OYAKC

In the medium term, OYAKC - Oyak Cement Stock is trading within a broad horizontal range, while in the long term, it remains in an upward trend. However, a negative technical outlook is evident in the short term. According to correction levels, the 40.24 and 50.64 levels serve as support in the long term. Should prices fall below 40.24, the technical outlook will turn negative, making holding it in a portfolio risky. For clear upward movements, pricing above 62.09 is required. Fundamentally, the company exhibits high asset profitability, though its price to earnings ratio appears negative when compared to the industry average. The level of 40.24 should be closely monitored in this generally positive stock.