58 Days
Source:
مباشر
Source: مباشر
58 Daysمباشر
Source: مباشر
58 DaysReady to play
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The Riyad Bank stock is facing challenges in overcoming the secondary downward trend recorded since April 2026, despite its relatively stable performance over the past two months. It is expected to move above its key resistance level of 20.70 riyals, opening opportunities for a trend reversal toward areas between 21.10 and 21.48 riyals. In the long term, the stock shows an overall positive trend with the formation of rising peaks and troughs. However, buying momentum has diminished since April, leading to a correction and a tendency toward sideways movements. Maintaining the support level at 19.90 riyals is crucial. For a sustainable technical improvement, it is necessary to break through an important resistance at 21.46 riyals to regain momentum and reach the April high at 22.40 riyals, signaling a resumption of the upward trend.
Notice: This Is an AI-Generated Summary
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