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Faqueh Medical shares test key levels
The stock of Dr. Sulaiman AbdulQadir Faqih Hospital Company (Faqih Medical) experienced a noticeable increase in trading volumes during yesterday's session, surpassing the long-term moving average (200 days). This reinforces a positive outlook over the medium term. The stock faced a significant resistance around 38.80 SAR, and breaking through this level with high trading volumes could open the door for further gains toward 39.80 and 40.75 SAR. The main support remains at 36.88 SAR. In 2026, the stock recovered after a sharp decline in the first quarter, hitting a low of 27.20 SAR. The prospects for continued upward movement remain intact as long as it exceeds the 42.80 SAR level.
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