TURKCELL ILETISIM HIZMET-ADR (TKC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TKC - US9001112047 - ADR
Overall TKC gets a technical rating of 0 out of 10. TKC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, TKC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 5.58, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TKC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
5.37
When analyzing the support we can see 2 important areas.
- A support zone ranging from 5.53 to 5.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.42 to 5.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 5.65 to 5.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.76 to 6.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.19 to 6.23. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @6.68 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for TKC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TKC is down. |
| ChartMill Relative Strength | 25.83 | NEGATIVE | TKC has a low relative strength, it was outperformed by 74.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TKC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TKC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TKC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.41 | NEUTRAL | The RSI value for TKC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests TKC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.44 | NEUTRAL | The Stochastics value for TKC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for TKC suggests some volalility. |
| Average Directional Index/ADX (14) | 14.06 | NEGATIVE | The low ADX value for TKC suggests a weak or negative trend. |
5.62
-0.02 (-0.35%)
TURKCELL ILETISIM HIZMET-ADR / TKC FAQ
What is the technical rating for TKC stock?
ChartMill assigns a technical rating of 0 / 10 to TKC.
Can you provide the trend direction for TURKCELL ILETISIM HIZMET-ADR?
The current trend direction for TURKCELL ILETISIM HIZMET-ADR (TKC) is Bearish.
What is the RSI signal for TKC stock?
TURKCELL ILETISIM HIZMET-ADR (TKC) has an RSI value of 41.4101. This indicates that the stock is currently neutral.
What is the short term momentum for TURKCELL ILETISIM HIZMET-ADR (TKC) stock?
The short term momentum for TURKCELL ILETISIM HIZMET-ADR (TKC) is negative.
What is the support and resistance level for TKC stock?
TURKCELL ILETISIM HIZMET-ADR (TKC) has a support level at 5.58 and a resistance level at 5.65. Check the full technical report for our detailed analysis of TKC support and resistance levels.