Tadawul Group shares decline amid technical issues
Saudi Tadawul Group Holding Company’s stock faced significant technical pressure, breaking major support levels at 132.00 Riyals. This suggests a higher likelihood of continued decline, with potential tests of new support levels at 124.00 Riyals, and possibly extending further to 121.40 Riyals and then 119.10 Riyals if those areas are broken. Conversely, if the stock recovers and maintains above 132.00 Riyals, there is a chance for improvement and a rebound toward resistance at 143.30 Riyals, provided buying momentum and liquidity improve. Since the beginning of 2026, the stock started a strong upward wave in January, then retreated in February, breaking the support level. Currently, it’s in a clear downward trend heading toward important support zones.
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