📈 TASI Index | Rejecting or Ready to Break Out!

The Tadawul All Shares Index (TASI) concluded the previous week with notable performances across its key indices, experiencing a loss of 1.60%. This resulted in an accumulation of 203 points, settling the index at 12,502. Notably, the index has shown rejection from 12,883 which will acts as resistance for the upcoming session for the index. If this resistance breaks then more upward can be seen. Otherwise support lies around 12,225 and secondary support around 12,049.

Market Summery
Close: 12,502
Change: -203
Volume(bn): 1.64
RSI: 60
High: 12,812
Low: 12,346

Pivots
R-3: 13,236
R-2: 13,060
R-1: 12,730
PP: 12,554
S-1: 12,225
S-2: 12,049
S-3: 11,720