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2026-09-24T09:10:22.590Z

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Al-Tawuniya stock signals trend reversal

Al-Tawuniya stock signals trend reversal

The shares of Al-Tawuniya Insurance Company show strong technical signals indicating the end of the current downtrend and a return to an upward trend, trading around 90.45 SAR. Technical indicators, such as a positive crossover on the MACD, suggest an initial improvement in buying momentum and the possibility of a rebound from the key support level at 88.50 SAR. If the stock manages to break above its secondary resistance at 91.45 SAR, there are expectations for further upward movement toward targets of approximately 99.15 SAR, with a stop-loss set at 88.50 SAR to ensure effective risk management. Despite the corrective wave, the overall performance of the stock remains positive throughout 2026, with the long-term upward trend continuing to dominate.

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