Borsa Istanbul Changes Market for Barem Ambalaj Following Concordat Application
📊 BARMA — Piyasa Yorumu
▼ down · 75%The concordato (debt restructuring) application is a negative development confirming a serious deterioration in the company's financial structure and will increase pressure on the stock. Technical indicators also support this outlook; although the RSI is in oversold territory at 0.29, the MACD is in negative territory and the price is below both the 20-day and 50-day moving averages. The 9.98% decline at the last close indicates that selling pressure persists. While the likelihood of a short-term recovery is low, given the oversold conditions, a sideways trend or limited pullback may be expected rather than a sharp decline. It is important for investors to closely monitor the news flow regarding the concordato process.