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معلومات مباشر
Source: معلومات مباشر
1 Dayمعلومات مباشر
Source: معلومات مباشر
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The trading activity of the Saudi National Shipping Company "Bahri" stock is currently stabilizing within a sideways range after a sharp corrective wave that reached unprecedented record levels. The stock started 2024 by testing a technical support at 25.10 Riyals, then moved upward supported by increased trading volume, surpassing the 33.00 Riyals level and reaching a historical peak near 38.80 Riyals in April. Afterwards, it experienced a deep correction that exceeded 61.8% of the Fibonacci retracement, leading to a pullback and a return to test previous support zones, fluctuating between levels of 31.64 and 33.20 Riyals. Maintaining above 33.20 Riyals requires strong buying liquidity; if the stock manages to hold this level, it could target between 34.08 and 36.45 Riyals. Conversely, failure to sustain support at 31.64 Riyals would likely lead to further downward pressure.
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