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Wafra share tests key support levels
A report analyzing the performance of Wafa Industrial & Development Company's stock during July 2026, where it continues to face ongoing selling pressures after a strong upward rally in June. The stock is approaching important support levels between 19.90 and 20.26 SAR. If it manages to hold above these levels, it may resume its upward movement, targeting resistance levels up to 21.90 SAR. Conversely, a technical close below 19.50 SAR could reinforce a decline toward lower support levels around 18.80 SAR, with close monitoring of liquidity performance and the potential to regain an upward trend in the future.
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