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KRDMD:BISTKARDEMIR KARABUK DEMIR CELIK SAN FUTURES Analysis

Data as of 2026-07-25 - not real-time

TRY 42.20

Latest Price

6/10Risk

Risk Level: Medium

Executive Summary

Kardemir is trading at 42.2 TRY, comfortably above its 20‑day SMA of 40.22 and 50‑day SMA of 40.09, indicating a short‑term bullish bias. The MACD histogram remains positive (0.36) and the RSI sits at 56.8, supporting continued upside while the market sentiment is in an "Extreme Greed" zone (FGI 88.25). However, volume is trending downwards, volatility is high at ~44 % over 30 days, and the beta is slightly negative, suggesting the stock may be vulnerable to a pull‑back toward the 35.74 TRY support level.

Market Outlook

Short Term

< 1 year
Positive
Model confidence: 7/10

Key Factors

  • Price above 20‑day and 50‑day SMAs
  • Bullish MACD and RSI in neutral zone
  • Extreme Greed sentiment

Medium Term

1–3 years
Neutral
Model confidence: 6/10

Key Factors

  • Approaching resistance at 45.10 TRY
  • High 30‑day volatility
  • Decreasing volume trend

Long Term

> 3 years
Neutral
Model confidence: 5/10

Key Factors

  • Elevated trailing P/E (~169) indicating valuation risk
  • Potential steel demand from domestic infrastructure
  • Exposure to TRY currency fluctuations

Key Metrics & Analysis

Commodity Metrics

Spot Price42.2
Futures CurveFlat
Inventory LevelMedium
Supply/Demand RegimeTight
USD SensitivityMedium
Rates SensitivityLow
Geopolitical SensitivityMedium

Technical Analysis

TrendBullish
RSI56.8
SupportTRY 35.74
ResistanceTRY 45.10
MA 20TRY 40.22
MA 50TRY 40.09
MA 200TRY 32.34
MACDBullish
VolumeDecreasing
Fear & Greed Index88.25

Risk Assessment

Beta-0.21
Volatility43.98%
Sector RiskMedium
Geo RiskMedium
Currency RiskMedium
Liquidity RiskLow

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.