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2026-11-11T12:05:49.882Z

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Sanad Shares Hold Steady

Sanad Shares Hold Steady

Sanad Holding’s stock held above resistance at SAR 7.19, alongside improved trading volumes and technical indicators, while remaining above its 50- and 100-period moving averages on the two-hour chart. The technical outlook points to initial targets of SAR 7.44–7.55, followed by SAR 7.73–7.92, provided the stock holds above support at SAR 6.98. Resistance at SAR 8.20 is a pivotal medium-term level. The formation of higher price lows since November reinforces signs of recovery, after the stock recorded a low of SAR 6.12 in October.

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