101 Days
Source:
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Astra Industrial shares near support level
Astera Industrial Group's stock has been trading within a sideways range since May 2025, amid increasing selling pressures that have brought it close to important support levels at 117.40 riyals, while the balance between supply and demand continues. Technical analysis indicates that breaking the minor support level at 121.30 riyals, accompanied by increased liquidity, could reinforce the downward trend and target stronger support zones between 118.60 and 117.40 riyals, with the possibility of reaching 113.80 riyals if pressures persist. The movement remains sideways, with weak buying momentum and the formation of lower highs and lower lows, reinforcing investor caution about a potential decline in the coming period.
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