Stock Market Rises Ahead of Micron Earnings, SK Hynix Plans $30 Billion Listing

U.S. stock futures edged higher as markets awaited Micron Technology's earnings report. The Nasdaq 100 index had fallen over 3% from its previous close. SK Hynix plans a $30 billion initial public offering in the U.S. to meet rising demand for memory chips. The move is seen as a sign of increased competition and demand in the sector. Oil prices continued their downward trend amid ongoing U.S.-Iran talks, indicating persistent uncertainty in energy markets. HSBC's Max Kettner shared views that the U.S.'s exceptional position may soon come to an end, predicting implications for global markets. This is not investment advice.

📊 NDX — Piyasa Yorumu

▼ down · 60%

NDX is trading below its 20- and 50-day moving averages, with the RSI approaching oversold territory at 32. The MACD line is below the signal line and in negative territory, indicating weak short-term momentum. Although positive news such as the pre-Micron rally and SK Hynix listing plan exists, the weakness in technical indicators and the 1.94% decline over the past 24 hours appear more dominant. Therefore, the likelihood of a continued short-term downtrend is high.

RSI 14

32.1

MACD

-180.09

24h Δ

-1.94%

📊 HSBC — Piyasa Yorumu

■ neutral · 60%

HSBC shares experienced a slight decline in the last close, with the RSI remaining neutral at the 50 level. Although the MACD is below the signal line, the 20-day moving average is trading above the 50-day moving average, indicating a medium-term upward trend. Developments related to Micron and SK Hynix in the news headlines could positively impact the technology sector, but the direct effect on a bank stock like HSBC may be limited. In the short term, as current technical indicators do not provide a clear direction, the price is expected to move within a horizontal band.

RSI 14

50.4

MACD

0.31

24h Δ

-0.55%

📊 MU — Piyasa Yorumu

■ neutral · 60%

MU stock is displaying a weak technical outlook despite positive news flow ahead of earnings results. The RSI is at 39, indicating selling pressure, while the MACD remains negative and below its signal line. The price is trading below both the 20-day and 50-day moving averages. Although the news headline reflects sector optimism, current technical indicators do not provide sufficient signals to determine a clear short-term direction. Therefore, maintaining a neutral stance would be more appropriate.

RSI 14

39.4

MACD

-4.25

24h Δ

-0.43%

📊 BRENT — Piyasa Yorumu

▼ down · 70%

Brent crude has entered oversold territory on technical indicators (RSI at 28.96) and is trading below short-term moving averages (SMA20 and SMA50). The MACD line remains below the signal line and in negative territory, indicating continued bearish momentum. Although the news headline focuses on technology stocks, it does not generate a direct demand signal for the oil market. The 3.3% decline over the past 24 hours confirms strong selling pressure. A continued bearish trend is expected in the short term, though some corrective buying may occur due to oversold conditions.

RSI 14

29.0

MACD

-0.51

24h Δ

-3.32%

Canlı Grafikler