Turkish Airlines (Turkey) Technical Analysis

THYAO Stock  TRY 282.75  2.50  0.88%   
As of the 28th of March, Turkish Airlines has the Risk Adjusted Performance of 0.1099, coefficient of variation of 539.92, and Semi Deviation of 1.25. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Turkish Airlines, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for Turkish Airlines, which can be compared to its competition. Please validate Turkish Airlines information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Turkish Airlines is priced more or less accurately, providing market reflects its prevalent price of 282.75 per share.

Turkish Airlines Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Turkish, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Turkish
  
Turkish Airlines' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Turkish Airlines technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Turkish Airlines technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Turkish Airlines trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Turkish Airlines Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Turkish Airlines volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Turkish Airlines Trend Analysis

Use this graph to draw trend lines for Turkish Airlines. You can use it to identify possible trend reversals for Turkish Airlines as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Turkish Airlines price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Turkish Airlines Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Turkish Airlines applied against its price change over selected period. The best fit line has a slop of   0.65  , which means Turkish Airlines will continue generating value for investors. It has 122 observation points and a regression sum of squares at 16167.88, which is the sum of squared deviations for the predicted Turkish Airlines price change compared to its average price change.

About Turkish Airlines Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Turkish Airlines on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Turkish Airlines based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Turkish Airlines price pattern first instead of the macroeconomic environment surrounding Turkish Airlines. By analyzing Turkish Airlines's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Turkish Airlines's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Turkish Airlines specific price patterns or momentum indicators. Please read more on our technical analysis page.

Turkish Airlines March 28, 2024 Technical Indicators

Most technical analysis of Turkish help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Turkish from various momentum indicators to cycle indicators. When you analyze Turkish charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Turkish Airlines March 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Turkish stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Turkish Airlines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Turkish Stock analysis

When running Turkish Airlines' price analysis, check to measure Turkish Airlines' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Turkish Airlines is operating at the current time. Most of Turkish Airlines' value examination focuses on studying past and present price action to predict the probability of Turkish Airlines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Turkish Airlines' price. Additionally, you may evaluate how the addition of Turkish Airlines to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Turkish Airlines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Turkish Airlines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Turkish Airlines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.