9 Hrs
Source:
مباشر
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Ma’aden Regains Support
Shares of Saudi Arabian Mining Company (Ma’aden) have regained ground above the key support level of SAR 54.90, accompanied by higher trading volumes. On November 4, 2026, the stock stood at SAR 57.80, up 3.96%. Technical analysis points to a double-bottom pattern, but confirmation requires a break above resistance at SAR 59.05. This could open the way to price targets between SAR 60.35 and SAR 62, followed by SAR 63.80 and SAR 64.80. SAR 57.20 is the initial support level, with stronger support at SAR 56.30. The stock remains in a secondary downtrend that it has yet to fully overcome.
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