Almarai shares face new resistance amid possible trend shift

Almarai company's stock has shown positive technical shifts in recent trading sessions, beginning to display strong signals indicating the potential end of the prevailing downtrend. This outlook is supported by positive momentum indicators and a bullish crossover on the MACD. The current price stands at 43.64 SAR, with an initial target of 44.80 SAR. There’s also a possibility of reaching 46.10 SAR if it manages to break through the simple moving average, which would enhance the chances of a return to an upward trend. Purchase opportunities are conditional on the support level of 42.00 SAR holding; a breach below this level could expand the decline towards new lows. It is worth noting that the stock started 2026 in a strong upward trend before entering a bearish phase.

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