101 Days
Source:
مباشر
Amack Shares Continue Downward Trend Amid Ongoing Selling Pressure
The share of Maaden Aluminum Company (Maaden) continues to decline within a downward price channel that began in February 2026. It broke through key support levels, leading to increased selling pressures due to a lack of sufficient buying interest to halt the drop. The stock reached a level of 68.50 riyals after breaking support at 71.70 riyals, approaching the next support at 66.35 riyals, indicating further downside potential if selling pressures persist. In 2026, the stock's performance was volatile, reaching a high of 117.50 riyals in January before entering a downward trend, breaking crucial support levels. This reflects weak performance and confirms the continuation of the negative trend during the first half of the year.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)