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Zglas shares test key resistance
National Glass Industries Company's stock "Zajil" is approaching a critical resistance test at the 37.50 Riyal level, with a noticeable increase in trading volume that supports the buying momentum. A closing above this level with active trading is required to confirm the breakout, which could open the way to achieve price targets up to 41.62 Riyals. Conversely, attention should be paid to the 36.18 Riyal level, which represents the main defensive line. Although the stock has been trading sideways since early 2026, the main trend remains downward, with a continued balance between supply and demand forces.
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