7 Hrs
معلومات مباشر
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معلومات مباشر

2026-11-04T09:53:02.686Z

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Ma’aden Reclaims Support

Ma’aden Reclaims Support

Shares of Saudi Arabian Mining Company (Ma’aden) have recovered above the key support level of SAR 54.90, accompanied by higher trading volumes, after a sharp decline that continued through October. The technical picture points to the formation of a double bottom, but confirmation requires a break above resistance at SAR 59.05. This could pave the way toward SAR 60.35–62, followed by SAR 63.80–64.80. SAR 57.20 is the first support level, followed by SAR 56.30, while the stock remains in its secondary downtrend.

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