Metawara shares face continued decline

The share of Saudi Industrial Development Company (Moteqatera) has experienced continuous selling pressure, leading to a break of key support levels. It closed at 14.78 SAR, raising the likelihood of further decline toward new support zones between 14.28 and 13.97 SAR, with a possible test of the main support level at 13.30 SAR if the pressures persist. Technical indicators indicate that the overall trend remains strongly bearish, despite some temporary signs of weak buying momentum. To return to an upward trend, the price needs to close above 14.90 SAR to ease current pressures. Since the beginning of 2026, the stock attempted a corrective rebound with weak retests before resuming its downward direction. Buying momentum remains weak, and trading has been concentrated near critical support levels.

articleDetails.fontSize.sizeحجم النص

تنويه: هذا ملخص تم إنشاؤه بواسطة الذكاء الاصطناعي

عرض المقال بالكامل