Fourth Milling Company (2286) share price remains unchanged amid negative pressure – Daily Forecast – 04-10-2026

The share price of Fourth Milling Company (2286) closed unchanged in its latest session, amid continued negative pressure resulting from trading below its 50-day simple moving average, which acts as dynamic resistance reinforcing the dominance of the short-term corrective bearish trend, especially as it moves along a trendline supporting this path. Conversely, we note that the Relative Strength Index (RSI) has entered deeply oversold areas, which helped the stock maintain this consolidation as it needs to dissipate some of this oversold condition. Therefore, our expectations point to a decline in the share price during upcoming trading, especially as long as it remains below the 3.80 SAR resistance level, targeting its next support at 3.60 SAR.

Batic Investment and Logistics Company (4110) share price remained unchanged in its latest session, amid the dominance of the main bearish trend in the medium term, with its movements along a sub-trendline supporting this path and increasing the likelihood of deepening losses, especially with continued negative pressure from trading below its 50-day simple moving average. This compounds the negative pressures surrounding it, with negative signals emerging from the RSI, despite reaching deeply oversold areas.

Umm Al-Qura Cement (3005) share price rose slightly in its latest intraday trading, following the consolidation of the pivotal support level at 11.11 SAR, which provided some positive momentum that helped it achieve these gains, through which it attempts to recover some of its previous losses. This occurs under the dominance of the main bearish trend in the medium and short term, with continued negative pressure from trading below its 50-day simple moving average. We also note negative signals from the RSI after the stock managed to dissipate some of its oversold condition, increasing the negative pressure around it.

Bitcoin (BTCUSD) price fell during its latest intraday trading, following the consolidation of the pivotal resistance level at $87,000. With this decline, the price is attempting to gain positive momentum that may help it recover and breach that resistance, while simultaneously trying to dissipate some of its clear overbought condition in the RSI, especially with the start of negative signals from it. This comes amid the dominance of the main bullish trend in the short term, with movements along a sub-trendline supporting this path, in addition to continued positive pressure from trading above its 50-day simple moving average, which enhances the chances of price recovery in the near term.