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Tihama's share rises on higher trading volumes
Ta'ama Advertising, Public Relations, and Marketing Company’s share has shown positive performance in recent periods, supported by increased liquidity levels and trading volumes. It managed to break through important technical resistance levels that previously hindered its upward progression and remained above key moving averages. After holding above the 19.11 SAR level, the stock reached its first target at 20.85 SAR, with expectations for further gains between 22.19 and 22.65 SAR if momentum continues, provided that the support level of 19.95 SAR is maintained. Despite the positive performance, the overall trend remains bearish; however, a break above 21.50 SAR and sustained stability above this level are essential conditions for a trend reversal toward positivity in the short and medium term. Following a sharp decline at the beginning of 2026, the stock rebounded in June from a low of 14.25 SAR, but its long-term direction remains downward for now.
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