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Amak shares test key support amid downtrend
The share of Al-Masane'a Al-Kubra for Mining "Amaak" is facing ongoing selling pressure, trading below a significant resistance level at 80.45 SAR, which increases the likelihood of a decline toward the support levels of 77.25 SAR and then 75.70 SAR. Currently, it is trading near an important support level at 73.60 SAR. If the price remains below this level, it may target additional support zones at 71.85–70.90 SAR, followed by 68.60 SAR. The stock experienced fluctuations throughout 2026, reaching a historical peak at 117.50 SAR in January before facing downward pressure from February to May, with a loss of a key support at 80.45 SAR. Technical outlook remains cautious in the short and medium term, with trading continuing below the critical resistance level.
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