Is Girisim Sermayesi Yatirim Ortakligi Stock Forecast

Big movements in Is Girisim Sermayesi Yatirim Ortakligi stock price on Friday moving 14.06% between high and low
(Updated on Apr 26, 2024)

ISGSY.IS Signals & Forecast

Mostly positive signals in the chart today. The Is Girisim Sermayesi Yatirim Ortakligi stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at TRY 32.73 and TRY 28.33. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 42.80%. 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 is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Is Girisim Sermayesi Yatirim Ortakligi stock

On the downside, the stock finds support just below today's level from accumulated volume at TRY 29.92 and TRY 29.60. 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, Is Girisim Sermayesi Yatirim Ortakligi finds support just below today's level at TRY 29.92. If this is broken, then the next support from accumulated volume will be at TRY 29.60 and TRY 27.16.

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 4.54 between high and low, or 14.06%. For the last week, the stock has had daily average volatility of 7.13%.

Our recommended stop-loss: TRY 33.40 (-3.76%) (This stock has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 25 days ago.)

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

For the upcoming trading day on Monday, 29th we expect Is Girisim Sermayesi Yatirim Ortakligi AS to open at TRY 34.61, and during the day (based on 14 day Average True Range), to move between TRY 32.39 and TRY 37.01, which gives a possible trading interval of +/-TRY 2.31 (+/-6.65%) up or down from last closing price. If Is Girisim Sermayesi Yatirim Ortakligi AS takes out the full calculated possible swing range there will be an estimated 13.30% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ TRY 29.92, some TRY 4.78 (13.78%) from the current price of TRY 34.70, our system finds the risk reward attractive.

Is Is Girisim Sermayesi Yatirim Ortakligi AS stock A Buy?

Is Girisim Sermayesi Yatirim Ortakligi holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months. We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.

Current score: 5.712 Strong Buy Candidate Upgraded

Predicted Opening Price for Is Girisim Sermayesi Yatirim Ortakligi AS of Monday, April 29, 2024

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