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 ECZYT.IS
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Eczacibasi Yatirim Holding Ortakligi stock price ended at TRY 228.70 on Wednesday, after losing 0.392%.
(Updated on Mar 27, 2024)

Sell candidate since Mar 26, 2024 Loss -0.39% PDF

The Eczacibasi Yatirim Holding Ortakligi stock price fell by -0.392% on the last day (Wednesday, 27th Mar 2024) from TRY 229.60 to TRY 228.70. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 2.23% from a day low at TRY 228.70 to a day high of TRY 233.80. The price has fallen in 6 of the last 10 days and is down by -6.04% for this period. Volume has increased on the last day by 16 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 568 thousand shares were bought and sold for approximately TRY 130.01 million.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at TRY 220.18 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -7.44% during the next 3 months and, with a 90% probability hold a price between TRY 203.80 and TRY 261.71 at the end of this 3-month period.

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ECZYT.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 Eczacibasi Yatirim Holding Ortakligi 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 237.06 and TRY 260.12. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, February 08, 2024, and so far it has fallen -22.47%. 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 Eczacibasi Yatirim Holding Ortakligi stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

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 5.10 between high and low, or 2.23%. For the last week, the stock has had daily average volatility of 4.13%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

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

For the upcoming trading day on Thursday, 28th we expect Eczacibasi Yatirim Holding Ortakligi A.S. to open at TRY 230.40, and during the day (based on 14 day Average True Range), to move between TRY 218.85 and TRY 238.55, which gives a possible trading interval of +/-TRY 9.85 (+/-4.31%) up or down from last closing price. If Eczacibasi Yatirim Holding Ortakligi A.S. takes out the full calculated possible swing range there will be an estimated 8.61% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ TRY 254.00, some TRY 25.30 (11.06%) from the current price of TRY 228.70, our system finds the risk reward not very attractive.

Is Eczacibasi Yatirim Holding Ortakligi A.S. stock A Buy?

Eczacibasi Yatirim Holding Ortakligi holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -3.952 Sell Candidate Unchanged

Predicted Opening Price for Eczacibasi Yatirim Holding Ortakligi A.S. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
TRY 230.40 ( 0.743%) TRY 228.70

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

Trading levels for ECZYT.IS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 235.50 2.97 %
R2 233.55 2.12 %
R1 232.35 1.60 %
Current price: 228.70
Support S1 228.45 -0.109 %
S2 227.25 -0.635 %
S3 225.30 -1.49 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 282.00 23.31 %
R2 258.00 12.81 %
R1 254.00 11.06 %
Current price 228.70
Support S1 0 .
S2 0 .
S3 0 .

FAQ

What is the symbol for Eczacibasi Yatirim Holding Ortakligi A.S. Stock and on which exchange is it traded?
The symbol for Eczacibasi Yatirim Holding Ortakligi A.S. is ECZYT.IS and it is traded on the BIST (Istanbul Stock Exchange).

Should I buy or sell Eczacibasi Yatirim Holding Ortakligi A.S. Stock?
Eczacibasi Yatirim Holding Ortakligi holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy Eczacibasi Yatirim Holding Ortakligi A.S. Stock?
Eczacibasi Yatirim Holding Ortakligi A.S. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Eczacibasi Yatirim Holding Ortakligi A.S. Stock.

What's the current price of Eczacibasi Yatirim Holding Ortakligi A.S. Stock?
As of the end of day on the 2024-03-27, the price of an Eczacibasi Yatirim Holding Ortakligi A.S. (ECZYT.IS) share was TRY 228.70.

What is the 52-week high and low for Eczacibasi Yatirim Holding Ortakligi A.S. Stock?
The 52-week high for Eczacibasi Yatirim Holding Ortakligi A.S. Stock is TRY 349.25 and the 52-week low is TRY 103.60.
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About Eczacibasi Yatirim Holding Ortakligi A.S.

Eczacibasi Yatirim Holding Ortakligi A.S., through its interests in affiliate companies, engages in the manufacture and sale of bathroom and kitchen faucets and bathroom accessories. It is also involved in the sale of construction and installation materials, as well as provides after-sales services; develops and produces smart cards; and invests in real estate. The company was founded in 1973 and is based in Istanbul, Turkey. Eczacibasi Yatirim H... ECZYT.IS Profile

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