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2026-09-21T11:58:39.160Z

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Al-Dawa'ya stock faces key resistance levels

Al-Dawa'ya stock faces key resistance levels

Technical analyses indicate that the stock of Saudi Pharmaceutical Industries is currently testing significant resistance levels around 32.95 SAR, after settling above upward trend lines and moving averages that support a positive trend. The stock aims to break through this barrier to move toward higher price levels reaching 34.45 SAR and potentially surpassing it to 40.10 SAR. It is important to monitor the stop-loss level at 30.10 SAR to reduce risks. Technical indicators, such as MACD, suggest strong buying momentum at present, but the success of the breakthrough depends on trading volume and the stability of the price above the identified resistance.

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