Arab Pipes shares surpass key resistance

The share of Arabian Pipes Company – Integrated Industry continues to rise after breaking through key resistance levels, supported by improved technical indicators and increased buying momentum. The stock managed to stay above the support level of 179.50 SAR and surpassed the resistance of 192.10 SAR, which has bolstered its current and future target prices that could range between 212.30 SAR and 231.10 SAR, according to technical analysis. The stock is on a long-term upward trajectory and has demonstrated positive performance since the beginning of 2026 after breaking a corrective wave, with the continued strength supported by rising trading volume and improved technical performance indicators.

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