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Naseej shares test support levels amid downtrend
Naseej International Trading Company's stock has experienced strongselling pressure, currently testing a key support level at 13.32 SAR. The stock remains in a clear downtrend with continued negative performance. If the price closes below this support, it may head toward lower levels, including 12.89 SAR and potentially reaching the historical low around 12.27 SAR. A resistance at 13.52 SAR might help limit further decline if the market regains stability. It is worth noting that the share has seen a sharp decline since 2026, reaching its lowest point around 12.70 SAR after breaking through the main support at approximately 19.27 SAR. The stock remains under current support levels amid expectations that selling pressures will persist.
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