Senkron Güvenlik ve Iletisim Sistemleri Stock Forecast

Strong day for Senkron Güvenlik ve Iletisim Sistemleri stock price on Friday rising 9.97% to TRY 47.66
(Updated on May 03, 2024)

SNKRN.IS Signals & Forecast

Mostly positive signals in the chart today. The Senkron Güvenlik ve Iletisim Sistemleri 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 43.03 and TRY 38.25. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 44.42%. 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 Senkron Güvenlik ve Iletisim Sistemleri stock

Senkron Güvenlik ve Iletisim Sistemleri finds support from accumulated volume at TRY 46.82 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 0.180 between high and low, or 0.379%. For the last week, the stock has had daily average volatility of 5.05%.

Our recommended stop-loss: TRY 45.94 (-3.60%) (This stock has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 11 days ago.)

Trading Expectations (SNKRN.IS) For The Upcoming Trading Day Of Monday 6th

For the upcoming trading day on Monday, 6th we expect Senkron Güvenlik ve Iletisim Sistemleri A.S. to open at TRY 47.60, and during the day (based on 14 day Average True Range), to move between TRY 45.09 and TRY 50.23, which gives a possible trading interval of +/-TRY 2.57 (+/-5.40%) up or down from last closing price. If Senkron Güvenlik ve Iletisim Sistemleri A.S. takes out the full calculated possible swing range there will be an estimated 10.79% 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 48.00 (0.71%) than the support at TRY 46.82 (1.76%), 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 Senkron Güvenlik ve Iletisim Sistemleri A.S. stock A Buy?

Senkron Güvenlik ve Iletisim Sistemleri holds several positive signals and is within a weak 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: 7.068 Strong Buy Candidate Upgraded

Predicted Opening Price for Senkron Güvenlik ve Iletisim Sistemleri A.S. of Monday, May 6, 2024

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