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The share of Madinah Knowledge Economic City has recently shown notable positive movements, successfully surpassing important technical levels that have helped strengthen its upward momentum. It closed at 18.70 SAR and is approaching key resistance levels between 19.16 and 19.59 SAR. There are expectations for continued upward movement towards record levels that could reach 20.30 SAR if technical barriers are broken. Technical analyses indicate that the stock is beginning to shift from a downtrend that started in July 2025 to an attempt to establish a new upward trend, following a breakout of a major resistance at 13.18 SAR in June 2026. The price aims for higher resistance levels, which require constant monitoring to protect profits at the 18.04 SAR level.
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