1000 YATIRIMLAR HOL. Stock Forecast
1000 YATIRIMLAR HOL. stock price up 2.35% on Friday
(Updated on Jun 14, 2024)
The 1000 YATIRIMLAR HOL. stock price gained 2.35% on the last trading day (Friday, 14th Jun 2024), rising from TRY 383.00 to TRY 392.00. During the last trading day the stock fluctuated 4.40% from a day low at TRY 380.25 to a day high of TRY 397.00. The price has fallen in 6 of the last 10 days and is down by -7.33% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 147 thousand more shares were traded than the day before. In total, 575 thousand shares were bought and sold for approximately TRY 225.31 million.
The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -20.22% during the next 3 months and, with a 90% probability hold a price between TRY 293.47 and TRY 389.49 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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BINHO.IS Signals & Forecast
A buy signal was issued from a pivot bottom point on Wednesday, June 12, 2024, and so far it has risen 5.38%. 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. The 1000 YATIRIMLAR HOL. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at TRY 457.93. On a fall, the stock will find some support from the short-term average at TRY 389.89. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for 1000 YATIRIMLAR HOL. stock
1000 YATIRIMLAR HOL. finds support from accumulated volume at TRY 383.00 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 16.75 between high and low, or 4.40%. For the last week, the stock has had daily average volatility of 3.35%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (BINHO.IS) For The Upcoming Trading Day Of Thursday 20th
For the upcoming trading day on Thursday, 20th we expect 1000 YATIRIMLAR HOL. to open at TRY 389.75, and during the day (based on 14 day Average True Range), to move between TRY 370.45 and TRY 413.55, which gives a possible trading interval of +/-TRY 21.55 (+/-5.50%) up or down from last closing price. If 1000 YATIRIMLAR HOL. takes out the full calculated possible swing range there will be an estimated 11.00% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at TRY 383.00 (2.30%) than the resistance at TRY 452.50 (15.43%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is 1000 YATIRIMLAR HOL. stock A Buy?
1000 YATIRIMLAR HOL. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score: -3.332 Sell Candidate Unchanged
Predicted Opening Price for 1000 YATIRIMLAR HOL. of Thursday, June 20, 2024
| Fair opening price June 20, 2024 | Current price |
|---|---|
| TRY 389.75 ( 0.574%) | TRY 392.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for BINHO.IS
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 406.50 | 3.70% |
| R2 | 400.10 | 2.07% |
| R1 | 396.15 | 1.06% |
| Price | 392.00 | |
| S1 | 383.35 | -2.21% |
| S2 | 379.40 | -3.21% |
| S3 | 373.00 | -4.85% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 480.75 | 22.64% |
| R2 | 472.25 | 20.47% |
| R1 | 452.50 | 15.43% |
| Price | 392.00 | |
| S1 | 383.00 | -2.30% |
| S2 | 376.75 | -3.89% |
| S3 | 372.00 | -5.10% |
FAQ
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