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Dallah Health Shares Face Support Tests
Dallah Health Services Company's stock is experiencing intense technical pressure, with a continued downtrend characterized by successive lower highs and lower lows. The stock has declined from 106.60 SAR to a key support level at 75.00 SAR over recent months. If the stock breaks below the current support level and closes below it for two consecutive sessions, it is expected to decline to levels of 71.40 SAR and then 69.10 SAR, amid ongoing selling pressure. The ADX indicator shows that the bearish momentum is strong. This suggests a negative outlook in the short to medium term, with a key resistance at 79.90 SAR needed to regain an upward trend.
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