RSI low/high Values: [ 25 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of THYAO.IS
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A very strong day for Türk Hava Yollari Anonim Ortakligi stock price on Thursday
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 21, 2024 Gain 4.29% PDF

The Türk Hava Yollari Anonim Ortakligi stock price gained 5.31% on the last trading day (Thursday, 28th Mar 2024), rising from TRY 282.75 to TRY 297.75. During the last trading day the stock fluctuated 5.64% from a day low at TRY 283.50 to a day high of TRY 299.50. The price has fallen in 5 of the last 10 days but is still up by 9.57% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 18 million more shares were traded than the day before. In total, 48 million shares were bought and sold for approximately TRY 14.42 billion.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 16.39% during the next 3 months and, with a 90% probability hold a price between TRY 317.06 and TRY 371.28 at the end of this 3-month period.

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THYAO.IS Signals & Forecast

Mostly positive signals in the chart today. The Türk Hava Yollari Anonim 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 286.64 and TRY 279.98. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, March 06, 2024, and so far it has risen 14.08%. 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 Türk Hava Yollari Anonim Ortakligi stock

Türk Hava Yollari Anonim Ortakligi finds support from accumulated volume at TRY 285.50 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 16.00 between high and low, or 5.64%. For the last week, the stock has had daily average volatility of 3.32%.

Our recommended stop-loss: TRY 284.13 (-4.57%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 16 days ago.)

Trading Expectations (THYAO.IS) For The Upcoming Trading Day Of Friday 29th

For the upcoming trading day on Friday, 29th we expect Türk Hava Yollari Anonim Ortakligi to open at TRY 293.58, and during the day (based on 14 day Average True Range), to move between TRY 289.30 and TRY 306.20, which gives a possible trading interval of +/-TRY 8.45 (+/-2.84%) up or down from last closing price. If Türk Hava Yollari Anonim Ortakligi takes out the full calculated possible swing range there will be an estimated 5.68% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ TRY 285.50, some TRY 12.25 (4.11%) from the current price of TRY 297.75, our system finds the risk reward attractive.

Is Türk Hava Yollari Anonim Ortakligi stock A Buy?

Türk Hava Yollari Anonim 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: 7.366 Strong Buy Candidate Upgraded

Predicted Opening Price for Türk Hava Yollari Anonim Ortakligi of Friday, March 29, 2024

Fair opening price March 29, 2024 Current price
TRY 293.58 ( 1.40%) TRY 297.75

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

Trading levels for THYAO.IS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 309.58 3.97 %
R2 303.47 1.92 %
R1 299.70 0.653 %
Current price: 297.75
Support S1 287.47 -3.45 %
S2 283.70 -4.72 %
S3 277.58 -6.77 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 297.75
Support S1 285.50 -4.11%
S2 279.25 -6.21%
S3 251.00 -15.70%

THYAO Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 30, 2013 May 30, 2013 May 30, 2013 TRY 0.126 1.65%
2 May 21, 2009 May 21, 2009 May 21, 2009 TRY 0.0719 6.72%

FAQ

What is the symbol for Türk Hava Yollari Anonim Ortakligi Stock and on which exchange is it traded?
The symbol for Türk Hava Yollari Anonim Ortakligi is THYAO.IS and it is traded on the BIST (Istanbul Stock Exchange).

Should I buy or sell Türk Hava Yollari Anonim Ortakligi Stock?
Türk Hava Yollari Anonim 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.

How to buy Türk Hava Yollari Anonim Ortakligi Stock?
Türk Hava Yollari Anonim Ortakligi Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Türk Hava Yollari Anonim Ortakligi Stock.

What's the current price of Türk Hava Yollari Anonim Ortakligi Stock?
As of the end of day on the 2024-03-28, the price of an Türk Hava Yollari Anonim Ortakligi (THYAO.IS) share was TRY 297.75.

What is the 52-week high and low for Türk Hava Yollari Anonim Ortakligi Stock?
The 52-week high for Türk Hava Yollari Anonim Ortakligi Stock is TRY 299.50 and the 52-week low is TRY 115.90.

What is the market capitalization of Türk Hava Yollari Anonim Ortakligi Stock?
As of the 2024-03-28, the market capitalization of Türk Hava Yollari Anonim Ortakligi is 409.494B.

When is the next earnings date for Türk Hava Yollari Anonim Ortakligi?
The upcoming earnings date for Türk Hava Yollari Anonim Ortakligi is Apr 04, 2024.
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About Türk Hava Yollari Anonim Ortakligi

Türk Hava Yollari Anonim Ortakligi Türk Hava Yollari Anonim Ortakligi provides air transport and aircraft technical maintenance services in Turkey and internationally. The company offers domestic and international passenger and cargo air transportation services; repair and maintenance, and technical and infrastructure support services related to aviation sector; catering and aviation ground handling services; software system maintenance and information technology consulting servi... THYAO.IS Profile

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