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Ground services share tests new resistance
The stock of Saudi Ground Services reverted from the key support level at 20.80 SAR, amid efforts to strengthen performance, while investors are awaiting a crucial resistance test at 22.94 SAR. If this level is broken with increased trading volumes, the stock could head towards levels between 23.50 and 24.04 SAR, potentially extending to 24.47 and 25.20 SAR if buying momentum continues. On the other hand, the nearest support is at 21.97 SAR; breaking this support would be a negative signal, possibly causing the stock to test the 20.80 SAR level again, in the context of the ongoing downward trend since the beginning of 2026.
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