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A technical report indicates that the Riyad Bank stock is facing challenges in breaking above the downward trend that began in April 2026, as traders await clear technical signals to determine its next direction. To see an improvement in performance, a breakthrough above the main resistance level at 20.70 riyals is needed, supported by increased trading volumes, which could pave the way for gains reaching between 21.10 and 21.48 riyals. In the long term, data suggests an overall positive trend; however, regaining momentum also requires maintaining a support level at 19.90 riyals. A break above 21.46 riyals is awaited to open the door for testing April’s peak at 22.40 riyals and fully regaining bullish momentum.
تنويه: هذا ملخص تم إنشاؤه بواسطة الذكاء الاصطناعي
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