Ulaslar Turizm Yatirimlari ve Dayanikli Stock Forecast

Ulaslar Turizm Yatirimlari ve Dayanikli stock price ended at TRY 27.96 on Monday, after losing 3.52%.
(Updated on May 13, 2024)

ULAS.IS Signals & Forecast

The Ulaslar Turizm Yatirimlari ve Dayanikli stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately TRY 29.08. On a fall, the stock will find some support from the long-term average at approximately TRY 27.88. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, April 26, 2024, and so far it has fallen -19.33%. 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 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 Ulaslar Turizm Yatirimlari ve Dayanikli stock

Ulaslar Turizm Yatirimlari ve Dayanikli finds support from accumulated volume at TRY 27.58 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 2.60 between high and low, or 9.35%. For the last week, the stock has had daily average volatility of 7.79%.

Our recommended stop-loss: TRY 26.30 (-5.92%) (This stock has high daily movements and this gives high risk. There is a sell signal from a pivot top found 10 days ago.)

Trading Expectations (ULAS.IS) For The Upcoming Trading Day Of Tuesday 14th

For the upcoming trading day on Tuesday, 14th we expect Ulaslar Turizm Yatirimlari ve Dayanikli Tüketim Mallari Ticaret Pazarlama A.S. to open at TRY 28.72, and during the day (based on 14 day Average True Range), to move between TRY 25.55 and TRY 30.37, which gives a possible trading interval of +/-TRY 2.41 (+/-8.62%) 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 17.24% 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 27.58 (1.36%) than the resistance at TRY 31.52 (12.73%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

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

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Ulaslar Turizm Yatirimlari ve Dayanikli stock to perform well in the short-term.

Current score: 2.165 Buy Candidate Unchanged

Predicted Opening Price for Ulaslar Turizm Yatirimlari ve Dayanikli Tüketim Mallari Ticaret Pazarlama A.S. of Tuesday, May 14, 2024

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