20 Hrs
Source:
مباشر
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Al-Tameer's stock tests support amid decline
The article discusses the performance of Riyadh Real Estate Company's stock during 2026, as it attempts to counter the downward trend that has dominated its trading since the beginning of the year. After a series of sharp declines, the stock is now testing key support levels around 15.27 SAR, following a significant drop from the start of the year when it opened at 22.80 SAR. Technical data indicate the formation of a pattern of rising peaks and troughs, with anticipation of a breakthrough above a major resistance level at 17.25 SAR to boost the likelihood of a rebound toward levels between 17.69 and 18.50 SAR. However, the downward trend still prevails, and a decisive change in the technical outlook will require the stock to stabilize above 19.00 SAR.
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