49 Days
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Fakieh Medical Shares Test Resistance
The shares of Dr. Suleiman Abdulqadir Faqih Hospital are testing a resistance level around 39.50 SAR, after successfully maintaining above a key support at 34.00 SAR, which increases the chances of a technical rebound. Analyses indicate the possibility of trading between 40.50 and 41.34 SAR if the resistance is broken on high trading volume, followed by higher levels between 42.40 and 44.14 SAR if positive momentum continues. To face pressure, the nearest support levels are at 38.15 SAR, with a stronger support at 37.08 SAR. The stock is currently facing challenges after sharp declines recorded during 2026, when it reached a low of 27.20 SAR, and it needs to regain a main resistance level at 42.84 SAR to confirm a sustainable upward trend.
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