TURKCELL ILETISIM HIZMET-ADR (TKC) Stock Technical Analysis
USA - NYSE:TKC - US9001112047 - ADR
Taking everything into account, TKC scores 3 out of 10 in our technical rating. TKC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
TKC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 6.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.97, 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
We found 3 important support areas.
- A support zone ranging from 5.88 to 5.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.53 to 5.61. 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.
We can see 3 important resistance areas.
- A resistance zone ranging from 6.06 to 6.06. This zone is formed by a combination of multiple trend lines 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 @6.76 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 | NEUTRAL | NEUTRAL | The long term trend for TKC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TKC is neutral. |
| ChartMill Relative Strength | 42.87 | NEUTRAL | TKC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TKC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TKC is above 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) | 53.1 | NEUTRAL | The RSI value for TKC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TKC has a positive trend. |
| Stochastics (14,3) | 77.7 | NEUTRAL | The Stochastics value for TKC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for TKC suggests some volalility. |
| Average Directional Index/ADX (14) | 9.91 | NEGATIVE | The low ADX value for TKC suggests a weak or negative trend. |
5.99
+0.13 (+2.22%)
TURKCELL ILETISIM HIZMET-ADR / TKC FAQ
What is the technical rating for TKC stock?
ChartMill assigns a technical rating of 3 / 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 53.1001. 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 neutral.
What is the support and resistance level for TKC stock?
TURKCELL ILETISIM HIZMET-ADR (TKC) has a support level at 5.97 and a resistance level at 6.06. Check the full technical report for our detailed analysis of TKC support and resistance levels.