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2026-11-03T11:09:09.071Z

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BSF regains key averages

BSF regains key averages

Banque Saudi Fransi’s stock has returned to trading above its 200-day moving average, supported by rising trading volumes, a break above the middle Bollinger Band, and a positive MACD crossover. This follows its drop below the average in late October. The stock is trading near SAR 19.64, with technical targets at SAR 20.15 and SAR 20.65, followed by SAR 21.65 if it breaks above resistance at SAR 21.12. The technical analysis identifies SAR 19.05 as the stop-loss level, as a fall below it could weaken positive momentum.

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