Galatasaray Also Removed from BIST 100
📊 XU100 — Piyasa Yorumu
▼ down · 35%Galatasaray's removal from the BIST 100 may have a limited effect on the overall direction of the index, as this change primarily focuses on the relevant stock. The XU100's last close at 13219.7 is just above its 20-day moving average (13212.5), but below its 50-day average (13397.2). The RSI at 45.5 is in neutral territory, and the MACD is in negative territory but above its signal line, which could be a weak recovery signal. The news is likely to have a limited direct impact on the index; however, it may create slight negativity in overall market sentiment. In the short term (1-3 days), the index is expected to move sideways or slightly downward.
📊 GOOGL — Piyasa Yorumu
■ neutral · 60%The news headline concerns Galatasaray's removal from the BIST 100 and is not directly related to GOOGL. Therefore, no short-term impact on GOOGL's price is expected. Technical indicators are positive: the price is above the 20-day and 50-day simple moving averages, the RSI at 63 has not approached overbought territory, and the MACD is above its signal line. However, due to the news being irrelevant, the current technical outlook may persist, and the direction is uncertain. Nevertheless, slight fluctuations may occur depending on overall market sentiment.