BIST 100's 4-Week Rally Ends, Losses Exceed 40%

The four-week rally on Borsa Istanbul has come to an end. The BIST 100 index experienced a sharp decline on the last trading day, causing significant losses for investors. The index's recent value loss has exceeded 40%. Market experts, analyzing the reasons behind this decline, point to reduced global risk appetite and domestic economic uncertainties as contributing factors. High volatility, in particular, is leading investors to act cautiously. This sharp pullback in the BIST 100 has prompted portfolio managers to reassess their risk management strategies. For long-term investors, this period is considered critical for evaluating market dynamics. Analysts state that they will continue to monitor the index's support levels and watch for potential recovery signals. However, given the current situation, making a clear prediction about the market's direction appears difficult. This is not investment advice.

📊 XU100 — Piyasa Yorumu

▼ down · 60%

The headline indicates that the 4-week rally in BIST 100 has ended, with losses exceeding 40%, which could create a negative perception in the market. Among technical indicators, RSI stands at 45.66 in neutral territory, while MACD is negative but above its signal line, suggesting a weak recovery signal, yet the overall trend remains downward. The price is above the 20-day moving average (13,976) but below the 50-day average (14,181), indicating potential short-term resistance. Despite the 0.57% increase at the last close, considering the news flow and medium-term trend, selling pressure is likely to persist in the short term. Therefore, a downward movement is expected over a 1-3 day horizon, but the confidence level is kept moderate as technical indicators do not signal a sharp decline.

RSI 14

45.7

MACD

-43.87

24h Δ

0.57%

📊 GOOGL — Piyasa Yorumu

▼ down · 55%

The sharp decline in BIST 100 may reduce risk appetite for emerging markets and could indirectly affect US tech stocks such as GOOGL. Technical indicators already present a weak outlook, with RSI at 46 in neutral territory and MACD negative and below its signal line. The price has closed below the 20-day and 50-day moving averages, which could increase short-term pressure. However, since the news does not directly target GOOGL, the impact may remain limited and selling pressure may not deepen. A sideways or slightly lower movement appears more likely.

RSI 14

46.3

MACD

-0.18

24h Δ

1.27%

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