Decline in Borsa Istanbul and Upward Step Rule

The news headline is related to Borsa Istanbul and has no direct connection to GOOGL stock. Therefore, the news is not expected to have a short-term impact on GOOGL. Technical indicators point to a 4% increase in the last 24 hours, the RSI is at 58, not in overbought territory, and the price is slightly above the SMA20. Although the MACD is below the signal line, it remains in positive territory, indicating that momentum has weakened but has not yet generated a sell signal. The overall outlook is neutral, and the impact of the news will be limited.

The XU100 index has fallen by 4.56% in the last 24 hours to 13,258, and the RSI14 indicator is at 13.16, in oversold territory. MACD is negative and below the signal line, and the price is well below the 20 and 50-day moving averages; this suggests that the short-term downward trend may continue. The phrase 'upward step rule' in the news headline can be interpreted as a measure to limit volatility and implies that selling pressure may persist. However, due to oversold conditions, reaction buying may occur; nevertheless, the overall outlook is downward. High volatility is expected to remain in the short term.

GARAN stock has fallen 4.54% in the last 24 hours to 122.0, with its RSI14 at 12.97, indicating oversold territory. MACD is negative and below the signal line, and the price is well below its 20- and 50-day moving averages, suggesting the short-term downtrend may continue. The news headline 'Decline in Borsa Istanbul and Upward Step Rule' points to a market-wide decline and increased volatility; the upward step rule may increase selling pressure in the short term. Although oversold conditions can sometimes trigger bargain hunting, the current technical picture and news flow indicate that downside risk persists. Therefore, I expect a downward trend in the 1-3 day horizon, but sharp fluctuations may occur due to oversold conditions.

AKBNK fell 4.6% in 24 hours to 66.35, with RSI14 at 16.9 indicating oversold territory. MACD is negative and below the signal line, and the price is well below SMA20 and SMA50, confirming weak short-term momentum. The news headline 'Decline in Borsa Istanbul and Upward Step Rule' points to a broadly selling market and increased volatility; the upward step rule may limit sharp moves in the short term. Oversold conditions could trigger reaction buying, but the trend and news flow keep downside risk intact. Therefore, in the 1-3 day outlook, the downward bias prevails, but caution is warranted against reaction buying.