

Market Outlook · ahmed alhajri · October 4, 2026
Raoom (4144) share price attempts to shed its negative pressure – Today’s Forecast – 04-10-2026
Raoum (4144) share price rose during its recent intraday trading, successfully surpassing the resistance of its 50-day simple moving average. This is a significant step toward shedding negative pressure, opening the door for further gains in the near term, especially as positive signals emerge from the relative strength indicators after reaching oversold areas. This occurs amid the dominance of the main short-term bullish trend, with the stock moving along a trendline that supports this path.
Therefore, our expectations point to a rise in the share price during its upcoming trading sessions, provided that the 72.30 SAR support level holds, targeting the pivotal resistance level of 80.95 SAR.
DBS (7205) share price advanced cautiously during its recent intraday levels in an attempt to recover some of its previous losses. At the same time, it is attempting to ease some of its clear oversold status in the relative strength indicators, particularly with the beginning of a positive crossover. This comes amid the dominance of the main short-term bearish trend, with the stock moving along a trendline that supports this path, in addition to continued negative pressure from trading below its 50-day simple moving average, which acts as dynamic resistance that limits the chances of a full recovery in the near term.
TALCO (4143) share price is witnessing volatile trading within a narrow range during its recent intraday levels, amid the dominance of the main medium-term bearish trend, with the stock moving along a trendline that supports this path. Additionally, there is continued negative pressure from trading below its 50-day simple moving average, which acts as dynamic resistance that compounds negative pressures on the stock and signals a potential decline. However, we note the emergence of positive signals from the relative strength indicators, which has helped the stock temporarily hold its ground against these negative pressures.
Arab Sea Information Systems (7201) share price rose in its recent intraday trading in a desperate attempt to recover some of its previous losses. At the same time, it is attempting to ease some of its clear oversold status in the relative strength indicators, especially with the beginning of a positive crossover. This occurs amid continued negative pressure from trading below its 50-day simple moving average, which acts as dynamic resistance that reinforces the stability and dominance of the main medium-term bearish trend, especially with its movement along a trendline that supports this path.
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