Turkcell Iletisim Hizmetleri AS Technical Analysis (NYSE:TKC)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The TKC stock chart pattern can give those who understand technical analysis an indication of which way TKC stock is headed, but cannot predict with 100% certainty as to what can happen to the Turkcell Iletisim Hizmetleri AS stock price.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Turkcell Iletisim Hizmetleri AS. Technical analysis uses an approach for Turkcell Iletisim Hizmetleri AS stock analysis that does not care for the fair value of a company but uses price and volume data only.
Turkcell Iletisim Hizmetleri AS Moving Average
Moving averages show the TKC stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Turkcell Iletisim Hizmetleri AS are mostly signals of long term trends and will help long term traders.
Turkcell Iletisim Hizmetleri AS Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Turkcell Iletisim Hizmetleri AS. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $4.7 is in the upper range of Turkcell Iletisim Hizmetleri AS bollinger bands.
Turkcell Iletisim Hizmetleri AS Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Turkcell Iletisim Hizmetleri AS MACD indicator is above 0 indicating a bullish trend.
Turkcell Iletisim Hizmetleri AS Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. If the RSI of TKC stock goes above 70 it could indicate an overbought condition, and if it goes below 30 it could signal an oversold position.