EREGL:BISTEregli Demir ve Celik Fabrikalari Futures Analysis

Eregli Demir ve Çelik Fabrikalari T.A.S. trades at TRY 39.16, with its moving averages tangled rather than clearly stacked — a neutral trend structure. The last 30 days have lost 7.5%. RSI sits at 49.4, which reads as neutral, and MACD momentum is bullish. The recent range runs from support at TRY 36.24 up to resistance at TRY 43.14.
The futures curve is in flat, with the curve offering little signal either way. Supply and demand read as balanced.
On a 1-10 scale the risk profile lands at 5 — moderate. With 30-day volatility of 38.5%, a beta of -0.06 and a maximum drawdown of 27.1%, position sizing matters here. The wider market backdrop reads extreme greed at 96 on the fear-greed composite.
Timeframes disagree: the short-term read is buy while the long-term read is hold, conviction 3 out of 10.