6 Hrs
معلومات مباشر
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معلومات مباشر

2026-11-08T10:32:58.623Z

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Takween Stock Breakout

Takween Stock Breakout

Takween Advanced Industries (1201) broke above its nine-day exponential moving average after rebounding from an annual low of SAR 3.22, accompanied by higher trading volumes and a bullish crossover on the MACD. The stock is trading at SAR 3.43, with technical analysis pointing to targets of SAR 3.55, SAR 3.60 and then SAR 3.80, and a stop-loss level of SAR 3.30. The rebound follows a decline from SAR 6.64 in January, while a continued recovery depends on the stock holding support and sustaining buying momentum.

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