JAKARTA – Composite Stock Price Index (IHSG) is predicted to strengthen in today’s trading. JCI will move in the range of 6,015-6,050.
Reliance Sekuritas analyst, Lanjar Nafi said, technically, although it closed slightly lower, the candlestick formed a bullish candle that stayed above the MA20 and MA5 levels. The stochastic and RSI indicators are moving bearish momentum with the MACD Indicator Signal Line saturating.
“JCI has the potential to re-test the MA20 at the level of 6,028 and test the bearish trendline resistance at 6,050 as confirmation of the next movement direction. So it is estimated that the JCI will continue to tend to consolidate higher at the beginning of the week with support and resistance at 6,015-6,050,” said Lanjar in his research, Monday (12/12/2020). 7/2021).
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Technically observable stocks include; AALI, ADHI, ADRO, AGII, ERAA, HMSP, JPFA, LSIP, MAIN, MEDC, PTPP, SMGR, WIKA, WSKT.
Previously, the JCI closed down 0.52 points or 0.00 percent to 6,039 with TLKM (+5.0%), BBHI (+24.5%), BSIM (25.0%), TPIA (+1.3%) and INCO (+4.4%). %) rose to offset the decline in shares of BBRI (-1.8%), BMRI (-2.1%), AGRO (-6.9%), EMTK (-1.4%) and BBNI (-2.5%) which experienced a decline.
Investors looked cautious at the end of the week amid uncertainty over the pace of the FOMC meeting on the outlook for interest rates and the number of new variants of COVID-19 cases that continued to expand. Foreign investors were observed to experience a net purchase of Rp23.11 billion.
