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2026-10-05T08:28:42.884Z

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Almarai stock tests new resistance levels

Almarai stock tests new resistance levels

The Almarai stock has experienced positive technical performance shifts, as it begins to regain missing price levels after a period of downward trend, supported by a bullish crossover on the MACD indicator and strong momentum signals. It is expected that the price will initially reach a target of 44.80 SAR, and if it manages to surpass that, it will continue to rise toward 46.10 and 47.10 SAR. It is crucial not to break the critical support level at 42.00 SAR to maintain the potential for a trend reversal from downward to upward. The stock started 2026 on a strong trend from around 37.20 SAR before entering a sharp decline, resulting in losing more than half of its previous gains.

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