Dogan Burda Dergi Yayincilik Ve Stock Forecast

Red day on Friday for Dogan Burda Dergi Yayincilik Ve
(Updated on May 10, 2024)

DOBUR.IS Signals & Forecast

The Dogan Burda Dergi Yayincilik Ve 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 187.40. On a fall, the stock will find some support from the long-term average at approximately TRY 178.38. 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 20, 2024, and so far it has fallen -11.36%. Further fall is indicated until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for Dogan Burda Dergi Yayincilik Ve stock

Dogan Burda Dergi Yayincilik Ve finds support from accumulated volume at TRY 181.00 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 13.00 between high and low, or 7.22%. For the last week, the stock has had daily average volatility of 9.27%.

Our recommended stop-loss: TRY 175.82 (-4.96%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 32 days ago.)

Trading Expectations (DOBUR.IS) For The Upcoming Trading Day Of Monday 13th

For the upcoming trading day on Monday, 13th we expect Dogan Burda Dergi Yayincilik Ve Pazarlama A.S. to open at TRY 186.07, and during the day (based on 14 day Average True Range), to move between TRY 169.12 and TRY 200.88, which gives a possible trading interval of +/-TRY 15.88 (+/-8.59%) up or down from last closing price. If Dogan Burda Dergi Yayincilik Ve Pazarlama A.S. takes out the full calculated possible swing range there will be an estimated 17.17% 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 181.00 (2.16%) than the resistance at TRY 189.90 (2.65%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Dogan Burda Dergi Yayincilik Ve Pazarlama 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 Dogan Burda Dergi Yayincilik Ve stock to perform well in the short-term.

Current score: 4.809 Buy Candidate Unchanged

Predicted Opening Price for Dogan Burda Dergi Yayincilik Ve Pazarlama A.S. of Monday, May 13, 2024

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