Dinamik Isi Makina Yalitim Malzemeleri Stock Forecast

Dinamik Isi Makina Yalitim Malzemeleri stock upgraded to Hold/Accumulate.
(Updated on May 31, 2024)

DNISI.IS Signals & Forecast

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. The Dinamik Isi Makina Yalitim Malzemeleri stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at TRY 18.55 and TRY 19.47. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, April 22, 2024, and so far it has fallen -24.76%. 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 Dinamik Isi Makina Yalitim Malzemeleri stock

On the downside, the stock finds support just below today's level from accumulated volume at TRY 16.09 and TRY 15.39. 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, Dinamik Isi Makina Yalitim Malzemeleri finds support just below today's level at TRY 16.09. If this is broken, then the next support from accumulated volume will be at TRY 15.39 and TRY 14.84.

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 0.83 between high and low, or 4.91%. For the last week, the stock has had daily average volatility of 5.27%.

Our recommended stop-loss: TRY 15.98 (-6.28%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 36 days ago.)

Trading Expectations (DNISI.IS) For The Upcoming Trading Day Of Monday 3rd

For the upcoming trading day on Monday, 3rd we expect Dinamik Isi Makina Yalitim Malzemeleri Sanayi Ve Ticaret Anonim Sirketi to open at TRY 17.24, and during the day (based on 14 day Average True Range), to move between TRY 15.93 and TRY 18.17, which gives a possible trading interval of +/-TRY 1.12 (+/-6.56%) up or down from last closing price. If Dinamik Isi Makina Yalitim Malzemeleri Sanayi Ve Ticaret Anonim Sirketi takes out the full calculated possible swing range there will be an estimated 13.12% 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 16.09 (5.63%) than the resistance at TRY 19.52 (14.49%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Dinamik Isi Makina Yalitim Malzemeleri Sanayi Ve Ticaret Anonim Sirketi stock A Buy?

Dinamik Isi Makina Yalitim Malzemeleri holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.903 Hold/Accumulate Upgraded

Predicted Opening Price for Dinamik Isi Makina Yalitim Malzemeleri Sanayi Ve Ticaret Anonim Sirketi of Monday, June 3, 2024

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