Erdoğan: Budget of Investment Credit Program Raised to 750 Billion Lira

Although the news signals economic stimulus through an increased investment loan program budget, SAHOL stock exhibits a technically weak outlook. While the RSI at 39 approaches oversold territory, the price is trading below both the 20-day and 50-day moving averages. The MACD line is below the signal line and in negative territory, indicating weak short-term momentum. The positive impact of the news may offset the weakness in technical indicators, but further confirmation is needed to determine a clear direction.

The news of an increased budget for the investment loan program raises expectations for economic recovery, which is positive for banking stocks. KCHOL's RSI 14 stands at 59.48, in neutral territory, giving no overbought or oversold signals. The MACD line is above the signal line and positive, indicating that short-term upward momentum may continue. The price is trading above the 20- and 50-day moving averages, presenting a technically supportive outlook. However, given a slight decline from the last close and uncertainty in overall market conditions, the upside expectation can be expressed with moderate confidence.

Although AKBNK stock is technically approaching oversold territory (RSI 30), the short-term trend appears weak. The price is trading below both the 20-day and 50-day moving averages, and the MACD is in negative territory. While news indicates the expansion of an investment loan program, this is not expected to have a direct and immediate impact on bank stocks in the short term. Overall market sentiment and the technical picture do not provide sufficient signals to determine a clear direction.

The news of an increased budget for the investment loan program could raise expectations for economic recovery. Although GARAN shares closed down 1.78% in the last session, the RSI at 30.5 is approaching oversold territory. While the MACD line remains below the signal line, news support from these levels could create short-term recovery potential. However, being above the SMA20 and SMA50 suggests that upward movement may be limited. Therefore, a bullish outlook can be expressed with moderate confidence.