IZENR

IZDEMIR Energy's stock, recently priced close to its initial public offering value, is showing technical signs of a positive reversal after a long hiatus. If it remains above the 18.60 support level, upward momentum may continue. For the upward trend to be confirmed, the 21.38 level must be surpassed. If this level is breached, the stock is expected to test the 24.34 to 26.34 range. From a fundamental perspective, the stock appears to be overvalued, with a price-to-earnings ratio above the industry average and no dividend yield, indicating it may not be suitable for long-term investment. Consequently, based on current fundamentals, any price increases are unlikely to be sustainable. The overall technical outlook is neutral, while the fundamental view remains negative.