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2026-09-29T00:00:00.000Z

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Suleiman Al Habib faces selling pressure

Suleiman Al Habib faces selling pressure

The share of Dr. Sulaiman Al-Habib Medical Services Group has experienced a significant decline due to selling pressures, approaching a key support level around 222.70 SAR. It has failed to break above the main downtrend line extending since October 2025. Technical indicators, such as the ADX and trend line crossings, suggest that sellers are in control and the downtrend is prevailing, with a bearish pattern forming that indicates a deterioration in buying momentum. The stock needs to close above 228.00 SAR to regain its balance. If the current support level is broken, a pullback toward support zones between 217.80 SAR and 214.10 SAR is expected, highlighting ongoing technical weakness.

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