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2026-11-05T10:32:31.462Z

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Riyad Bank Breaks 200-DMA

Riyad Bank Breaks 200-DMA

Riyad Bank shares broke above their 200-day moving average during trading on November 5, rising 1.88% to around SAR 20.08. Positive technical signals also emerged, including bullish crossovers in the 9- and 21-day exponential moving averages and the MACD. The move followed a rebound from a low of SAR 18.59, with a price base forming near SAR 19.20. If buying momentum continues and the shares hold at current levels, technical targets of SAR 20.60, SAR 21.10 and then SAR 22.10 come into focus.

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