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2026-11-08T08:10:43.704Z

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CGS Shares Extend Gains

CGS Shares Extend Gains

“CGS” stock continued to rise after breaking above SAR 6.39, with an initial target of SAR 7.16 and subsequent levels between SAR 7.35 and SAR 7.64. It could reach SAR 7.90 if buying momentum continues. The technical outlook recommends raising the profit-protection level to SAR 6.85, while repeated closes above the SAR 6.63 resistance level would support the continuation of the uptrend. During 2026, the stock moved from a high of nearly SAR 10.56 in January to a low near SAR 5.10 in October, before its recent recovery attempts.

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