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The Gulf Training and Educational Services Company stock experienced a significant decline due to ongoing selling pressure, after breaking the technical support level at 13.00 riyals. This led the stock into a phase of testing a previous support level that now acts as resistance. Throughout 2026, the stock moved through downward waves, losing important support levels near 17.00 riyals and continuing to decline until August, approaching a historical support at 13.00 riyals. Technical analyses indicate a potential rebound for the stock, with a possible retest of the 13.00 riyal level as resistance. There are expectations of a potential rise between 13.70 and 14.00 riyals if trading momentum increases, while a break below 12.54 riyals could send the stock back toward new price lows.
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