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Research and Media shares challenge key resistance
The performance of the Research and Media Group's stock in the Saudi market shows positive movements after a period of selling pressures that began at the start of 2026. The stock has managed to stabilize above a key support level at 59.50 SAR, which enhances the prospects of testing an important resistance level at 65.10 SAR. If the stock continues to hold above 66.75 SAR, it may head towards targets between 68.65 and 70.15 SAR, with the potential for the upward move to extend to 72.10 SAR if liquidity and buying support are available. On the other hand, previous news indicated that the stock experienced fluctuations throughout the year, including a sharp decline between February and July, but it has started to consolidate and attempt to establish a new price base in August.
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