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Gulf General shares face key resistance
The share of Al Khaleejiah Cooperative Insurance Company is approaching a crucial resistance level at 4.34 SAR, which coincides with the 200-day moving average—an important indicator for long-term market trends. The stock has experienced broad sideways movement since the beginning of 2026, fluctuating between support at 3.50 SAR and resistance at 4.40 SAR. Currently, it is on the rise supported by increased trading volumes, indicating growing buying interest. If the stock manages to break through the 4.34 SAR level and remains above it, it could target goals between 4.45 and 4.79 SAR. However, maintaining support at 4.18 SAR is essential for further progress.
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