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PetroArabia's share increases amid rising liquidity
The share of Jaz Arabia Services continues to rise after breaking through important technical resistance levels, supported by increased liquidity and growing buying power. The stock started the beginning of 2026 at low prices following a downward wave last year, then entered a sideways consolidation phase during the first quarter. Subsequently, it gained momentum and tested key resistance levels at 14.50 SAR. After successfully stabilizing above this level and surpassing 16.38 SAR, the stock is heading toward target prices up to 19.10 SAR, with key support levels at 17.07 SAR to protect profits and a major resistance at 18.24 SAR. The goal is to complete the upward trend amid active trading volumes and high liquidity.
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