Kiler Gayrimenkul Yatirim Ortakligi A.S. Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Kiler Gayrimenkul Yatirim Ortakligi A.S. stock downgraded to Sell Candidate
(Updated on Jun 27, 2024)
The Kiler Gayrimenkul Yatirim Ortakligi A.S. stock price gained 0.96% on the last trading day (Thursday, 27th Jun 2024), rising from TRY 5.23 to TRY 5.28. During the last trading day the stock fluctuated 2.11% from a day low at TRY 5.22 to a day high of TRY 5.33. The price has been going up and down for this period, and there has been a 1.73% gain for the last 2 weeks. Volume fell on the last day by -4 million shares and in total, 8 million shares were bought and sold for approximately TRY 42.27 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 is at the lower part of a very wide and horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at TRY 5.17 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect Kiler Gayrimenkul Yatirim Ortakligi A.S. stock with a 90% probability to be traded between TRY 5.15 and TRY 6.89 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
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KLGYO.IS Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, June 11, 2024, and so far it has risen 1.93%. 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 Kiler Gayrimenkul Yatirim Ortakligi A.S. 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 5.46 and TRY 5.82. A break-up above any of these levels will issue buy signals.
Support, Risk & Stop-loss for Kiler Gayrimenkul Yatirim Ortakligi A.S. stock
Kiler Gayrimenkul Yatirim Ortakligi A.S. finds support from accumulated volume at TRY 5.20 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 0.110 between high and low, or 2.11%. For the last week, the stock has had daily average volatility of 4.50%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (KLGYO.IS) For The Upcoming Trading Day Of Friday 28th
For the upcoming trading day on Friday, 28th we expect Kiler Gayrimenkul Yatirim Ortakligi A.S. to open at TRY 5.28, and during the day (based on 14 day Average True Range), to move between TRY 4.97 and TRY 5.59, which gives a possible trading interval of +/-TRY 0.310 (+/-5.88%) up or down from last closing price. If Kiler Gayrimenkul Yatirim Ortakligi A.S. takes out the full calculated possible swing range there will be an estimated 11.76% 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 5.20 (1.52%) than the resistance at TRY 6.17 (16.86%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Kiler Gayrimenkul Yatirim Ortakligi A.S. stock A Buy?
Kiler Gayrimenkul Yatirim Ortakligi A.S. 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Sell candidate.
Current score: -2.517 Sell Candidate Downgraded
Predicted Opening Price for Kiler Gayrimenkul Yatirim Ortakligi A.S. of Friday, June 28, 2024
| Fair opening price June 28, 2024 | Current price |
|---|---|
| TRY 5.28 ( 0.0631%) | TRY 5.28 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for KLGYO.IS
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 5.39 | 2.02% |
| R2 | 5.34 | 1.22% |
| R1 | 5.32 | 0.733% |
| Price | 5.28 | |
| S1 | 5.23 | -0.86% |
| S2 | 5.21 | -1.35% |
| S3 | 5.17 | -2.15% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 6.46 | 22.35% |
| R2 | 6.33 | 19.89% |
| R1 | 6.17 | 16.86% |
| Price | 5.28 | |
| S1 | 5.20 | -1.52% |
| S2 | 5.15 | -2.46% |
| S3 | 5.05 | -4.36% |
FAQ
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