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Maaden shares rise amid trend confirmation
The Saudi Arabian Mining Company (Maaden) stock has risen after a period of fluctuation, successfully maintaining above a key support level at 60.55 SAR, which reinforces expectations of a recovery in the upward trend. The stock is expected to target levels between 61.95 and 64.60 SAR. If it continues to consolidate above 65.90 SAR with increased trading volumes, it may achieve goals ranging from 67.40 to 69.10 SAR, potentially reaching higher levels between 71.10 and 72.65 SAR. These projections are based on technical consolidation following a sharp downward wave in the first half of 2026, with the key support level remaining crucial to ensure the continuation of the bullish trend.
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