BIST 100 Closes Week with 1.74% Loss: 13,934 Points and Critical Technical Levels

The BIST 100 index on Borsa Istanbul completed the week at 13,934 points, with technical analysis focusing on the 14,000 resistance level and stock-specific movements.

BIST 100 Closes Week with 1.74% Loss: 13,934 Points and Critical Technical Levels

Weekly Outlook for the BIST 100 Index The Borsa Istanbul BIST 100 index completed the past week with a 1.74% decrease, closing at 13,934 points.
Selling pressure, particularly in the holding sector, was a decisive factor in the index's downward movement.
The index stabilized at 319 in dollar terms, while the weekly average trading volume was recorded at 220.09 billion TL.
In the markets, the 2-year bond yield is hovering around 35.75%.
Technical Indicators and Critical Levels According to technical analysis data, the index remained below its 7-day moving average but maintained its position above the 20 and 50-day moving averages.
The RSI indicator stands at 60.89, and momentum is at 100.31.
In the event of upward recoveries, resistance levels of 14,006 and 14,078 will be monitored.
For potential pullbacks, support levels of 13,790 and 13,646 are significant for market balance.
Weekly Gainers and Losers On a weekly basis, the highest returns were provided by Destek Finans Faktoring at 35.64% and TR Anadolu Metal Madencilik at 11.35%.
Conversely, Girişim Elektrik Sanayi with a 16.70% drop and QUA Granite Hayal Yapı with a 14.16% decline were among the companies that lost the most value during the week.
Arçelik: Efforts to hold above 120.5 are being monitored, with the 124.00 level standing out as resistance.
Astor Enerji: While aiming for the 196.35 resistance by staying above its 20-day average, closings below 184.5 could bring the 154.00 support into focus.
Ford Otosan: Continues its search for support within the current technical outlook.

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