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Al Jazeera shares test resistance levels

Al Jazeera shares test resistance levels

The share of Al-Jazira Bank rose after successfully surpassing the resistance level at 11.85 riyals, with the first target level reached at 12.26 riyals, which is currently being tested. Expectations are for continued upward movement toward 12.45 and 12.75 riyals if buying liquidity support persists. The stock began 2026 with positive technical tests from its lowest point at 10.40 riyals, with the 11.80 riyal level remaining as a significant support. Breaking through this level could return the stock to a sideways range and push it toward further momentum.

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