- research@naranjcapital.com
The National Company for Learning & Education in Saudi Arabia, headquartered in Riyadh, is a prominent organization in the education sector. It engages in the ownership, establishment, management, and operation of private schools for providing educational services and resources to students and educators in the country. The company also invests in sports fields, entertainment, and student sports clubs.
NCLE —  TASI —
Price is continuously hugging and sometimes exceeded the upper band. This shows the upside momentum will be continued.
Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.
Based on our Saudi Stocks Trading Advice, National Company for Learning & Education stock price target will be SAR 186 - SAR 190 in the next 15-18 trading sessions.
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