BALAT (BIST)

BALAT BIST

Balatacilar Balatacilik Sanayi ve Ticaret

SELL

54.00

Prev.Close

55.00

Change

-1.0000

Change%

-1.82%

BEARISH MEETING LINE

Sold at

54.45

Open

55.00

High

55.00

Low

54.00

Gain%

-0.83%

Signal History

Date	Price	Signal	Change%		TL100⇨
14/07	54.45	SELL	-0.8%		129
03/07	52.20	BUY	+4.3%	✔	124
13/06	46.70	SELL	+11.8%	❌	124
03/06	48.80	BUY	-4.3%	❌	130
21/05	51.47	SELL	-5.2%	✔	130
14/05	50.48	BUY	+2.0%	✔	128
08/04	74.33	SELL	-32.1%	✔	128
26/03	52.95	BUY	+40.4%	✔ 👍	92
21/03	52.96	SELL	0.0%	✔	92
28/02	54.69	BUY	-3.2%	❌	95
26/02	53.50	SELL	+2.2%	❌	95
20/02	55.89	BUY	-4.3%	❌	99
18/02	54.94	SELL	+1.7%	❌	100
10/02	54.89	BUY	+0.1%	✔	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to SELL. The BEARISH MEETING LINE pattern has finally received confirmation because the prices crossed below the confirmation level at 55.00, and our valid average selling price now stands at 54.45. The previous BUY signal was issued on 03/07/2025, 11 days ago, when the stock price was 52.20. Since then, BALAT has risen by +4.31%.

Market Outlook

We may be at a market top or at the beginning of a correction. The market has lost momentum, and traders are now more aligned in their bearish outlook. The compelling evidence suggests it's prudent to consider closing long positions. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to act on the signal, and then you can begin evaluating other securities for a potential bullish bet.

Pattern Description

This pattern occurs during an uptrend. The first day’s white candlestick is followed by a black candlestick that opens sharply higher and closes at the same level as the prior session’s close. It is similar to the Dark Cloud Cover pattern; however, the amount the second day drops is different. The Dark Cloud Cover’s second day closes below the midpoint of the first day’s body, whereas the second day of the Bearish Meeting Line closes at the same level as the first day. Consequently, the Dark Cloud Cover is a more significant top reversal. Nonetheless, the Bearish Meeting Line should also be respected. more...

Date	Price	Signal	Change%		TL100⇨
14/07	54.45	SELL	-0.8%		1,271
03/07	52.20	BUY	+4.3%	✔	1,221
13/06	46.70	SELL	+11.8%	❌	1,223
03/06	48.80	BUY	-4.3%	❌	1,281
21/05	51.47	SELL	-5.2%	✔	1,284
14/05	50.48	BUY	+2.0%	✔	1,261
08/04	74.33	SELL	-32.1%	✔	1,264
26/03	52.95	BUY	+40.4%	✔ 👍	902
21/03	52.96	SELL	0.0%	✔	904
28/02	54.69	BUY	-3.2%	❌	935
26/02	53.50	SELL	+2.2%	❌	937
20/02	55.89	BUY	-4.3%	❌	981
18/02	54.94	SELL	+1.7%	❌	983
10/02	54.89	BUY	+0.1%	✔	984
14/01	58.40	SELL	-6.0%	✔	986
08/01	56.80	BUY	+2.8%	✔	961
06/01	54.55	SELL	+4.1%	❌	963
27/12	56.95	BUY	-4.2%	❌	1,007
12/12	60.00	SELL	-5.1%	✔	1,009
03/12	58.02	BUY	+3.4%	✔	978
27/11	54.20	SELL	+7.0%	❌	980
21/11	50.46	BUY	+7.4%	✔	914
14/11	46.00	SELL	+9.7%	❌	916
11/11	46.86	BUY	-1.8%	❌	935
31/10	46.52	SELL	+0.7%	❌	937
24/10	48.60	BUY	-4.3%	❌	981
14/10	49.50	SELL	-1.8%	✔	983
10/10	50.56	BUY	-2.1%	❌	1,006
30/09	49.47	SELL	+2.2%	❌	1,008
13/09	40.74	BUY	+21.4%	✔ 👍	832
05/09	41.98	SELL	-3.0%	✔	833
08/08	39.46	BUY	+6.4%	✔	785
31/07	37.80	SELL	+4.4%	❌	786
09/07	37.92	BUY	-0.3%	❌	790
27/06	37.61	SELL	+0.8%	❌	792
12/06	26.56	BUY	+41.6%	✔ 👍	560
24/05	35.62	SELL	-25.4%	✔	562
14/05	35.30	BUY	+0.9%	✔	558
10/05	33.16	SELL	+6.5%	❌	559
26/04	24.23	BUY	+36.9%	✔ 👍	409