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Care Nears Key Resistance

Care Nears Key Resistance

National Medical Care Company (“Care”) stock began November on a relatively positive note and is testing a key resistance level at SAR 112.30. A four-hour close above this level could pave the way to SAR 115.60–118.20, followed by SAR 121.40–124.20 if the stock holds above the next levels. Conversely, SAR 107.90 is an important support level; trading below it could weaken momentum and increase selling pressure. Despite attempts to build a base for recovery since June 2026, the stock remains in a broader downtrend.

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