Kiler Holding Anonim Sirketi Stock Forecast
Kiler Holding Anonim Sirketi stock upgraded to Hold/Accumulate.
(Updated on May 10, 2024)
The Kiler Holding Anonim Sirketi stock price fell by -0.94% on the last day (Friday, 10th May 2024) from TRY 42.34 to TRY 41.94. During the last trading day the stock fluctuated 2.30% from a day low at TRY 41.70 to a day high of TRY 42.66. The price has fallen in 6 of the last 10 days and is down by -5.96% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -106 thousand shares and in total, 376 thousand shares were bought and sold for approximately TRY 15.77 million.
The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -23.74% during the next 3 months and, with a 90% probability hold a price between TRY 26.62 and TRY 38.05 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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KLRHO.IS Signals & Forecast
A buy signal was issued from a pivot bottom point on Thursday, April 04, 2024, and so far it has risen 3.71%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Kiler Holding Anonim Sirketi 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 43.64 and TRY 43.35. A break-up above any of these levels will issue buy signals. 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 Kiler Holding Anonim Sirketi stock
Kiler Holding Anonim Sirketi finds support from accumulated volume at TRY 41.74 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 0.96 between high and low, or 2.30%. For the last week, the stock has had daily average volatility of 3.99%.
Our recommended stop-loss: TRY 39.45 (-5.93%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 21 days ago.)
Trading Expectations (KLRHO.IS) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect Kiler Holding Anonim Sirketi to open at TRY 42.10, and during the day (based on 14 day Average True Range), to move between TRY 39.87 and TRY 44.01, which gives a possible trading interval of +/-TRY 2.07 (+/-4.93%) up or down from last closing price. If Kiler Holding Anonim Sirketi takes out the full calculated possible swing range there will be an estimated 9.86% 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 41.74 (0.48%) than the resistance at TRY 48.34 (15.26%), 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 Holding Anonim Sirketi stock A Buy?
Kiler Holding Anonim Sirketi holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, 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/Accumulate candidate.
Current score: 0.139 Hold/Accumulate Upgraded
Predicted Opening Price for Kiler Holding Anonim Sirketi of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| TRY 42.10 ( 0.381%) | TRY 41.94 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for KLRHO.IS
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 43.06 | 2.67 % | |
| R2 | 42.69 | 1.80 % | ||
| R1 | 42.47 | 1.26 % | ||
| Current price: | 41.94 | |||
| Support | S1 | 41.73 | -0.493 % | |
| S2 | 41.51 | -1.03 % | ||
| S3 | 41.14 | -1.91 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 52.40 | 24.94 % | |
| R2 | 48.76 | 16.26 % | ||
| R1 | 48.34 | 15.26 % | ||
| Current price | 41.94 | |||
| Support | S1 | 41.74 | -0.477% | |
| S2 | 41.10 | -2.00% | ||
| S3 | 40.98 | -2.29% |
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