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2026-07-08T12:16:37.258Z

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The "Tanmiya" Share Tests Key Demand Levels Amid Signs of Positive Momentum Rebound

The "Tanmiya" Share Tests Key Demand Levels Amid Signs of Positive Momentum Rebound

The share of Development Food Company ("Tanmiyah") is testing key demand levels amid indications of reclaiming positive momentum after recent trading activity. It successfully broke through the resistance level at 63.00 SAR and rebounded from the demand zone between 53.00 and 54.50 SAR, accompanied by increased trading volumes and new buying trends. Technical analysis suggests the potential for continued upward movement, with resistance levels at 60.95 and 62.30 SAR in sight, while surpassing 67.40 SAR is necessary to restore the overall upward trend.

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