Sharp Selling Pressure on BIST 100: Decline Accelerates

The BIST 100 index, traded on Borsa Istanbul, came under intense selling pressure during the day, accelerating its decline. The negative sentiment in the market deepened the index's loss, while a noticeable decrease in investor risk appetite was observed. Sales were particularly concentrated in the banking and industrial sectors, with the index's decline falling below technical levels. Analysts note that fluctuations in global markets and geopolitical risks are putting pressure on the BIST 100. Experts indicate that support levels may be tested in the short term following this sharp decline in the index. However, caution is advised until a recovery signal is received in the markets. Investors are recommended to closely monitor volume and foreign investor data for a potential correction move. If uncertainties persist in the market, selling pressure is expected to continue. This is not investment advice.

📊 XU100 — Piyasa Yorumu

▼ down · 70%

The BIST 100 index is experiencing severe selling pressure and accelerating declines, creating a negative short-term outlook. Although the RSI at 36.5 is approaching oversold territory, the MACD remains below its signal line and in negative territory. The price has closed below both the 20-day and 50-day moving averages, indicating technical weakness. While the downtrend is likely to persist in the near term, oversold conditions suggest a potential corrective bounce cannot be ruled out.

RSI 14

36.5

MACD

-2.69

24h Δ

-1.68%

📊 GOOGL — Piyasa Yorumu

▼ down · 70%

GOOGL shares could be negatively impacted by news of intense selling pressure in the BIST 100. Technical indicators also support the decline: the RSI is approaching oversold territory at 35, while the price is trading below both the 20-day and 50-day moving averages. The MACD is below the signal line, and downward momentum is weak. In the short term, selling pressure is likely to persist, but the RSI entering oversold territory could trigger a rebound.

RSI 14

35.0

MACD

0.62

24h Δ

-0.39%

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