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AvivaSA Emeklilik ve Hayat Anonim Stock Forecast

TRY 84.65
+1.25 (+1.50%)
At Close: Apr 30, 2024

Explanation to Bollinger's Bands

Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.

Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.

Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation

BandWidth defines the current width of the band.
%b defines the current position within the band.

BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)

Live Samples:

Bollinger Bottleneck Buy Pattern 1
Bollinger Bottleneck Buy Pattern 2
Bollinger Bottleneck Sell Pattern

Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.

Source: http://www.bollingerbands.com

RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
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AvivaSA Emeklilik ve Hayat Anonim stock price up 1.50% on Tuesday
(Updated on Apr 30, 2024)

Buy or Hold candidate since Jan 22, 2024 Gain 52.11% PDF

The AvivaSA Emeklilik ve Hayat Anonim stock price gained 1.50% on the last trading day (Tuesday, 30th Apr 2024), rising from TRY 83.40 to TRY 84.65. During the last trading day the stock fluctuated 4.14% from a day low at TRY 82.05 to a day high of TRY 85.45. The price has risen in 7 of the last 10 days and is up by 12.87% over the past 2 weeks. Volume fell on the last day by -379 thousand shares and in total, 387 thousand shares were bought and sold for approximately TRY 32.73 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.

The stock lies in the upper part of a wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at TRY 86.45 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 35.96% during the next 3 months and, with a 90% probability hold a price between TRY 103.47 and TRY 117.53 at the end of this 3-month period.

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AVISA.IS Signals & Forecast

Mostly positive signals in the chart today. The AvivaSA Emeklilik ve Hayat Anonim stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at TRY 81.01 and TRY 75.34. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has risen 24.30%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for AvivaSA Emeklilik ve Hayat Anonim stock

On the downside, the stock finds support just below today's level from accumulated volume at TRY 74.45 and TRY 73.80. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, AvivaSA Emeklilik ve Hayat Anonim finds support just below today's level at TRY 74.45. If this is broken, then the next support from accumulated volume will be at TRY 73.80 and TRY 64.70.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved TRY 3.40 between high and low, or 4.14%. For the last week, the stock has had daily average volatility of 4.62%.

Our recommended stop-loss: TRY 80.76 (-4.59%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 21 days ago.)

Trading Expectations (AVISA.IS) For The Upcoming Trading Day Of Thursday 2nd

For the upcoming trading day on Thursday, 2nd we expect AvivaSA Emeklilik ve Hayat Anonim Sirketi to open at TRY 84.05, and during the day (based on 14 day Average True Range), to move between TRY 80.88 and TRY 88.42, which gives a possible trading interval of +/-TRY 3.77 (+/-4.45%) up or down from last closing price. If AvivaSA Emeklilik ve Hayat Anonim Sirketi takes out the full calculated possible swing range there will be an estimated 8.90% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ TRY 74.45, some TRY 10.20 (12.05%) from the current price of TRY 84.65, our system finds the risk reward attractive.

Is AvivaSA Emeklilik ve Hayat Anonim Sirketi stock A Buy?

AvivaSA Emeklilik ve Hayat Anonim holds several positive signals and is within a strong 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.

Current score: 6.251 Strong Buy Candidate Unchanged

Predicted Opening Price for AvivaSA Emeklilik ve Hayat Anonim Sirketi of Thursday, May 2, 2024

Fair opening price May 2, 2024 Current price
TRY 84.05 ( 0.709%) TRY 84.65

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for AVISA.IS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 87.45 3.31 %
R2 86.15 1.77 %
R1 85.35 0.83 %
Current price: 84.65
Support S1 82.75 -2.24 %
S2 81.95 -3.19 %
S3 80.65 -4.73 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 84.65
Support S1 74.45 -12.05%
S2 73.80 -12.82%
S3 64.70 -23.57%

FAQ

What is the symbol for AvivaSA Emeklilik ve Hayat Anonim Sirketi Stock and on which exchange is it traded?
The symbol for AvivaSA Emeklilik ve Hayat Anonim Sirketi is AVISA.IS and it is traded on the BIST (Istanbul Stock Exchange).

Should I buy or sell AvivaSA Emeklilik ve Hayat Anonim Sirketi Stock?
AvivaSA Emeklilik ve Hayat Anonim holds several positive signals and is within a strong 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.

How to buy AvivaSA Emeklilik ve Hayat Anonim Sirketi Stock?
AvivaSA Emeklilik ve Hayat Anonim Sirketi Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy AvivaSA Emeklilik ve Hayat Anonim Sirketi Stock.

What's the current price of AvivaSA Emeklilik ve Hayat Anonim Sirketi Stock?
As of the end of day on the Apr 30, 2024, the price of an AvivaSA Emeklilik ve Hayat Anonim Sirketi (AVISA.IS) share was TRY 84.65.

What is the 52-week high and low for AvivaSA Emeklilik ve Hayat Anonim Sirketi Stock?
The 52-week high for AvivaSA Emeklilik ve Hayat Anonim Sirketi Stock is TRY 85.55 and the 52-week low is TRY 25.64.
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