5 Turkish Companies in Global Top 100 in Defense Industry
📊 ASELS — Piyasa Yorumu
■ neutral · 55%The headline underscores the global achievements of Turkish defense companies, which could foster a positive perception for ASELS. However, technical indicators remain weak: the RSI at 35 is near oversold territory, the MACD is negative, and the price is below both the 20-day and 50-day moving averages. Short-term momentum is bearish, but with news support, a sharp decline is not anticipated. The price stands at 384.5, with support seen in the 380-382 range and resistance around 391-392. Consequently, direction is uncertain, and a sideways movement is likely.
📊 ACSEL — Piyasa Yorumu
▼ down · 60%Although the news headline highlights the global success of Turkish defense industry companies, it does not contain any specific positive development for ACSEL shares. Technical indicators are weak: RSI is in oversold territory at 25.4, MACD is below the signal line, and the price is below both the 20-day and 50-day moving averages. The 1.64% decline at the last close confirms short-term negative momentum. Therefore, the impact of the news may remain limited, and the current downtrend could persist for a few more days. However, due to oversold conditions, the possibility of consolidation or a slight rebound rather than a sharp decline should not be ruled out.