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TAVHL:BISTTAV AIRPORTS FUTURES Analysis

Data as of 2026-03-15 - not real-time

TRY 296.75

Latest Price

5/10Risk

Risk Level: Medium

Executive Summary

TAV Havalimanlari is trading at 296.75 TRY, comfortably above the 200‑day SMA (275.48) but below the 20‑day (315.15) and 50‑day (327.63) averages, indicating a short‑term pull‑back within a longer‑term uptrend. The RSI of 39 points to a modestly oversold condition, while a bearish MACD histogram (‑1.73) and a decreasing volume trend suggest lingering downside pressure. Support sits at 277.75 TRY and resistance near 367.75 TRY, giving the stock a wide trading range with the current price near the lower half of that band. The fear‑greed index at 72 (Greed) reflects a market bias toward risk, yet the stock’s beta is near zero, implying low systematic volatility. Forward PE of 14.83 versus a trailing PE of 41.68 signals potential valuation upside if earnings sustain, though the max drawdown of ~22% reminds investors of past volatility.

Market Outlook

Short Term

< 1 year
Neutral
Model confidence: 5/10

Key Factors

  • RSI indicating oversold conditions
  • Bearish MACD divergence
  • Decreasing volume trend

Medium Term

1–3 years
Positive
Model confidence: 7/10

Key Factors

  • Forward PE discount relative to trailing PE
  • Price above 200‑day SMA suggesting longer‑term support
  • Potential earnings improvement from recent Q4 results

Long Term

> 3 years
Neutral
Model confidence: 6/10

Key Factors

  • Stable demand for airport services in Turkey
  • Low systematic beta limiting market‑wide risk
  • Exposure to Turkish macro‑economic and currency dynamics

Key Metrics & Analysis

Commodity Metrics

Spot Price296.75
Futures CurveFlat
Inventory LevelMedium
Supply/Demand RegimeBalanced
USD SensitivityLow
Rates SensitivityLow
Geopolitical SensitivityMedium

Technical Analysis

TrendNeutral
RSI39.3
SupportTRY 277.75
ResistanceTRY 367.75
MA 20TRY 315.15
MA 50TRY 327.63
MA 200TRY 275.48
MACDBearish
VolumeDecreasing
Fear & Greed Index72.88

Risk Assessment

Beta-0.33
Volatility42.67%
Sector RiskMedium
Geo RiskMedium
Currency RiskMedium
Liquidity RiskMedium

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.