IPO Volume on Borsa Istanbul Reaches $1.08 Billion
📊 GOOGL — Piyasa Yorumu
■ neutral · 30%The news headline pertains to Borsa Istanbul and does not directly impact GOOGL shares. Although technical indicators suggest a weak bearish trend, the RSI at 44 remains in neutral territory, while the MACD continues to stay above its signal line. The price is trading below both the 20-day and 50-day moving averages. In the short term, there is no clear directional signal, and the market is expected to consolidate around current levels.
📊 XU100 — Piyasa Yorumu
▼ down · 60%The XU100 index is giving off weakening signals in short-term technical indicators. The RSI is at 40, approaching the sell zone, while the MACD line is below the signal line and in negative territory. The price is trading below both the 20-day and 50-day moving averages, confirming a downward short-term trend. Although the IPO size mentioned in the news headline is a positive development for the market, the deterioration in the technical structure and selling pressure support a bearish tendency in the near term. Therefore, the index is expected to continue its downward trend over the next 1-3 days.