Taqween's share seeks stability near low

The Taqweem Advanced Industries share declined during 2026, reaching its lowest point at around 4.90 riyals in May, amid strong selling pressures. The stock is currently trying to stabilize near the main support level of 4.90 riyals and is approaching a resistance test at 5.65 riyals, with the potential for short-term gains if the resistance is broken and the level of 5.67 riyals is surpassed. As long as the resistance level remains unbroken, pressures on the stock continue, and it appears to be in a consolidation phase in preparation for a potential rebound wave.

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