Flap Kongre Toplanti Hizmetleri Otomotiv Stock Forecast

Flap Kongre Toplanti Hizmetleri Otomotiv stock price down 0.618% on Friday
(Updated on Apr 26, 2024)

FLAP.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 Flap Kongre Toplanti Hizmetleri Otomotiv 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 9.91 and TRY 11.25. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, March 04, 2024, and so far it has fallen -41.73%. 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 Flap Kongre Toplanti Hizmetleri Otomotiv stock

Flap Kongre Toplanti Hizmetleri Otomotiv finds support from accumulated volume at TRY 9.49 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 0.230 between high and low, or 2.41%. For the last week, the stock has had daily average volatility of 5.29%.

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

Trading Expectations (FLAP.IS) For The Upcoming Trading Day Of Monday 29th

For the upcoming trading day on Monday, 29th we expect Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm A.S. to open at TRY 9.65, and during the day (based on 14 day Average True Range), to move between TRY 8.86 and TRY 10.44, which gives a possible trading interval of +/-TRY 0.788 (+/-8.17%) up or down from last closing price. If Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm A.S. takes out the full calculated possible swing range there will be an estimated 16.34% 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 9.49 (1.66%) than the resistance at TRY 10.23 (6.01%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm A.S. stock A Buy?

Flap Kongre Toplanti Hizmetleri Otomotiv 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: -4.783 Sell Candidate Unchanged

Predicted Opening Price for Flap Kongre Toplanti Hizmetleri Otomotiv ve Turizm A.S. of Monday, April 29, 2024

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