Ekinciler Demir Ve Çelik Sanayi A.Ş Stock Forecast

Hold candidate since Aug 10, 2026

The Ekinciler Demir ve Çelik Sanayi A.Ş. stock price gained 0.88% on the last trading day (Monday, 10th Aug 2026), rising from TRY 45.30 to TRY 45.70. During the last trading day the stock fluctuated 4.11% from a day low at TRY 45.26 to a day high of TRY 47.12. The price has fallen in 6 of the last 10 days and is down by -10.39% for this period. Volume fell on the last day by -11 million shares and in total, 19 million shares were bought and sold for approximately TRY 849.10 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

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 45.05 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -18.52% during the next 3 months and, with a 90% probability hold a price between TRY 36.71 and TRY 49.29 at the end of this 3-month period.

EKDMR.IS Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, August 07, 2026, and so far it has risen 0.88%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Ekinciler Demir ve Çelik Sanayi A.Ş. 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 47.12 and TRY 54.01. A break-up above any of these levels will issue buy signals.

Support, Risk & Stop-loss for Ekinciler Demir ve Çelik Sanayi A.Ş. stock

Ekinciler Demir ve Çelik Sanayi A.Ş. finds support from accumulated volume at TRY 45.30 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 1.86 between high and low, or 4.11%. For the last week, the stock has had daily average volatility of 4.05%.

Our recommended stop-loss: TRY 43.11 (-5.66%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 1 day ago.)

Trading Expectations (EKDMR.IS) For The Upcoming Trading Day Of Tuesday 11th

For the upcoming trading day on Tuesday, 11th we expect Ekinciler Demir ve Çelik Sanayi A.Ş. to open at TRY 46.03, and during the day (based on 14 day Average True Range), to move between TRY 44.35 and TRY 47.05, which gives a possible trading interval of +/-TRY 2.71 (+/-6.10%) up or down from last closing price. If Ekinciler Demir ve Çelik Sanayi A.Ş. takes out the full calculated possible swing range there will be an estimated 6.10% 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 45.30 (0.88%) than the resistance at TRY 47.22 (3.33%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Ekinciler Demir ve Çelik Sanayi A.Ş. stock A Buy?

Ekinciler Demir ve Çelik Sanayi A.Ş. 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 candidate.

Current score: -0.239 Hold/Accumulate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on August 11, 2026 - TRY 46.03 ( 0.715%).

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