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Alkholi's stake nears historic demand levels
Al-Khudari Holding Company's stock shows attempts to recover its price balance after sharp declines, as it approaches historical demand zones that could alleviate the severity of the pullback. Technical analysis indicates that the stock remains on a downward trend dominated by selling, with no clear crossing of moving averages, which reinforces the negative outlook. If the stock can stay above the 1.15 SAR level, it may move toward 1.18–1.20 SAR; otherwise, downward pressures are expected to continue toward support levels between 1.00 and 1.04 SAR, and below that, it could aim for 0.97 SAR. Since the beginning of 2026, the stock has been on a bearish trajectory with a series of lower highs and lower lows, lacking strong buying forces to support a recovery.
Notice: This Is an AI-Generated Summary
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