Mutakamilah Shares Near Resistance Level
Al-Mutakamil stock has been trading sideways since March 2026, after a relatively strong recovery from a sharp decline that began at the start of the year. The stock found support in a strong demand zone around 8.25-7.40 Riyals. It is now approaching resistance at 9.54 Riyals, with expectations that it will surpass this level and target approximately 9.77-10.05 Riyals, provided it remains above 9.04 Riyals. Over the longer term, the overall trend remains downward, although there are indications of potential fluctuations around the current support and resistance levels.
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