Union Gulf National share rises after key breakout

The share of Etihad Gulf Cooperative Insurance Company continued its strong rise after breaking through a major downtrend line since June 2025, with trading remaining above the moving averages. This reinforces the likelihood of continued upward movement toward key resistance levels between 13.48 and 14.10 SAR. The stock closed positively at around 13.15 SAR, supported by technical indicators favoring an upward trend, while maintaining support around 12.64 SAR. The technical performance remains positive, and the recent breakout indicates an improvement in buying momentum.

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