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2026-11-08T12:34:09.026Z

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Advanced Shares Recover at Support Levels

Advanced Shares Recover at Support Levels

Shares of Saudi Advanced Industries Company (“Mutadvanced”) rebounded from a rising low of SAR 11.90, as buying momentum improved and the RSI traded above 50. The share price stood at around SAR 12.65. A break above resistance at SAR 12.98 would confirm the continuation of the uptrend; technical targets then point to SAR 13.35, followed by SAR 13.65 and SAR 14.30. The shares had fallen from SAR 17.79 in July to a low of SAR 11.34 in October.

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