BIST 30 Index Stands Out After CMB Regulation
📊 XU030 — Piyasa Yorumu
▼ down · 60%The index has fallen 1.88% in the last 24 hours to 16,467, with RSI at 38.5 indicating a weak zone. MACD is below the signal line and negative, suggesting downward short-term momentum. Trading below SMA20 and SMA50 is pressuring the technical outlook. While the SPK regulation news is positive in the medium term, current technical weakness and selling pressure may persist in the short term. Therefore, a continued downward movement is likely over a 1-3 day perspective.
📊 GOOGL — Piyasa Yorumu
▼ down · 55%Although the headline focuses on BIST 30, it does not contain a direct catalyst for GOOGL, so the impact may remain limited. Technical indicators present a weak outlook: RSI at 42 is near the oversold zone, MACD is below the signal line, and the price is below both the 20-day and 50-day moving averages. In the short term, the current momentum is bearish, posing a risk of the price staying below the $339 level. However, since the news is not market-wide and the decline is not severe, the confidence level is kept moderate. Investors should watch the $335-$337 support zone; a break below this level could accelerate the decline.