Çelebi Hava Servisi A.S. Stock Forecast
Çelebi Hava Servisi A.S. stock price ended at TRY 1,713.00 on Friday, after losing 2.39%.
(Updated on Apr 26, 2024)
The Çelebi Hava Servisi A.S. stock price fell by -2.39% on the last day (Friday, 26th Apr 2024) from TRY 1,755.00 to TRY 1,713.00. During the last trading day the stock fluctuated 5.25% from a day low at TRY 1,695.00 to a day high of TRY 1,784.00. The price has been going up and down for this period, and there has been a -2.89% loss for the last 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 -49 thousand shares and in total, 170 thousand shares were bought and sold for approximately TRY 290.68 million.
The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at TRY 1,629.39 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 70.65% during the next 3 months and, with a 90% probability hold a price between TRY 2,780.50 and TRY 3,594.27 at the end of this 3-month period.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
CLEBI.IS Signals & Forecast
The Çelebi Hava Servisi 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 1,740.57. On a fall, the stock will find some support from the long-term average at approximately TRY 1,581.63. 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. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, April 15, 2024, and so far it has fallen -13.92%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.
Support, Risk & Stop-loss for Çelebi Hava Servisi A.S. stock
On the downside, the stock finds support just below today's level from accumulated volume at TRY 1,586.00 and TRY 1,371.00. 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, Çelebi Hava Servisi A.S. finds support just below today's level at TRY 1,586.00. If this is broken, then the next support from accumulated volume will be at TRY 1,371.00 and TRY 1,367.00.
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 89.00 between high and low, or 5.25%. For the last week, the stock has had daily average volatility of 6.41%.
Our recommended stop-loss: TRY 1,608.51 (-6.10%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 8 days ago.)
Trading Expectations (CLEBI.IS) For The Upcoming Trading Day Of Monday 29th
For the upcoming trading day on Monday, 29th we expect Çelebi Hava Servisi A.S. to open at TRY 1,730.67, and during the day (based on 14 day Average True Range), to move between TRY 1,585.35 and TRY 1,840.65, which gives a possible trading interval of +/-TRY 127.65 (+/-7.45%) up or down from last closing price. If Çelebi Hava Servisi A.S. takes out the full calculated possible swing range there will be an estimated 14.90% 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 1,737.00 (1.40%) than the support at TRY 1,586.00 (7.41%), 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.
Is Çelebi Hava Servisi 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 Çelebi Hava Servisi A.S. stock to perform well in the short-term.
Current score: 1.623 Buy Candidate Unchanged
Predicted Opening Price for Çelebi Hava Servisi A.S. of Monday, April 29, 2024
Fair opening price April 29, 2024 | Current price |
---|---|
TRY 1,730.67 ( 1.03%) | TRY 1,713.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for CLEBI.IS
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 1,819.67 | 6.23 % | |
R2 | 1,785.67 | 4.24 % | ||
R1 | 1,764.66 | 3.02 % | ||
Current price: | 1,713.00 | |||
Support | S1 | 1,696.67 | -0.95 % | |
S2 | 1,675.66 | -2.18 % | ||
S3 | 1,641.67 | -4.16 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 1,910.00 | 11.50 % | |
R2 | 1,805.00 | 5.37 % | ||
R1 | 1,737.00 | 1.40 % | ||
Current price | 1,713.00 | |||
Support | S1 | 1,586.00 | -7.41% | |
S2 | 1,371.00 | -19.96% | ||
S3 | 1,367.00 | -20.20% |
CLEBI Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Apr 24, 2024 | Apr 24, 2024 | Apr 26, 2024 | TRY 63.00 | 3.69% |
2 | Apr 17, 2023 | Apr 17, 2023 | Apr 17, 2023 | TRY 42.40 | 8.28% |
3 | Apr 27, 2022 | Apr 27, 2022 | Apr 27, 2022 | TRY 6.75 | 2.65% |
4 | Jan 04, 2021 | Jan 04, 2021 | Jan 04, 2021 | TRY 2.38 | 1.41% |
5 | Oct 30, 2020 | Oct 30, 2020 | Oct 30, 2020 | TRY 2.18 | 3.13% |
FAQ
Click here for our free guide on how to buy Çelebi Hava Servisi A.S. Stock.