Koç Holding Completes Sale of Tüpraş Shares

The completion of Koç Holding's sale of Tüpraş shares may create supply pressure, but such effects are typically priced in beforehand. Technical indicators are giving mixed signals: RSI is in neutral territory, MACD is trending upward, yet the price remains below its 50-day moving average. A sideways movement is possible in the short term, but attention should be paid to potential volume increases following the sale. The impact of the news may be limited, as such transactions do not alter the corporate structure.

The completion of Tupras' share sale may have a limited impact on KCHOL, as the transaction is viewed as a portfolio adjustment rather than a change in the company's core operations. Technically, the RSI at 65.8 is approaching overbought territory, while the MACD remains positive and above its signal line, indicating sustained short-term momentum. The price is trading above both the SMA20 and SMA50, confirming a medium-term uptrend. However, after a 2.14% gain in the last 24 hours, profit-taking could occur, leaving no clear directional signal. Combining the news flow and technical outlook, a sideways movement is expected over the next 1-3 days.