BATIC (4110) share price faces negative pressure – Daily Forecast – 04-10-2026

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. It is moving along a sub-trend line that supports this path and increases the likelihood of further losses, especially with continued negative pressure from trading below the 50-day simple moving average. This compounds the negative pressures surrounding the stock, despite negative signals from the Relative Strength Index (RSI), even as it reaches oversold areas. Therefore, our forecast points to a decline in the share price during upcoming trading, provided it remains below the resistance level of 1.90 SAR, targeting the next support at 1.75 SAR.

Umm Al-Qura Cement (3005) share price advanced slightly in its latest intraday trading, following the consolidation of the pivotal support level at 11.11 SAR. This provided some positive momentum that helped it achieve gains, attempting to recover some previous losses, despite the dominance of the main bearish trend in the medium and short term. Negative pressure continues from trading below the 50-day simple moving average, and we note negative signals from the RSI after the stock managed to shed some of its oversold status, increasing the negative pressure around it.

Bitcoin (BTCUSD) price declined 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 shed some of its clear overbought status in the RSI, especially as negative signals begin to emerge. This occurs amid the dominance of the main bullish trend in the short term, with movements along a sub-trend line supporting this path, in addition to continued positive pressure from trading above the 50-day simple moving average, which enhances the chances of price recovery in the near term.

Crude Oil price advanced during its latest intraday levels following the consolidation of the pivotal support level at $89.00. This provided some positive momentum through which the price is attempting to recover some previous losses, amid the dominance of the corrective bearish trend in the short term, with movements along a trend line supporting this path, alongside negative pressure resulting from trading below the 50-day simple moving average, in addition to negative signals from the RSI.