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Sinaat shares under continued pressure
The share of Advanced Construction Industries experienced a period of technical instability in the Saudi market, facing intense selling pressures that led to declines since the beginning of 2026. The stock failed to maintain levels above the main resistance at 28.96 SAR, with trading volumes increasing to reflect dominant selling forces. Currently, the stock is approaching a key support level at 22.12 SAR, and if this support is broken, it may move towards areas between 25.64 and 26.46 SAR. The overall trend remains bearish as long as the stock trades below the 200-day moving average, and a rise above 28.46 SAR is necessary to regain an upward trajectory.
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