TURKIYE GARANTI BANKASI A.S. TKGBY
TURKIYE GARANTI BANKASI A.S. TKGBY
- USD (-)
- 15 min delayed data - NASDAQ OTCBB
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: TKGBY
ISIN:

TURKIYE GARANTI BANKASI A.S. TKGBY - Daily - Technical analysis published on 10/25/2021 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 1.06 USD
My targets
0.97 USD (-3.96%)
0.87 USD (-13.86%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on TURKIYE GARANTI BANKASI A.S. TKGBY as long as the price remains well below 1.06 USD. The sellers' bearish objective is set at 0.97 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.87 USD.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.
Force
0
10
5.9

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This analysis was given by ANKARAM. Take part yourself by sharing additional analysis on another time unit:
Weekly

Additional analysis

Quotes

TURKIYE GARANTI BANKASI A.S. TKGBY rating 1.01 USD. The price registered a decrease of -1.94% on the session and was between 0.98 USD and 1.03 USD. This implies that the price is at +3.06% from its lowest and at -1.94% from its highest.

0.98
1.03
1.01

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


Technical analysis of this Daily chart of TURKIYE GARANTI BANKASI A.S. TKGBY indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a bearish signal.
The Central Indicators scanner found no further results concerning independent technical indicators.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 0.87 0.97 1.01 1.06 1.19 1.26
Change (%) -13.86% -3.96% - +4.95% +17.82% +24.75%
Change -0.14 -0.04 - +0.05 +0.18 +0.25
Level Major Intermediate - Intermediate Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.930.960.981.011.031.061.08
Camarilla1.001.001.011.011.021.021.02
Woodie0.940.960.991.011.041.061.09
Fibonacci0.960.980.991.011.031.041.06


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.900.950.991.041.081.131.17
Camarilla1.021.021.031.041.051.061.07
Woodie0.910.951.001.041.091.131.18
Fibonacci0.950.981.001.041.071.091.13


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.730.850.951.071.171.291.39
Camarilla0.991.011.031.051.071.091.11
Woodie0.720.850.941.071.161.291.38
Fibonacci0.850.930.991.071.151.211.29

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 40.37
MACD (12,26,9): -0.0200
Directional Movement: -10.07
AROON (14): -71.43
DEMA (21): 1.03
Parabolic SAR (0,02-0,02-0,2): 1.12
Elder Ray (13): -0.04
Super Trend (3,10): 0.98
Zig ZAG (10): 1.01
VORTEX (21): 0.8900
Stochastique (14,3,5): 31.37
TEMA (21): 1.02
Williams %R (14): -76.47
Chande Momentum Oscillator (20): -0.08
Repulse (5,40,3): 7.7700
ROCnROLL: 2
TRIX (15,9): -0.2000
Courbe Coppock: 3.74
MA7: 1.03
MA20: 1.05
MA50: 1.09
MA100: 1.05
MAexp7: 1.03
MAexp20: 1.05
MAexp50: 1.06
MAexp100: 1.06
Price / MA7: -1.94%
Price / MA20: -3.81%
Price / MA50: -7.34%
Price / MA100: -3.81%
Price / MAexp7: -1.94%
Price / MAexp20: -3.81%
Price / MAexp50: -4.72%
Price / MAexp100: -4.72%

Quotes : - 15 min delayed data - NASDAQ OTCBB

This member declared not having a position on this financial instrument or a related financial instrument.

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