire rod, hexagonal wire rod, bar, hot rolled and cold rolled reinforcement bar, peeled bar, black bar, profiles, hot rolled reinforcement coil, and angles. In addition, the company offers high performance alloys, including nickel and nickel alloys, cobalt alloys, zirconium, special stainless steels, aluminum and copper, powder for 3D printing, and welding consumables. Its products are used for transport, industrial equipment and engineering, construction and infrastructure, food industry, household appliances and kitchenware, and energy and environmental technology applications. Acerinox, S.A. was incorporated in 1970 and is headquartered in Madrid, Spain.

acerinox.com ↗

Background via Yahoo Finance — informational, not part of the verdict.

🕌 In-house Ratio Research — filings.xbrl.org ESEF XBRL

Research only, not the primary verdict above — SEC EDGAR (the source for the main in-house research card, if shown) has no data for this symbol, so this is computed from a real, country-specific filing instead. Business-activity screening isn't part of this check.

AAOIFI Standard 21 (% of market cap) — Unverified
Debt ratio no data
Investments ratio 28.8% (< 30%)
Non permissible income ratio no data
Usmani (% of total assets) — Unverified
Debt ratio no data
Investments ratio 19.5% (< 33%)
Nonliquid assets ratio 70.9% (< 20%)
Non permissible income ratio no data
Net liquid assets $0.0B (mkt cap $4.4B)

Based on the filing period ending 2024-12-31, figures in EUR.

SMC — Top Down

Not enough price history yet for a smart-money structure read on any timeframe.

Momentum & Volume

Peer Movement

Peer movement computing — it will appear here on its own.

Insider Activity (90d)

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

NEUTRAL   report date 2026-09-01 · Asset managers net 934180 (-19048)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.