7 Hrs
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Almarai shares near key resistance level
The Almarai company stock is approaching the test of an important technical resistance level at approximately 47.34 SAR, supported by rising trading volumes and liquidity. It has been moving within a sideways range throughout July. A breakout above 47.34 SAR could open the way to target the area between 48.45 and 49.65 SAR. Conversely, breaking below the support at 45 SAR may reintroduce selling pressures and lead to a retest of the support at 44.34 SAR. The stock’s historical movements show sideways fluctuations since early 2026, with expectations for further upward movement if it manages to break the key resistance.
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