Kontrolmatik Teknoloji Enerji Ve Stock Forecast
Red day on Friday for Kontrolmatik Teknoloji Enerji Ve stock after losing 1.53%
(Updated on May 10, 2024)
The Kontrolmatik Teknoloji Enerji Ve stock price fell by -1.53% on the last day (Friday, 10th May 2024) from TRY 235.60 to TRY 232.00. It has now fallen 5 days in a row. During the last trading day the stock fluctuated 3.58% from a day low at TRY 232.00 to a day high of TRY 240.30. The price has fallen in 7 of the last 10 days and is down by -1.15% for this period. Volume has increased on the last day by 2 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 5 million shares were bought and sold for approximately TRY 1.12 billion.
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 -13.48% during the next 3 months and, with a 90% probability hold a price between TRY 177.16 and TRY 229.70 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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KONTR.IS Signals & Forecast
There are few to no technical positive signals at the moment. The Kontrolmatik Teknoloji Enerji Ve 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 245.80 and TRY 237.11. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, May 03, 2024, and so far it has fallen -13.75%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). 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 Kontrolmatik Teknoloji Enerji Ve stock
Kontrolmatik Teknoloji Enerji Ve finds support from accumulated volume at TRY 231.40 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 8.30 between high and low, or 3.58%. For the last week, the stock has had daily average volatility of 3.88%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (KONTR.IS) For The Upcoming Trading Day Of Monday 13th
For the upcoming trading day on Monday, 13th we expect Kontrolmatik Teknoloji Enerji Ve Muhendislik Anonim Sirketi to open at TRY 234.77, and during the day (based on 14 day Average True Range), to move between TRY 220.97 and TRY 243.03, which gives a possible trading interval of +/-TRY 11.03 (+/-4.75%) up or down from last closing price. If Kontrolmatik Teknoloji Enerji Ve Muhendislik Anonim Sirketi takes out the full calculated possible swing range there will be an estimated 9.51% 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 231.40 (0.26%) than the resistance at TRY 241.40 (4.05%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
Is Kontrolmatik Teknoloji Enerji Ve Muhendislik Anonim Sirketi stock A Buy?
Kontrolmatik Teknoloji Enerji Ve 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: -3.296 Sell Candidate Unchanged
Predicted Opening Price for Kontrolmatik Teknoloji Enerji Ve Muhendislik Anonim Sirketi of Monday, May 13, 2024
| Fair opening price May 13, 2024 | Current price |
|---|---|
| TRY 234.77 ( 1.19%) | TRY 232.00 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for KONTR.IS
Fibonacci Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 243.07 | 4.77 % | |
| R2 | 239.90 | 3.40 % | ||
| R1 | 237.94 | 2.56 % | ||
| Current price: | 232.00 | |||
| Support | S1 | 231.60 | -0.174 % | |
| S2 | 229.64 | -1.02 % | ||
| S3 | 226.47 | -2.39 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 286.00 | 23.28 % | |
| R2 | 242.10 | 4.35 % | ||
| R1 | 241.40 | 4.05 % | ||
| Current price | 232.00 | |||
| Support | S1 | 231.40 | -0.259% | |
| S2 | 231.20 | -0.345% | ||
| S3 | 227.00 | -2.16% |
KONTR Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jul 12, 2023 | Jul 12, 2023 | Jul 12, 2023 | TRY 0.150 | 0.0891% |
| 2 | Jul 05, 2022 | Jul 05, 2022 | Jul 05, 2022 | TRY 0.0621 | 0.218% |
| 3 | Aug 27, 2021 | Aug 27, 2021 | Aug 27, 2021 | TRY 0.0345 | 0.336% |
FAQ
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