MasarShares near key resistance after rebound

Al Qary Development and Investment Company's "Masar" stock continues its recovery after rebounding from the historic low near 14.55 SAR. It successfully broke through the downward channel that has been ongoing since February 2026 and is now approaching a pivotal resistance level at 17.40 SAR. If the stock manages to close above this level for two consecutive sessions, it could target levels between 17.75 and 19.13 SAR, with a key support at 16.60 SAR, which enhances the prospects for ongoing technical improvement. The short-term outlook remains positive as long as trading stays above the resistance level.

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