BIST 100 Ends Week with 0.63% Decline
📊 XU100 — Piyasa Yorumu
■ neutral · 60%Despite the weekly closing decline, the index rose 2.17% in the last 24 hours and closed above its 20-day moving average. The RSI stands at 59.5, indicating neither overbought nor oversold conditions, but the MACD has fallen below the signal line. This suggests short-term directional uncertainty. The weekly decline in the headline may make investors cautious, but technical indicators do not provide a clear signal. Therefore, a sideways trend can be expected in the short term.
📊 GOOGL — Piyasa Yorumu
■ neutral · 60%Although GOOGL shares closed down 0.93% in the last session, the RSI at 53.6 remains in neutral territory and the MACD is hovering near its signal line. Closing above the 20-day SMA ($367.64) provides short-term support, while the 50-day SMA ($363.84) stands out as a stronger support level. Since the news headline focuses on BIST 100, no direct impact on GOOGL is expected. As technical indicators do not give a clear directional signal, the stock is likely to move within a sideways range in the near term.