ASELSAN and SSB Sign $845 Million Satellite and Security Contract
📊 ASELS — Piyasa Yorumu
▲ up · 65%ASELSAN's signing of an $845 million contract with the Presidency of Defense Industries (SSB) is a significant development supporting the company's growth potential. Although technical indicators show the RSI near oversold territory at 40.9 and the MACD is negative, this news could generate buying interest in the short term. While the price trading below its 20- and 50-day moving averages indicates weakness, the contract news may reverse the momentum. A short-term upward movement can be expected, though resistance levels may be tested.
📊 SSB — Piyasa Yorumu
▲ up · 65%The news announces a large-scale contract between the Presidency of Defense Industries (SSB) and ASELSAN. This confirms strong demand and budget support in SSB's area of activity. In technical indicators, the RSI approaching the 30 level signals an oversold region, creating potential for a short-term recovery. However, the MACD being below the signal line and the price trading below the 20- and 50-day moving averages suggest that any upside may be limited. Therefore, despite the positive news, a cautious rally is expected.