Ataa Educational (4292) share price deepens losses – Daily Forecast – 04-10-2026

The share price of Ataa Educational Company (4292) continued to decline during its recent intraday levels, amid the total dominance of the main bearish trend in the short term. It is moving along a trend line that supports this path, in addition to the continued negative pressure resulting from trading below its 50-day simple moving average, which acts as dynamic resistance limiting the stock's chances of a full recovery in the near term, especially with negative signals emerging from the relative strength indicators, despite them reaching oversold areas.

Therefore, our expectations point to a continued decline in the stock price during its upcoming trades, as long as the 41.80 SAR resistance level holds, targeting its next support at 35.00 SAR.

Fourth Milling Company (2286) share price closed unchanged in its latest 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 trend line supporting this path. However, we note that the relative strength indicators have entered oversold areas, which helped the stock maintain this consolidation as it needs to dissipate some of this oversold condition.

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 movement along a sub-trend line 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, along with negative signals from the relative strength indicators, despite them reaching 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 gave it some positive momentum that helped it achieve those gains, through which it is attempting to recover some of its previous losses. This comes in light of 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 relative strength indicators after the stock managed to dissipate some of its oversold condition, which increases the negative pressure surrounding it.