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Al Bupa Arabia stock tests support levels amid correction

Al Bupa Arabia stock tests support levels amid correction

In 2026, the share of Bupa Arabia Cooperative Insurance experienced a strong corrective wave that began after the stock tested a pivotal consolidation zone between 194.10 and 205.40 SAR. This movement pushed the stock toward a vital demand area between 161.20 and 154.80 SAR. Despite the decline, the stock maintained its overall upward trend, regaining positive momentum after breaking through resistance at 177.90 SAR. Expectations initially pointed toward a rebound wave climbing between 164.00 and 165.60 SAR, with the possibility of continued upward movement toward levels between 168.70 and 172.00 SAR, provided that holding above key support levels is maintained. However, if the stock fails to stay above these support levels, it may decline to support zones between 150.70 and 144.10 SAR. This is a major level that limits further retreats and enhances the prospects for future recovery.

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