Yaprak Süt ve Besi Çiftlikleri Sanayi Stock Forecast

High volatility in Yaprak Süt ve Besi Çiftlikleri Sanayi stock price on Friday which ended trading at TRY 452.25
(Updated on Apr 26, 2024)

YAPRK.IS Signals & Forecast

Mostly positive signals in the chart today. The Yaprak Süt ve Besi Çiftlikleri Sanayi 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 408.82 and TRY 402.69. 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 21.25%. 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. The stock had a Golden Star Signal on Friday, April 19, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Yaprak Süt ve Besi Çiftlikleri Sanayi stock

Yaprak Süt ve Besi Çiftlikleri Sanayi finds support from accumulated volume at TRY 440.50 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 47.00 between high and low, or 11.60%. For the last week, the stock has had daily average volatility of 7.46%.

Our recommended stop-loss: TRY 435.61 (-3.68%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 12 days ago.)

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

For the upcoming trading day on Monday, 29th we expect Yaprak Süt ve Besi Çiftlikleri Sanayi ve Ticaret A.S. to open at TRY 436.58, and during the day (based on 14 day Average True Range), to move between TRY 424.86 and TRY 479.64, which gives a possible trading interval of +/-TRY 27.39 (+/-6.06%) up or down from last closing price. If Yaprak Süt ve Besi Çiftlikleri Sanayi ve Ticaret A.S. takes out the full calculated possible swing range there will be an estimated 12.11% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ TRY 440.50, some TRY 11.75 (2.60%) from the current price of TRY 452.25, our system finds the risk reward attractive.

Is Yaprak Süt ve Besi Çiftlikleri Sanayi ve Ticaret A.S. stock A Buy?

Yaprak Süt ve Besi Çiftlikleri Sanayi 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: 7.245 Strong Buy Candidate Upgraded

Predicted Opening Price for Yaprak Süt ve Besi Çiftlikleri Sanayi ve Ticaret A.S. of Monday, April 29, 2024

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