Sinad Holding (4080) share price rises on pivot support impact – Today's forecast – 04-10-2026

The share price of Sinad Holding (4080) rose in its recent intraday trading, following the consolidation of the pivot support level at 7.58 SAR. Through these gains, the stock is attempting to recover part of its previous losses while simultaneously trying to work off some of its oversold status in the Relative Strength Index (RSI), especially as positive signals begin to emerge. With this rise, the stock touched the resistance of its 50-day simple moving average, which threatens these gains with a potential pullback, particularly given the dominance of the main bearish trend in the medium term and its movement along a trendline that supports this path. Therefore, our expectations lean toward a decline in the share price during upcoming trading sessions, provided the resistance level of 8.50 SAR holds, targeting the aforementioned support level of 7.58 SAR again. The share price of Attaa Educational Company (4292) continued to fall during its recent intraday levels, amid the total dominance of the main bearish trend in the short term, moving along a trendline that supports this path, in addition to continued negative pressure resulting from trading below its 50-day simple moving average, which acts as dynamic resistance limiting the chances of a full recovery in the near term, especially with negative signals from the RSI despite reaching deeply oversold areas. The share price of Fourth Milling Company (2286) closed unchanged in its last session, amid continued negative pressure from trading below its 50-day simple moving average, which represents dynamic resistance reinforcing the dominance and stability of the corrective bearish trend in the short term, especially with its movement along a trendline that supports this path. However, we note that the RSI has entered deeply oversold areas, which helped the stock maintain this consolidation due to its need to work off some of this oversold status. The share price of Batic Investments and Logistics Company (4110) remained unchanged in its last session, amid the dominance of the main bearish trend in the medium term, moving along a sub-trendline that supports this path and increases the probability of the stock deepening its losses, especially with continued negative pressure from trading below its 50-day simple moving average, which doubles the negative pressures surrounding it, alongside negative signals from the RSI despite reaching deeply oversold areas.