Gozde Girisim Sermayesi Yatirim Stock Forecast

Red day on Friday for Gozde Girisim Sermayesi Yatirim
(Updated on May 31, 2024)

GOZDE.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 Gozde Girisim Sermayesi Yatirim stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at TRY 25.96 and TRY 24.73. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, May 28, 2024, and so far it has fallen -8.45%. 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 Gozde Girisim Sermayesi Yatirim stock

On the downside, the stock finds support just below today's level from accumulated volume at TRY 23.18 and TRY 23.00. 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, Gozde Girisim Sermayesi Yatirim finds support just below today's level at TRY 23.18. If this is broken, then the next support from accumulated volume will be at TRY 23.00 and TRY 22.86.

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 1.80 between high and low, or 7.38%. For the last week, the stock has had daily average volatility of 4.61%.

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

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

For the upcoming trading day on Monday, 3rd we expect Gozde Girisim Sermayesi Yatirim Ortakligi A.S. to open at TRY 25.10, and during the day (based on 14 day Average True Range), to move between TRY 23.59 and TRY 25.81, which gives a possible trading interval of +/-TRY 1.11 (+/-4.49%) up or down from last closing price. If Gozde Girisim Sermayesi Yatirim Ortakligi A.S. takes out the full calculated possible swing range there will be an estimated 8.98% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at TRY 25.34 (2.59%) than the support at TRY 23.18 (6.15%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Gozde Girisim Sermayesi Yatirim Ortakligi A.S. stock A Buy?

Gozde Girisim Sermayesi Yatirim holds several negative signals and is within a 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: -2.539 Sell Candidate Unchanged

Predicted Opening Price for Gozde Girisim Sermayesi Yatirim Ortakligi A.S. of Monday, June 3, 2024

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