Where Will Turkcell Iletisim Hizmetleri AS (TKC) Stock Go Next After It Is Up 7.22% in a Week?

Turkcell Iletisim Hizmetleri AS (TKC) stock is up 7.22% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Turkcell Iletisim Hizmetleri AS has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on TKC!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With TKC Stock Today?

Turkcell Iletisim Hizmetleri AS (TKC) stock is trading at $4.01 as of 10:11 AM on Wednesday, Jul 12, a rise of $0.16, or 4.16% from the previous closing price of $3.85. The stock has traded between $3.95 and $4.08 so far today. Volume today is less active than usual. So far 223,272 shares have traded compared to average volume of 519,558 shares.

More About Turkcell Iletisim Hizmetleri AS

Turkcell Iletisim Hizmetleri AS provides mobile telephone services in Turkey. The firm provides mobile voice and data services over its global system for mobile communications networks. Currently, Turkcell provides service to subscribers in 208 countries through commercial roaming agreements with operators. Turkcell has 26 million prepaid subscribers and more than 9 million postpaid subscribers. The firm also has investments in Azerbaijan, Georgia, Kazakhstan, Moldova, and Ukraine. Click Here to get the full Stock Report for Turkcell Iletisim Hizmetleri AS stock.