Facilities share tests resistance amid trend shift
The stock of the Marafiq Company for Electricity and Water in Jubail and Yanbu shows an attempt to break through an important secondary resistance level at 41.20 SAR, after declining since the beginning of 2026 and reaching a low of 26.84 SAR in March. Analyses indicate that a steady break above this level accompanied by increased trading volumes could pave the way for further gains, with the price expected to range between 42.12 and 42.75 SAR as a resistance zone. It may also continue its upward movement toward targets between 43.95 and 47.20 SAR. In case of pullbacks, the key support level is at 39.50 SAR; a break below this could send the stock back into a downward trend.
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