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2026-10-07T08:38:15.307Z

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Saud's share tests technical levels after breaking trend

Saud's share tests technical levels after breaking trend

The share of Saad Logistics Services Company experienced a positive movement during the trading session, successfully surpassing the downward trendline that had been weighing on its price since July 2026. It is now approaching a key resistance level at 2.47 SAR, and if it continues to stabilize above this level, it will increase the chances of a continued upward trend, with a potential target at 2.52 SAR, 2.58 SAR, and higher zones. The stock must maintain a support level at 2.40 SAR to avoid losing momentum. Historically, the stock saw gains in early 2026 but faced declines before showing signs of a rebound once again.

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