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Masar share faces key resistance levels
The share of Oqal for Development and Construction (Massar Project) is currently testing important technical resistance levels after declines that led to new price lows in 2026. The stock is trying to regain its upward momentum and break above resistance at 18.08 SAR, with a range of stability above this level supporting the possibility of a rise toward targets between 18.49 and 18.96 SAR. If it successfully overcomes resistance between 19.40 and 19.90 SAR, it could head towards the 20.50 SAR level. Since the beginning of the year, the stock has declined to a low of 16 SAR, amid ongoing selling pressures and weak buying power. However, the current rebound attempt depends on support levels at 17.40 and 16.10 SAR, along with stabilization above the 19.95 SAR resistance, to confirm a reversal from a downtrend to an uptrend.
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