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 DGATE.IS
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Red day on Wednesday for Datagate Bilgisayar Malzemeleri Ticaret
(Updated on Mar 27, 2024)

Buy or Hold candidate since Jan 10, 2024 Gain 70.50% PDF

The Datagate Bilgisayar Malzemeleri Ticaret stock price fell by -4.17% on the last day (Wednesday, 27th Mar 2024) from TRY 48.00 to TRY 46.00. During the last trading day the stock fluctuated 7.93% from a day low at TRY 45.40 to a day high of TRY 49.00. The price has fallen in 7 of the last 10 days and is down by -19.86% for this period. 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 -160 thousand shares and in total, 274 thousand shares were bought and sold for approximately TRY 12.58 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 44.44 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 95.66% during the next 3 months and, with a 90% probability hold a price between TRY 86.96 and TRY 121.76 at the end of this 3-month period.

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DGATE.IS Signals & Forecast

The Datagate Bilgisayar Malzemeleri Ticaret 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 50.17. On a fall, the stock will find some support from the long-term average at approximately TRY 44.18. 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. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Wednesday, March 13, 2024, and so far it has fallen -19.86%. Further fall is indicated until a new bottom pivot has been found. 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 Datagate Bilgisayar Malzemeleri Ticaret stock

Datagate Bilgisayar Malzemeleri Ticaret finds support from accumulated volume at TRY 44.86 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 3.60 between high and low, or 7.93%. For the last week, the stock has had daily average volatility of 11.93%.

Our recommended stop-loss: TRY 43.29 (-5.90%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 10 days ago.)

Trading Expectations (DGATE.IS) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Datagate Bilgisayar Malzemeleri Ticaret Anonim Sriketi to open at TRY 46.80, and during the day (based on 14 day Average True Range), to move between TRY 41.04 and TRY 50.96, which gives a possible trading interval of +/-TRY 4.96 (+/-10.77%) up or down from last closing price. If Datagate Bilgisayar Malzemeleri Ticaret Anonim Sriketi takes out the full calculated possible swing range there will be an estimated 21.55% 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 44.86 (2.48%) than the resistance at TRY 47.40 (3.04%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Datagate Bilgisayar Malzemeleri Ticaret Anonim Sriketi 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 Datagate Bilgisayar Malzemeleri Ticaret stock to perform well in the short-term.

Current score: 2.458 Buy Candidate Unchanged

Predicted Opening Price for Datagate Bilgisayar Malzemeleri Ticaret Anonim Sriketi of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
TRY 46.80 ( 1.74%) TRY 46.00

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

Trading levels for DGATE.IS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 50.40 9.57 %
R2 49.02 6.58 %
R1 48.18 4.73 %
Current price: 46.00
Support S1 45.42 -1.25 %
S2 44.58 -3.10 %
S3 43.20 -6.09 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 54.45 18.37 %
R2 49.74 8.13 %
R1 47.40 3.04 %
Current price 46.00
Support S1 44.86 -2.48%
S2 43.10 -6.30%
S3 39.50 -14.13%

FAQ

What is the symbol for Datagate Bilgisayar Malzemeleri Ticaret Anonim Sriketi Stock and on which exchange is it traded?
The symbol for Datagate Bilgisayar Malzemeleri Ticaret Anonim Sriketi is DGATE.IS and it is traded on the BIST (Istanbul Stock Exchange).

Should I buy or sell Datagate Bilgisayar Malzemeleri Ticaret Anonim Sriketi 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 Datagate Bilgisayar Malzemeleri Ticaret stock to perform well in the short-term.

How to buy Datagate Bilgisayar Malzemeleri Ticaret Anonim Sriketi Stock?
Datagate Bilgisayar Malzemeleri Ticaret Anonim Sriketi Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Datagate Bilgisayar Malzemeleri Ticaret Anonim Sriketi Stock.

What's the current price of Datagate Bilgisayar Malzemeleri Ticaret Anonim Sriketi Stock?
As of the end of day on the 2024-03-27, the price of an Datagate Bilgisayar Malzemeleri Ticaret Anonim Sriketi (DGATE.IS) share was TRY 46.00.

What is the 52-week high and low for Datagate Bilgisayar Malzemeleri Ticaret Anonim Sriketi Stock?
The 52-week high for Datagate Bilgisayar Malzemeleri Ticaret Anonim Sriketi Stock is TRY 58.75 and the 52-week low is TRY 12.92.
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About Datagate Bilgisayar Malzemeleri Ticaret Anonim Sriketi

Datagate Bilgisayar Malzemeleri Ticaret Anonim Sriketi distributes information technology products in Turkey. It offers smart phones, tablets, modems, notebooks, and smart phone accessories, as well as security, wearable technology, smart living, artificial technologies, and virtual reality products. The company was founded in 1992 and is headquartered in Istanbul, Turkey. Datagate Bilgisayar Malzemeleri Ticaret Anonim Sriketi operates as a subsi... DGATE.IS Profile

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