79 Days
Source:
مباشر
Production share registers price rebound from historic levels driven by increased buying momentum
The Arab Agriculture Investment and Industrial Company ("Eaten") stock experienced a significant increase after rebounding from its all-time low, supported by an uptick in trading volumes and buying momentum. The stock managed to break through the resistance level at 25.45 SAR and reached approximately 28.96 SAR, with expectations of further gains if buying pressure continues, especially around the resistance zone between 29.70 and 30.45 SAR, which coincides with the long-term moving average. However, the overall trend of the stock has remained downward since the beginning of the year, with support at 23.40 SAR. It is also important for the stock to surpass the 32.40 SAR level to confirm a break from the corrective downward trend.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)