TX

TXAR.BA

$676.00
Sharia status
NOT COMPLIANT
Per In-house ratio engine · assessed 2026-08-27
HTR non-permissible income 4.40%
🕌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.

Ternium Argentina S.A. (TXAR.BA) 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
Institutional own.
2.2%
of shares
NON-COMPLIANT
Sharia compliance
4.40%
Non-permissible income — HTR, from filings (2025-12-31)
2.2%
Institutional ownership

🕌 In-house Compliance Research

Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2025-12-31. TXAR.BA 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 4.59% 30.00% Pass
Interest-bearing investments 37.40% 30.00% Fail
Non-permissible income 4.40% 5.00% Pass

Usmani Pass

RatioValueThresholdResult
Interest-bearing debt 1.90% 33.00% Pass
Interest-bearing investments 15.51% 33.00% Pass
Non-liquid assets 82.74% at least 20.00% Pass
Non-permissible income 4.40% 5.00% Pass

MSCI Pass

RatioValueThresholdResult
Interest-bearing debt 1.90% 33.33% Pass
Cash + interest-bearing securities 15.51% 33.33% Pass
Accounts receivable 17.26% 33.33% Pass
Non-permissible income 4.40% 5.00% Pass

FTSE Pass

RatioValueThresholdResult
Interest-bearing debt 1.90% 33.33% Pass
Cash + interest-bearing securities 15.51% 33.33% Pass
Accounts receivable 17.26% 50.00% Pass
Non-permissible income 4.40% 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 4.45% 33.00% Pass
Cash + interest-bearing securities 36.28% 33.00% Fail
Accounts receivable 4.11% 33.00% Pass
Non-permissible income 4.40% 5.00% Pass

S&P Shariah Pass

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 4.20% 33.00% Pass
Cash + interest-bearing securities 34.22% 49.00% Pass
Accounts receivable 3.87% 49.00% Pass
Non-permissible income 4.40% 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 4.20% 33.33% Pass
Cash + interest-bearing securities 34.22% 33.33% Fail
Accounts receivable 38.10% 49.00% Pass
Non-permissible income 4.40% 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.

834.66755.81676.96598.11519.262025-09-112026-03-172026-09-10

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

Support & Resistance
S3
670.00
S2
678.00
S1
689.00
PIVOT
697.00
R1
708.00
R2
716.00
R3
727.00

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
612.77 735.23
±9.08% from 674, made 2026-09-04 · resolves 2026-09-11
STRONG SELL
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 21828 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

STRONG SELL
19 indicators
OscillatorsSTRONG SELL
0 buy · 4 neutral · 3 sell
Moving averagesSTRONG SELL
0 buy · 0 neutral · 12 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)44.80NEUTRAL
Stochastic %K (14)35.92NEUTRAL
CCI (20)-43.37NEUTRAL
Williams %R (14)-64.08NEUTRAL
MACD (12,26,9)-0.54SELL
ROC (10)-2.03SELL
Momentum (10)-14.00SELL
EMA (10)688.32SELL
SMA (10)684.10SELL
EMA (20)689.47SELL
SMA (20)690.55SELL
EMA (30)688.98SELL
SMA (30)695.18SELL
EMA (50)686.23SELL
SMA (50)684.39SELL
EMA (100)680.08SELL
SMA (100)676.37SELL
EMA (200)676.13SELL
SMA (200)682.44SELL

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 Ternium Argentina S.A.

Basic Materials · Steel

Ternium Argentina S.A. manufactures, produces, and processes steel products in South America, North America, Europe, and internationally. The company offers its products in flat steel, coated steel, welded tubes, various shapes, long steel, galvanized sheet, electro zinc, prepainted, cincalum, slabs, cast iron ingots, and over rolling categories. It serves construction, automotive, home appliances, agro, packaging, transport, and energy industries. The company was formerly known as Siderar S.A.I.C. Ternium Argentina S.A. Ternium Argentina S.A. was incorporated in 1962 and is headquartered in Buenos Aires, Argentina. Ternium Argentina S.A. is a subsidiary of Ternium Internacional España S.L.U.

ar.ternium.com ↗

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

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.