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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.
AI Analysis of AYEN.IS
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Stronger technical forecast for Ayen Enerji A.S. stock price after Friday trading.
(Updated on May 17, 2024)

Buy or Hold candidate since Apr 18, 2024 Gain 15.25% PDF

The Ayen Enerji A.S. stock price gained 2.58% on the last trading day (Friday, 17th May 2024), rising from TRY 31.82 to TRY 32.64. During the last trading day the stock fluctuated 5.75% from a day low at TRY 31.32 to a day high of TRY 33.12. The price has been going up and down for this period, and there has been a -2.8% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 55 thousand more shares were traded than the day before. In total, 3 million shares were bought and sold for approximately TRY 93.23 million.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 16.88% during the next 3 months and, with a 90% probability hold a price between TRY 33.36 and TRY 42.39 at the end of this 3-month period.

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AYEN.IS Signals & Forecast

The Ayen Enerji A.S. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately TRY 33.53. On a fall, the stock will find some support from the long-term average at approximately TRY 30.13. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Thursday, May 16, 2024, and so far it has risen 2.58%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Ayen Enerji A.S. stock

Ayen Enerji A.S. finds support from accumulated volume at TRY 31.94 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved TRY 1.80 between high and low, or 5.75%. For the last week, the stock has had daily average volatility of 5.48%.

Our recommended stop-loss: TRY 31.01 (-4.98%) (This stock has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 1 day ago.)

Trading Expectations (AYEN.IS) For The Upcoming Trading Day Of Monday 20th

For the upcoming trading day on Monday, 20th we expect Ayen Enerji A.S. to open at TRY 32.36, and during the day (based on 14 day Average True Range), to move between TRY 30.78 and TRY 34.50, which gives a possible trading interval of +/-TRY 1.86 (+/-5.70%) up or down from last closing price. If Ayen Enerji A.S. takes out the full calculated possible swing range there will be an estimated 11.39% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at TRY 32.80 (0.49%) than the support at TRY 31.94 (2.14%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Earnings coming up

Is Ayen Enerji A.S. stock A Buy?

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 Ayen Enerji A.S. stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.078 Buy Candidate Upgraded

Predicted Opening Price for Ayen Enerji A.S. of Monday, May 20, 2024

Fair opening price May 20, 2024 Current price
TRY 32.36 ( 0.86%) TRY 32.64

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

Trading levels for AYEN.IS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 34.16 4.66 %
R2 33.47 2.55 %
R1 33.05 1.25 %
Current price: 32.64
Support S1 31.67 -2.96 %
S2 31.25 -4.27 %
S3 30.56 -6.37 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 35.50 8.76 %
R2 33.58 2.88 %
R1 32.80 0.490 %
Current price 32.64
Support S1 31.94 -2.14%
S2 31.74 -2.76%
S3 30.06 -7.90%

AYEN Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 26, 2023 Apr 26, 2023 Apr 26, 2023 TRY 0.98 4.07%
2 Apr 25, 2022 Apr 25, 2022 Apr 25, 2022 TRY 0.113 0.670%
3 Jun 27, 2012 Jun 27, 2012 Jun 27, 2012 TRY 0.157 12.76%
4 May 27, 2010 May 27, 2010 May 27, 2010 TRY 0.151 10.56%
5 May 29, 2009 May 29, 2009 May 29, 2009 TRY 0.162 14.76%

FAQ

What is the symbol for Ayen Enerji A.S. Stock and on which exchange is it traded?
The symbol for Ayen Enerji A.S. is AYEN.IS and it is traded on the BIST (Istanbul Stock Exchange).

Should I buy or sell Ayen Enerji A.S. Stock?
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 Ayen Enerji A.S. stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Ayen Enerji A.S. Stock?
Ayen Enerji A.S. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Ayen Enerji A.S. Stock.

What's the current price of Ayen Enerji A.S. Stock?
As of the end of day on the May 17, 2024, the price of an Ayen Enerji A.S. (AYEN.IS) share was TRY 32.64.

What is the 52-week high and low for Ayen Enerji A.S. Stock?
The 52-week high for Ayen Enerji A.S. Stock is TRY 46.36 and the 52-week low is TRY 19.43.

What is the market capitalization of Ayen Enerji A.S. Stock?
As of the May 17, 2024, the market capitalization of Ayen Enerji A.S. is 9.058B.

When is the next earnings date for Ayen Enerji A.S.?
The upcoming earnings date for Ayen Enerji A.S. is May 17, 2024.
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About Ayen Enerji A.S.

Ayen Enerji A.S. Ayen Enerji A.S., together with its subsidiaries, engages in the production, distribution, and trading of electricity in Turkey and internationally. It generates electricity through hydroelectric and wind sources. The company was incorporated in 1990 and is based in Ankara, Turkey. Ayen Enerji A.S. is a subsidiary of Aydiner Insaat AS.... AYEN.IS Profile

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