Foreign Investors' Borsa Istanbul Scorecard for July: Top Buys in Tupras, Sells in YKBNK

Foreign investors' significant buying of Tupras shares in July indicates growing institutional interest and can be viewed as a positive short-term signal. Technical indicators also support this outlook; the RSI at 59 is not in overbought territory, the MACD is in positive territory, and the stock is trading above the SMA20 and SMA50. However, the MACD line recently crossing below the signal line may suggest a slight slowdown in momentum. Therefore, the bullish expectation can be expressed with moderate confidence, but excessive optimism should be avoided. In the short term, the 325-330 resistance zone could be tested, but profit-taking may occur at these levels.

The news indicates that foreign investors have sold YKBNK shares, which could create selling pressure in the short term. Technical indicators already show weak momentum, with the RSI at 48 in neutral territory, the MACD below its signal line, and the price below the SMA20. The slight decline in the last closing also supports this negative outlook. However, staying above the SMA50 and the limited decline increase the likelihood of a limited pullback rather than a sharp sell-off. Therefore, the direction is downward, but the confidence level is moderate.