Knowledge City stock hits resistance after channel breakout

The performance of the knowledge city company's stock has experienced a noticeable shift after surpassing the upper boundary of the descending price channel that has been controlling its movement since July 2025. Currently, it is testing key resistance levels at 13.18 SAR. If the stock manages to stay above this level, it could target higher levels ranging between 13.50 and 14.48 SAR, with buying momentum continuing, while support levels at 12.30 SAR remain critical to prevent a reversal to a downward trend. It is worth noting that technical indicators such as the ADX suggest increasing strength in the upward trend, with resistance expected at 15.15 SAR. However, the overall trend for the stock still leans toward decline in the long term.

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