16 Hrs
Source:
مباشر
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Amana Tests Resistance
Amanah Insurance’s share price has been consolidating between SAR 5.30 and SAR 5.80 since late October. It is trading near SAR 5.60 after hitting an annual low of SAR 4.98, while a bullish MACD crossover points to improving buying momentum. Analysts are watching to see whether it can hold above SAR 5.70, which could open the way to targets of SAR 5.85, then SAR 6.00 and SAR 6.30. A drop below SAR 5.50, however, would be a negative signal and a technical stop-loss level.
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