Al-Ramz shares hit new lows amid selling pressure
The performance of Radar Properties Company’s stock in the Saudi market has experienced clear fluctuations due to ongoing selling pressures, leading it to trade below key support levels. After breaking the support level at 52.00 SAR, this level has turned into resistance, further challenging the stock's ability to regain upward momentum. If the stock manages to stabilize above 52.00 SAR, it could move towards levels around 53.20 to 54.55 SAR, with the possibility of reaching 57.20 SAR. However, continued selling pressures might push it toward support levels at 50.40 SAR and lower, potentially extending the decline to 49.10 SAR. Since the beginning of 2026, the stock hit a low of approximately 51.00 SAR and faced downward pressure after previous gains, reaching a new bottom near 49.04 SAR. Technical analysis indicates a state of instability in its price performance.
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