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2026-11-03T00:00:00.000Z

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Aramco Tests Resistance

Aramco Tests Resistance

Saudi Aramco’s stock is moving within a downward channel that began in May and is testing resistance near SAR 26.23 amid declining trading volumes, reflecting traders’ caution. A breakout above resistance, with a four-hour candle closing above it, could open the way to SAR 26.86–27.24, followed by SAR 27.87–28.40 if positive momentum continues. The nearest support is at SAR 25.60; a break below it could push the stock toward SAR 25.18.

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