8 Hrs
معلومات مباشر
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معلومات مباشر

2026-11-11T11:42:05.065Z

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NADEC breaks resistance

NADEC breaks resistance

National Agricultural Development Company (“NADEC”) shares broke above the upper Bollinger Band and the 200-day moving average, supported by rising trading volumes and a bullish MACD crossover. On November 11, 2026, the stock rose 7.23% to 12.76 riyals. Technical analysis set price targets at 13.05, 13.35, and 14 riyals, provided buying momentum continues. The 12.30-riyal level serves as a stop-loss; a drop below it could signal a failed breakout and a return to a sideways or downward trend.

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