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The United Insurance share rises amid liquidity growth

The United Insurance share rises amid liquidity growth

The share of United Cooperative Insurance Company succeeded in improving its technical performance after breaking a short decline streak, supported by an increase in trading volume and liquidity. This enabled it to surpass the main support level of 7.53 SAR and its resistance at 8.78 SAR. This shift is expected to revive buying momentum and lead the stock to extend its upward movement toward 9.00 and 9.21 SAR, provided that the flow of liquidity continues. It is also essential to activate profit protection levels at 8.28 SAR. This comes after a period of pressure since the beginning of 2026, during which the stock experienced corrective movements and declines, reaching a bottom in May at 5.70 SAR.

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