Cloudflare Shares Rise After Revision of Financial Expectations Due to AI Demand
📊 NET — Piyasa Yorumu
▲ up · 70%NET shares rose following Cloudflare's upward revision of its forecast, driven by AI demand. With the RSI14 value above 75, a short-term correction may be on the horizon. However, the positive divergence between the MACD and MACD signal lines suggests that buying pressure could persist. The 12% increase seen in the last 24 hours points to a potential short-term continuation. Nevertheless, being in overbought territory, there is also a possibility of a correction.
📊 GOOGL — Piyasa Yorumu
▼ down · 60%GOOGL has fallen 4.8% in the last 24 hours, with RSI at 37.6, indicating weak momentum. MACD is below the signal line and negative, suggesting short-term downward momentum. The price is below the SMA20 and trading near the SMA50; if it fails to find support at this level, further declines could follow. The Cloudflare news has limited direct impact on GOOGL, but AI demand could support tech stocks broadly. Given the prevailing short-term downtrend, a sideways or slightly lower movement is expected.