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Print-Pack Shares Recover

Print-Pack Shares Recover

The Saudi Printing and Packaging Company’s stock rebounded from its historic low of SAR 41.50, supported by higher trading volumes and a positive divergence in the Relative Strength Index (RSI), signaling a decline in selling momentum. The stock broke through resistance at SAR 45.50, with targets of SAR 46.50–47.60, and could reach SAR 48.97 if it holds above the breakout levels. However, a drop below the support range of SAR 44–43.40 could weaken the recovery outlook and bring selling pressure back.

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