Breakout Stocks of Week 27 @ BIST
NASDAQ was up last week (week 26) by 0.244% ending at 17,732.60 points after gaining 43.24 points during the week. Our system has detected some possible breakout stocks for the following week and these should be on your watchlist. These are the stocks that are bouncing up with good increase in volume and are likely to do good in short term. One of these stocks are Karel Elektronik Sanayi Ve Ticaret A.S. BIST:KAREL. This stock has had a buy signal since Jun 28, 2024 when the price was TRY 15.50 , but have so far fallen 0% to TRY 15.50. Some other companies are on our watchlist to, among these are Alkim Kagit Sanayi ve Ticaret AS BIST:ALKA Pardus Girisim Sermayesi Yatirim Ortakligi Anonim Sirketi BIST:PRDGS Ozderici Gayrimenkul Yatirim Ortakligi A.S. BIST:OZGYO and A.V.O.D. Kurutulmus Gida ve Tarim Urunleri A.S. BIST:AVOD which all got a breakout pattern emerging.
| Date | Company | Price | Change |
|---|---|---|---|
| Karel Elektronik Sanayi Ve Ticaret A.s. | TRY 15.50 | TRY 15.51 ( 2nd Jul 2024 ) | 0.0645% |
| Alkim Kagit Sanayi Ve Ticaret As | TRY 28.48 | TRY 27.48 ( 2nd Jul 2024 ) | -3.51% |
| Pardus Girisim Sermayesi Yatirim Ortakligi Anonim... | TRY 6.36 | TRY 6.29 ( 2nd Jul 2024 ) | -1.10% |
| Ozderici Gayrimenkul Yatirim Ortakligi A.s. | TRY 5.50 | TRY 5.42 ( 2nd Jul 2024 ) | -1.45% |
| A.v.o.d. Kurutulmus Gida Ve Tarim Urunleri A.s. | TRY 3.46 | TRY 3.39 ( 2nd Jul 2024 ) | -2.02% |
The Karel Elektronik Sanayi Ve Ticaret A.S. stock price gained 0.519% on the last trading day (Friday, 28th Jun 2024), rising from TRY 15.42 to TRY 15.50. During the last trading day the stock fluctuated 3.06% from a day low at TRY 15.37 to a day high of TRY 15.84. The price has fallen in 6 of the last 10 days but is still up by 1.04% over the past 2 weeks. Volume fell on the last day by -950 thousand shares and in total, 6 million shares were bought and sold for approximately TRY 97.37 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
Karel Elektronik Sanayi Ve Ticaret A.S. holds several positive signals and is within a weak rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.
About Karel Elektronik Sanayi Ve Ticaret A.S.:
Karel Elektronik Sanayi Ve Ticaret A.S. designs, develops, produces, and sells wired or wireless communication systems in Turkey. It offers communication products, such as PBX phone systems for small, medium, and large-scale businesses; IP based call center systems for public and private institutions; and IP, analog, wall, hotel, and feature phones, as well as direct station select modules, and operator phone headsets. The company also provides convergence and integration products, including conference products, GSM terminals, wireless (DECT) systems, auto-attendant and voicemail modules, call traffic control systems, VoIP and network products, call recording systems, nurse call systems, and other products, as well as vehicle tracking systems. In addition, it offers visual communication and security systems comprising security cameras, intruder alarm, and intercoms; cloud solutions with Internet applications that facilitate the business processes, and provide economy and productivity for corporate users; and electronics manufacturing services, as well as undertakes telecommunication projects for fixed and mobile operators, and state institutions and organizations. The company provides its communication solutions for hotels, public institutions, medical institutions, educational institutions, production facilities, retail business, finance institutions, and transportation institutions. It also exports its products and technologies to approximately 30 countries. Karel Elektronik Sanayi Ve Ticaret A.S. was founded in 1986 and is based in Istanbul, Turkey.
The Alkim Kagit Sanayi ve Ticaret AS stock price gained 2.23% on the last trading day (Friday, 28th Jun 2024), rising from TRY 27.86 to TRY 28.48. During the last trading day the stock fluctuated 3.97% from a day low at TRY 27.68 to a day high of TRY 28.78. The price has fallen in 6 of the last 10 days and is down by -2.26% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 508 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately TRY 31.35 million.
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Alkim Kagit Sanayi ve Ticaret AS stock to perform well in the short-term.
Pardus Girisim Sermayesi Yatirim Ortakligi Anonim Sirketi
BIST:PRDGSThe Pardus Girisim Sermayesi Yatirim stock price gained 0.315% on the last trading day (Friday, 28th Jun 2024), rising from TRY 6.34 to TRY 6.36. During the last trading day the stock fluctuated 4.96% from a day low at TRY 6.25 to a day high of TRY 6.56. The price has risen in 6 of the last 10 days and is up by 0.63% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 187 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately TRY 13.59 million.
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Pardus Girisim Sermayesi Yatirim stock to perform well in the short-term period.
The Ozderici Gayrimenkul Yatirim Ortakligi stock price fell by -1.79% on the last day (Friday, 28th Jun 2024) from TRY 5.60 to TRY 5.50. During the last trading day the stock fluctuated 2.56% from a day low at TRY 5.47 to a day high of TRY 5.61. The price has fallen in 6 of the last 10 days but is still up by 1.85% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -8 million shares and in total, 3 million shares were bought and sold for approximately TRY 14.29 million.
Several short-term signals are positive and we conclude that the current level may hold a buying opportunity, as there is a fair chance for Ozderici Gayrimenkul Yatirim Ortakligi stock to perform well in the short-term period.
About Ozderici Gayrimenkul Yatirim Ortakligi A.S.:
Ozderici Gayrimenkul Yatirim Ortakligi A.S. operates as a real estate investment trust in Turkey. It designs projects in the real estate property sector in the areas of land improvement, project design, and urban transformation, as well as focuses on the housing sector. The company was founded in 1992 and is headquartered in Istanbul, Turkey.
The A.V.O.D. Kurutulmus Gida ve Tarim stock price gained 0.581% on the last trading day (Friday, 28th Jun 2024), rising from TRY 3.44 to TRY 3.46. During the last trading day the stock fluctuated 2.33% from a day low at TRY 3.43 to a day high of TRY 3.51. The price has fallen in 5 of the last 10 days but is still up by 2.98% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 1 million more shares were traded than the day before. In total, 6 million shares were bought and sold for approximately TRY 20.33 million.
A.V.O.D. Kurutulmus Gida ve Tarim holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
About A.V.O.D. Kurutulmus Gida ve Tarim Urunleri A.S.:
A.V.O.D. Kurutulmus Gida ve Tarim Ürünleri A.S. provides dried vegetables and derivatives, and vegetable based convenience foods under the Farmer`s Choice brand name in Turkey. Its products include sun dried tomatoes, oven semi dried tomatoes, sauces and bruschettas, fermented vegetables and grilled products, and grilled vegetables. The company serves hotels, restaurants, and the catering industry, as well as retail chains. It also exports its products. The company was founded in 2003 and is based in Izmir, Turkey.
Despite these candidates are looking good from a technical perspective they may not perform as expected. You should always be cautious when trading and base your decisions on more than one source of information. This does not constitute an offer or recommendation to buy or sell securities.
