"Resources" share nears historic high
Shares of Al-Mawarid Human Resources Company (1833) continue their positive performance, approaching its all-time high after successfully surpassing the resistance level of 105.30 SAR. This supports the continuation of the upward trend and expectations of further gains between 107.60 SAR and 115.10 SAR, with key support levels at 105.30 SAR. Since the beginning of 2026, the stock has experienced fluctuations, alternating between a wave of decline accompanied by strong rebounds—most notably after breaking the support at 90.45 SAR in January—and rises after surpassing its resistance at 99.35 SAR. It has resumed its uptrend and is now targeting its historical peak. Maintaining trading stability above 105.30 SAR remains essential to sustain positive momentum, with gains expected to continue if technical indicators support it.
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