BIST 100 Index Breaks Record, Approaches 14,500 Level
📊 XU100 — Piyasa Yorumu
■ neutral · 60%Although the index has approached the 14,500 level with a new record, the RSI at 61 has not yet entered overbought territory but indicates a slowdown in the rally. The MACD remains below the signal line, suggesting weakening short-term momentum. Being above the 20- and 50-day moving averages is positive, but profit-taking may follow the 3.4% rise in the last 24 hours. Despite positive news, technical indicators warrant caution.
📊 GOOGL — Piyasa Yorumu
■ neutral · 60%Although GOOGL stock has shown strong performance with a 7.5% increase in the last 24 hours, the record-breaking performance of the BIST 100 index is not a direct catalyst for GOOGL. In technical indicators, the RSI at 64 has not approached overbought territory, while the MACD being above its signal line supports short-term upward momentum. However, the news is focused on Turkish markets, and since GOOGL trades on the US stock exchange, the impact may be limited. Therefore, short-term direction remains uncertain.