Ulaslar Turizm Yatirimlari ve Dayanikli Stock Forecast

Volatile ride for Ulaslar Turizm Yatirimlari ve Dayanikli stock price on Friday moving between TRY 31.30 and TRY 34.66
(Updated on Apr 26, 2024)

ULAS.IS Signals & Forecast

The Ulaslar Turizm Yatirimlari ve Dayanikli 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 29.64 and TRY 26.57. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, April 04, 2024, and so far it has risen 46.86%. 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 Ulaslar Turizm Yatirimlari ve Dayanikli stock

On the downside, the stock finds support just below today's level from accumulated volume at TRY 31.52 and TRY 27.58. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Ulaslar Turizm Yatirimlari ve Dayanikli finds support just below today's level at TRY 31.52. If this is broken, then the next support from accumulated volume will be at TRY 27.58 and TRY 26.00.

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 3.36 between high and low, or 10.73%. For the last week, the stock has had daily average volatility of 8.81%.

Our recommended stop-loss: TRY 33.47 (-3.44%) (This stock has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 12 days ago.)

Trading Expectations (ULAS.IS) For The Upcoming Trading Day Of Monday 29th

For the upcoming trading day on Monday, 29th we expect Ulaslar Turizm Yatirimlari ve Dayanikli Tüketim Mallari Ticaret Pazarlama A.S. to open at TRY 33.54, and during the day (based on 14 day Average True Range), to move between TRY 32.38 and TRY 36.94, which gives a possible trading interval of +/-TRY 2.28 (+/-6.59%) up or down from last closing price. If Ulaslar Turizm Yatirimlari ve Dayanikli Tüketim Mallari Ticaret Pazarlama A.S. takes out the full calculated possible swing range there will be an estimated 13.18% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ TRY 31.52, some TRY 3.14 (9.06%) from the current price of TRY 34.66, our system finds the risk reward attractive.

Is Ulaslar Turizm Yatirimlari ve Dayanikli Tüketim Mallari Ticaret Pazarlama A.S. stock A Buy?

Ulaslar Turizm Yatirimlari ve Dayanikli 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.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Ulaslar Turizm Yatirimlari ve Dayanikli Tüketim Mallari Ticaret Pazarlama A.S. of Monday, April 29, 2024

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