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Knowledge City Share Tests Critical Levels
The share of Al-Madina Knowledge Economic Company in the Saudi stock market has exhibited notable technical movements following an upward wave that began in July. Currently, it is testing important technical levels that will influence its next direction. After fluctuations in the third quarter, the stock regained stability near 18.88 riyals, facing resistance at 18.91 riyals. Breaking above this level could open the way for an increase toward areas between 19.37 and 19.87 riyals. Meanwhile, the 18.10 riyals level serves as a key support. It is worth noting that the stock had been in a downward trend since July 2025, but its course shifted as the year progressed, supported by technical indicators that suggest keeping an eye on the highs and lows to determine whether an upward trend will continue or not.
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