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Research and Media share tests support levels
The Saudi Research and Media Group's stock has been under strong selling pressure since the beginning of 2026, leading to a test of a key support level at 57 riyals. Technical analyses indicate an attempt by the stock to consolidate and bounce back correctionally from this support, with the potential to reach resistance levels between 60.95 and 61.60 riyals if it manages to stay above certain levels. However, the overall trend remains bearish, and positive expectations continue to be weak unless the stock rises above 65.10 riyals, as closing below 57.25 riyals could lead to further declines toward 55.50 riyals.
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