Borsa İstanbul Experiences Sell‑off Wave: 10 Stocks Lose Over 37%

The liquidation wave at Borsa Istanbul may slightly negatively affect global risk perception, but GOOGL's technical indicators (RSI 56, MACD positive, above SMA20 and SMA50) indicate a strong position. No major movement is expected in the short term; markets may generally remain stable.

The news points to a sharp liquidation wave across Borsa Istanbul and could create selling pressure on liquid stocks like ASELS. Technical indicators are already weak: the price is below the SMA20 and SMA50, MACD is negative and slightly below the signal line, and RSI at 46 is in the neutral-weak zone. There has been a 1.84% decline in the last 24 hours, indicating a selling trend even before the news. In the short term (1-3 days), downside risk may continue, but there is also a possibility that the decline remains limited because the RSI is not approaching oversold territory and the news is not stock-specific. Nevertheless, due to overall market negativity, a cautious downward trend is expected.

The news points to a broad sell-off wave on Borsa Istanbul and notes that 10 stocks fell sharply. Such news generally reduces risk appetite across the market and creates selling pressure. For AKBNK specifically, the last close was 70.7, down 1.19% daily; RSI at 53 is neutral, MACD is slightly above the signal line, and the price is around SMA20 and SMA50. Technical indicators do not provide a clear direction, but the negative sentiment created by the news could exert downward pressure in the short term. Nevertheless, the direct impact of the news on the bank stock may be limited; therefore, the confidence level is moderate.

BIZIM stock has fallen 5.8% in the last 24 hours to 21.42 TL, with the RSI14 indicator at 20.5, in oversold territory. MACD is negative and below the signal line, indicating that short-term downward momentum may continue. The general liquidation wave in the news headline suggests that risk appetite across the market has weakened and selling pressure may persist. However, oversold conditions also increase the possibility of a technical rebound; therefore, although the direction is down, the decline is expected to slow. In the short term, the support level around 21 TL will be critical.