"Al-Masar Al-Shamil" nears key support
The Musar Alshamel for Education stock faced strong selling pressure after breaking the main support level at 22.15 SAR, reaching a demand zone between 20.05 and 20.90 SAR. Traders remain hesitant, and technical performance has shifted from an attempt to recover to a short-term downward trend. The stock started 2026 at higher levels but failed to maintain its gains and continued to decline, breaking the last support and falling into the current zone. There are prospects for the downward trend to persist if the break below support levels continues without a recovery. The stock's performance improvement depends on its ability to stay above 20.97 SAR, especially with increasing trading volumes, as a break below 20.05 SAR would threaten further decline toward lower levels.
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