Cairo – Mubasher: The stock of Mansoura Poultry Company has been under significant selling pressure since December 2025.
Technical analysis noted that the price rebounded from a key support level, which coincides with a significant support zone around EGP 1.39.
Mubasher Research added that the price successfully rebounded and is currently testing significant resistance near EGP 1.49.
Holding above this level supports the potential for an upward move towards EGP 1.55, then the EGP 1.58-EGP 1.60 range.
The Relative Strength Index (RSI) shows a rebound from oversold territory, suggesting a possible easing of selling pressure.
Conversely, a drop below EGP 1.40 weakens the potential for a rebound to these levels and indicates continued selling pressure.
Price Action Summary
Mansoura Poultry's stock began 2025 with a notable rise during the first quarter, forming higher highs and lows accompanied by high trading volumes.
From May to June, signs of weakness appeared in the price behavior and the stock entered a deep downward correction.
Then the stock entered an upward trend by forming rising peaks until October, achieving a historic peak at EGP 2.00, then the price witnessed a downward correction that lasted until February 2026.
Disclaimer:
This analysis is based on technical analysis tools and reflects a comprehensive analytical view that may vary depending on interpretation methods.
It does not constitute a direct recommendation to buy or sell, nor an invitation to make investment decisions. This is intended solely for monitoring and study purposes. Investment decisions are the sole responsibility of the investor, based on their financial situation and investment goals.
