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2026-10-13T08:21:40.842Z

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SAHCO share recovers from lows

SAHCO share recovers from lows

The share of Saudi Company for Car Services and Equipment (Sasco) has experienced a shift in its short-term technical trend, as it rebounded from the year's lows recorded in October after testing these levels twice, and broke through the nine-day exponential moving average. Despite a decrease in trading volume, the stock is currently facing a critical support level around 37.20 SAR, with potential price targets reaching up to 43.95 SAR if positive momentum continues. However, the risk of decline remains if the stock fails to maintain its gains and breaks below the 38.10 SAR level.

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