Daily Price Action
Monday, September 18
th
2017
IHSG Technical Review
IHSG (+0.34%) ditutup menguat 20.39 poin sebesar 5872.39 diakhir
pekan. Indeks sector trading (+1.5%) memimpin peguatan.
Sedangkan indeks pertanian (-2.2%) berbalik terkoreksi menjadi
penekan IHSG. Investor melakukan aksi jual 683.5 Miliar rupiah pada
akhir pekan.
Top Foreign Net Buy:
BUMI, ADRO, BRPT, MYRX, BMRI
Top Foreign Net Sell:
PWON, TLKM, WSBP, ASII, APLN
Secara teknikal IHSG terkonsolidasi positif tepat pada bullish trend
line setelah sempat menyentuh support MA50. Indikator stochastic
masih bergerak bearish meskipun momentum indikator RSI terlihat
cukup optimis. Sehingga diperkirakan IHSG akan membuka pekan
dengan penguatan pada range pergerakan 5833-5890.
Saham-saham yang dapat diperhatikan diantaranya AKRA, ANTM, BSDE,
UNTR, PWON, TINS.
Indeks Nikkei (+0.52%), TOPIX (+0.42%) dan Kospi (+0.90%) cukup
optimis menguat diawal pekan perdagangan. Asset haven seperti Yen
(-0.3%) dan Gold (-0.2%) dibuka turun. Harga nikel (-0.98%) dan
Batubara NC (-0.80%) memimpin penurunan harga komoditas dunia.
Market View
Stock Picks
AKRA
BSDE
Analisis
:
•
Harga saham berhasil
rebound
pada level MA20 dan
bullish
trend
. Menuju pengujian level
resistance
.
•
Batasan
stop-loss
jika harga
mengkonfirmasi
pulled back
resistance level.
•
Indikator
Stochastic
membentuk pola golden-cross
pada area jenuh jual.
•
Support
: 6500-6750
•
Resistance
: 7000-7175
•
Stop-loss
: 6800
•
Target Price
: 7175-7375
BUY
Analisis
:
•
Candlestick
membentuk pola
three white soldiers
dengan
indikasi menguat jangka
pendek
whipsaw
pada pola
pitchfork
.
•
Batasan
stop-loss
jika harga
break out support
•
Indikator
Stochastic
membentuk berhasil crossing
pada middle oscillator.
Momentum
RSI yang terlihat
pada level jenuh jual.
•
Support
: 1720-1775
•
Resistance
: 1820-1870
•
Stop-loss
: 1770
•
Target Price
: 1870
Stock Picks
PWON
ERAA
Analisis
:
•
Candlestick
memiliki pola
bullish
separating line
dengan
whipsaw
pada
level
MA200
support
. Indikasi penguatan
jangka pendek menguji MA50.
•
Batasan
stop-loss
jika harga
saham
break out
MA200
support level
.
•
Indikator
Stochastic
telah
terkonsolidasi dengan bullish
reversal momentum
indicator
RSI yang cukup optimis pada
volume tinggi.
•
Support
: 600-625
•
Resistance
: 650-670
•
Stop-loss
: 610
•
Target Price
: 655-670
BUY
Analisis
:
•
Pulled back resistance level
dan
channeling trend
. Terkoreksi
jangka pendek hingga menuji
support
MA20.
•
Batasan
stop-loss
jika harga
saham terkonfirmasi
pulled
back
.
•
Indikator
stochastic bearish
terkonsolidasi dengan
momentum
bearish reversal
dari Indikator RSI.
•
Support
: 690-730
•
Resistance
: 770-795
•
Stop-loss
: 750
•
Downisde
: 710
LS-27 Technical Table
Source : Reliance Sekuritas Indonesia
Analyst Conclusions:
The index still bearish consolidations after reached the all time high level.
Legend :
▪
B: BUY (allocate till 100% of the weighted capital to accumulate, higher than 50% upside probability)
▪
SB: SPECULATIVE BUY (allocate 25%-50% of the weighted capital to accumulate, 25%-50% upside probability)
W: WAIT (wait for proper entry level, do the stop-loss if necessary)
Closing
Stop
Rec
Target
Price
Rec
Loss
Buy Prc
Price
Plantation
AALI
15,000
15,400
15,500
15,700
16,100
Broke resistance
H
15,200
15,700
LSIP
1,400
1,460
1,485
1,500
1,540
Broke resistance
H
1,450
1,500
Mining
INCO
2,670
2,850
2,840
3,020
3,200
Consolidations
PS
2,840
Consumer
UNVR
49,500
51,000
51,100
52,000
53,500
Bearish homing pigeon
PS
51,000
INDF
8,325
8,500
8,525
8,750
9,050
False break resistance level
PS
8,475
KLBF
1,660
1,700
1,725
1,740
1,775
Consolidations
TB
1,680
1,775
Trading
ACES
1,000
1,050
1,065
1,100
1,145
Consolidations
PS
1,040
AKRA
6,500
6,750
6,850
7,000
7,200
Rebounded at MA20
TB
6,700
7,000
UNTR
28,000
29,200
30,000
30,475
31,700
Arrived at bullish trend
TB
30,200
31,700
Property &
Construction
LPCK
4,200
4,380
4,410
4,600
4,770
Consolidations
W
4,400
WIKA
1,700
1,775
1,800
1,830
1,900
Broke out support
W
1,770
BSDE
1,720
1,770
1,790
1,820
1,870
Whipsaw support level
TB
1,750
1,825
WSKT
1,750
1,825
1,845
1,890
1,970
Consolidations
TB
1,820
1,950
ADHI
1,875
1,950
2,010
2,030
2,100
Consolidations
H
1,980
2,030
Basic Industry
& Chem ical
SMGR
9,900
10,200
10,500
10,700
11,050
Bearish harami
S
10,400
CPIN
2,480
2,600
2,660
2,700
2,800
Broke support level
W
2,600
MAIN
810
850
900
895
960
Stoch golden-cross
TB
860
920
INTP
18,000
18,400
18,925
19,000
19,525
Consolidations
W
18,900
Miscelaneous
SRIL
330
342
342
356
370
Oversold
W
340
ASII
7,400
7,625
7,900
7,900
8,150
Overbought
H
7,800
8,150
Finance
BBTN
3,000
3,080
3,140
3,200
3,300
Broke resistance level
H
3,070
3,200
BMRI
6,400
6,525
6,550
6,650
6,775
Bearish momentum
PS
6,450
BTPN
2,440
2,490
2,510
2,550
2,590
Consolidations
W
2,500
BJBR
2,320
2,480
2,540
2,690
2,840
Consolidations
W
2,480
BBRI
14,200
14,775
14,825
15,200
15,500
Consolidations
TB
14,700
15,325
Infrastructure
TLKM
4,400
4,570
4,670
4,800
5,025
Consolidations
TB
4,600
4,870
PGAS
1,685
1,700
1,735
1,790
1,880
Consolidations
SB
1,700
1,730
1,880
Equity Technical Indicator
Legend :
•
Movement: Bullish and Bearish (Indicator Stochastic)
•
Momentum: Oversold, Overbought and Neutral (Indicator RSI)
Re sistance P rice Sup p o rt We e kly We e kly
Fractal 9/14/2017 Fractal Hig h Lo w RSI B. Band 20 Days 50 Days 200 Days
AALI .JK 15,325 15,500 14,650 15,550 14,975 Overbought Bearish Neutral Upper Bands Upper Upper Upper ACES.JK 1,095 1,065 1,050 1,095 1,075 Neutral Bullish Neutral Middle Bands Under Under Upper AD H I .JK 2,050 2,010 1,930 2,090 1,955 Neutral Bearish Neutral Middle Bands Under Under Under AD RO.JK 1,930 1,740 1,785 1,930 1,800 Neutral Bearish Neutral Lower Bands Under Under Upper AI SA.JK 1,035 1,125 865 1,140 915 Neutral Bullish Neutral Middle Bands Upper Under Under AKRA.JK 7,275 6,850 6,675 7,275 6,900 Neutral Bearish Neutral Middle Bands Upper Upper Upper AN TM.JK 765 680 690 715 685 Oversold Bullish Neutral Middle Bands Under Under Under APLN .JK 294 304 230 306 282 Neutral Bullish Overbought Upper Bands Upper Upper Upper ASI I .JK 7,950 7,900 7,625 7,950 7,850 Overbought Bullish Neutral Middle Bands Upper Under Under ASRI .JK 362 360 330 368 348 Neutral Bullish Neutral Middle Bands Upper Upper Upper BBCA.JK 19,100 19,100 18,700 19,150 19,025 Neutral Bullish Neutral Upper Bands Upper Upper Upper BBKP.JK 605 590 590 605 595 Neutral Bearish Neutral Lower Bands Under Under Under BBN I .JK 7,300 7,250 7,075 7,275 7,250 Neutral Bullish Neutral Middle Bands Under Upper Upper BBRI .JK 15,050 14,825 14,800 15,050 14,900 Neutral Bearish Neutral Middle Bands Under Under Upper BBTN .jk 3,180 3,140 2,960 3,140 3,030 Neutral Bullish Overbought Middle Bands Upper Upper Upper BD MN .JK 5,400 5,225 5,200 5,400 5,300 Neutral Bearish Neutral Middle Bands Under Under Upper BH I T.JK 104 102 97 106 101 Neutral Bearish Neutral Upper Bands Upper Under Under BJBR.JK 2,640 2,540 2,390 2,640 2,540 Neutral Bearish Neutral Middle Bands Under Upper Upper BJTM.JK 710 680 680 700 685 Oversold Bullish Neutral Middle Bands Under Upper Upper BKSL.JK 149 144 130 149 144 Neutral Bearish Neutral Middle Bands Under Upper Upper BMRI .JK 6,688 6,550 6,400 6,700 6,650 Neutral Bearish Neutral Middle Bands Under Under Upper BMTR.JK 515 492 482 505 488 Neutral Bullish Neutral Middle Bands Under Under Under BSD E.JK 1,850 1,790 1,745 1,850 1,790 Neutral Bearish Neutral Middle Bands Under Under Under BTPN .JK 2,600 2,510 2,450 2,560 2,490 Neutral Bearish Neutral Middle Bands Under Under Under BWPT.JK 224 266 216 274 222 Neutral Bullish Overbought Upper Bands Upper Upper Under CMN P.JK 1,390 1,365 1,330 1,390 1,340 Neutral Bullish Neutral Middle Bands Upper Upper Under CPI N .JK 2,800 2,660 2,670 2,800 2,740 Neutral Bearish Neutral Middle Bands Under Under Under CSAP.JK 500 472 460 476 470 Overbought Bearish Neutral Middle Bands Under Upper Under CTRA.JK 1,235 1,190 1,110 1,205 1,155 Neutral Bullish Neutral Middle Bands Upper Upper Under D I LD .JK 460 418 404 460 418 Neutral Bearish Neutral Middle Bands Upper Upper Under EXCL.JK 3,870 4,020 3,600 4,060 3,820 Overbought Bullish Overbought Upper Bands Upper Upper Upper GGRM.JK 67,500 69,250 65,550 69,400 66,200 Neutral Bullish Neutral Middle Bands Upper Under Upper GI AA.JK 342 338 320 346 324 Neutral Bullish Neutral Middle Bands Upper Under Under GJTL.JK 1,000 740 690 760 720 Oversold Bullish Oversold Middle Bands Under Under Under H EXA.JK 4,190 4,080 4,050 4,180 4,080 Neutral Bearish Neutral Middle Bands Under Upper Upper H RUM.JK 2,400 2,110 2,250 2,400 2,230 Neutral Bearish Neutral Lower Bands Under Under Under I CBP.JK 8,875 8,725 8,675 8,825 8,775 Neutral Bearish Neutral Middle Bands Upper Upper Upper I MAS.JK 945 895 890 925 895 Oversold Bullish Neutral Middle Bands Under Under Under I N CO.JK 3,140 2,840 2,850 3,040 2,970 Neutral Bearish Neutral Lower Bands Under Upper Upper I N D F.JK 8,450 8,525 8,275 8,700 8,575 Neutral Bearish Neutral Middle Bands Upper Upper Upper I N D Y.JK 2,030 1,865 1,115 2,030 1,675 Overbought Bearish Overbought Middle Bands Upper Upper Upper I N TA.JK 270 256 256 266 258 Neutral Bullish Neutral Middle Bands Under Under Under I N TP.JK 19,600 18,925 18,325 19,600 19,250 Neutral Bearish Neutral Middle Bands Under Upper Upper I TMG.JK 20,975 19,500 18,550 20,975 19,600 Neutral Bearish Neutral Middle Bands Under Under Upper JPFA.JK 1,220 1,130 1,100 1,165 1,140 Neutral Bearish Neutral Middle Bands Under Under Under JSMR.JK 6,050 5,900 5,800 6,050 5,975 Neutral Bearish Neutral Middle Bands Upper Upper Upper KI JA.JK 316 310 308 316 310 Neutral Bearish Neutral Lower Bands Under Under Upper KLBF.JK 1,745 1,725 1,690 1,745 1,730 Neutral Bearish Neutral Middle Bands Under Upper Upper KRAS.JK 555 545 535 555 545 Neutral Bullish Neutral Middle Bands Under Under Under LPCK.JK 4,940 4,410 4,550 4,680 4,480 Neutral Bearish Neutral Lower Bands Under Under Under LPKR.JK 770 745 690 770 750 Neutral Bearish Neutral Middle Bands Under Upper Upper LPPF.JK 11,025 9,725 9,175 10,075 9,525 Neutral Bullish Neutral Middle Bands Under Under Under LSI P.JK 1,395 1,485 1,330 1,490 1,395 Overbought Bearish Overbought Upper Bands Upper Upper Under MAI N .JK 965 900 880 925 905 Oversold Bullish Neutral Middle Bands Under Under Under MAPI .JK 7,200 6,950 6,500 7,200 7,000 Neutral Bearish Neutral Middle Bands Upper Upper Upper MASA.JK 234 216 202 234 214 Neutral Bullish Neutral Middle Bands Upper Upper Under MN CN .JK 1,510 1,310 1,455 1,370 1,320 Oversold Bullish Oversold Middle Bands Under Under Under MPPA.JK 695 580 565 620 590 Oversold Bearish Neutral Middle Bands Under Under Under MTLA.JK 322 356 342 358 344 Neutral Bullish Neutral Middle Bands Under Upper Upper MYOR.JK 1,995 1,960 1,940 1,995 1,960 Neutral Bearish Neutral Middle Bands Under Upper Upper PGAS.JK 2,230 1,735 1,680 1,840 1,760 Oversold Bullish Oversold Middle Bands Under Under Under PTBA.JK 12,575 9,975 11,600 12,575 10,825 Neutral Bearish Oversold Lower Bands Under Under Under RALS.JK 1,060 950 920 970 935 Neutral Bullish Neutral Middle Bands Under Under Under ROTI .JK 1,250 1,340 1,165 1,345 1,255 Overbought Bullish Overbought Upper Bands Upper Upper Under SCMA.JK 2,250 2,240 1,960 2,270 2,070 Neutral Bullish Neutral Middle Bands Upper Under Under SGRO.JK 2,110 2,190 2,020 2,200 2,200 Overbought Bearish Overbought Middle Bands Upper Upper Upper SI MP.JK 520 540 492 540 500 Neutral Bullish Overbought Upper Bands Upper Upper Under SMCB.JK 805 830 780 840 810 Overbought Bearish Neutral Upper Bands Upper Upper Under SMGR.JK 10,950 10,500 9,550 10,600 10,325 Overbought Bullish Neutral Middle Bands Upper Upper Upper SMRA.JK 1,020 1,005 970 1,020 995 Neutral Bullish Neutral Middle Bands Under Under Under SRI L.JK 378 342 352 360 350 Neutral Bearish Neutral Middle Bands Under Under Upper SSI A.JK 675 600 645 665 635 Oversold Bearish Oversold Lower Bands Under Under Under SSMS.JK 1,530 1,515 1,490 1,545 1,505 Neutral Bullish Neutral Middle Bands Under Upper Under TLKM.JK 4,820 4,670 4,620 4,730 4,700 Neutral Bearish Neutral Middle Bands Under Under Upper TOTL.JK 765 725 715 750 735 Neutral Bearish Neutral Middle Bands Under Under Under UN TR.JK 31,975 30,000 29,500 31,950 30,625 Neutral Bearish Neutral Middle Bands Under Upper Upper UN V R.JK 51,200 51,100 50,400 51,750 50,900 Neutral Bullish Neutral Middle Bands Upper Upper Upper
T icke r Ind icato r Mo ving Ave rag e
Sto chastic
