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DBS shares near key resistance
The share of Dar Al-Balad Business Solutions Company (DPS) shows technical stability within an upward price channel since July 2026, following a sharp decline from a high of 14.32 riyals to a low of 9.95 riyals in July. The stock is now approaching a major resistance level at 12.59 riyals, and with a close above this level, it is expected to move toward price targets ranging between 12.87 and 13.16 riyals, potentially extending to higher resistances up to 15.59 riyals. The critical support level currently stands at 12.15 riyals, and losing it could halt the upward trend, leading to a correction or sideways movement that may delay reaching the higher targets.
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