17 Days
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Bawan Shares Break through Key Support Levels Amid Increasing Selling Pressure
The share of "Bawan" company declines and breaks through major support levels amid continued selling pressure, falling below the 41.00 riyal level. This reflects dominance by selling forces and increases the likelihood of a continued downtrend toward support zones between 36.20 and 37.20 riyals. Technical indicators point to weak buying momentum and a sustained downward trend since the beginning of 2026, with recent rebound attempts failing to change the course. Monitoring the stock remains essential, especially as it approaches previous support levels, to make informed investment decisions.
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