Masar shares test key resistance levels
The shares of Om Al Qura for Development and Reconstruction "Masar" are facing significant technical resistance after a series of declines, as they attempt to regain their upward momentum. The stock is currently testing a secondary resistance level at 18.08 SAR and needs to stabilize above it with increased trading volume to support a new upward wave targeting levels between 18.49 and 18.96 SAR, eventually reaching key resistance points between 19.40 and 19.90 SAR. These levels represent important turning points in the downward trend. Since the beginning of 2026, the stock has recorded negative figures, with support dropping to around 14.55 SAR, but it is now showing initial signs of recovery with gradual improvement in trading activity and expectations of continued gains, provided that the current support and resistance levels are maintained.
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