Turkish Airlines Reports Net Profit of 9.9 Billion Lira in Q1 2026
📊 THYAO — Piyasa Yorumu
■ neutral · 60%While Turkish Airlines' (THY) announcement of a TRY 9.9 billion net profit for the first quarter of 2026 is fundamentally positive, the recent decline in the stock price and weakening technical indicators make it difficult to determine a clear short-term direction. The RSI at 36 indicates the stock is approaching oversold territory but has not yet signaled a recovery. The MACD line remains below the signal line and in negative territory, pointing to weak short-term momentum. The price trading below both the 20-day and 50-day moving averages further weighs on the technical outlook. Therefore, despite the positive earnings news, the weak technical picture suggests a sideways trend in the near term.