Akbank TAS

AKBTY is entrenched in a bearish regime across all horizons, with price below declining EMAs and the 200-day SMA and a series of lower highs and lows. The recent uptick has stalled at the $2.94–$3.00 resistance zone, reinforcing the likelihood of a resumption of the downtrend toward $2.78 and lower. Given the rejection at overhead moving averages and lack of exhaustion signals, immediate bearish execution at the resistance area is favored.

• ↑Net income climbed 38% YoY to 34.3 B TL; revenue rose 45% to 140.3 B TL
• ↑Digital transformation with AI-driven advisory boosts customer engagement
• ↓Regulatory caps on FX loans may restrict loan-book expansion