Daily Price Action
IHSG Technical Review
Wednesday, June 25
th2014
4862.24
20.12
153.43
0.42%
0.99
Vol (Mn):
5,081
0.65%
Val (Bn):
4,517
IHSG
LS-27
R3
5094
R2
5000
R1
4910
Last
4862.24
S1
4843
S2
4770
S3
4696
Comment:
Rebound signal.
Moderate
trading volume. Huge trading
volume.
Stochastic golden-cross
at
oversold
state,
upside
potential.
RSI
have
consolidations
momentum
at
moderate
oscillator.
Medium
term
bearish
movement.
Stop-loss level 4843. Rebound
potential at 4875. Downside
potential at 4770.
Sector Indices
Last
Change
Change %
Agriculture
2390
49.97
2.09
Mining
1476
(0.20)
(0.01)
Basic Industry
520
(0.24)
(0.05)
Misc Industry
1275
8.94
0.70
Consumer
2019
6.13
0.30
Property
409
1.83
0.45
Infrastructure
1064
5.22
0.49
Finance
644
0.97
0.15
Trade
893
6.96
0.78
Manufacture
1264
4.02
0.32
Source: Bloomberg
Most Active
Last
Change %
Freq
BUMI
159
21.4
7,806
MYRX
635
(1.6)
7,583
CPGT
59
(26.3)
5,459
SSMS
1,260
0.0
4,761
COWL
600
0.8
4,550
Most Volume
Last
Change %
000 Lot
BUMI
159
21.4
376
BKSL
89
(3.3)
359
CPGT
59
(26.3)
276
LPKR
965
(3.5)
130
META
215
1.4
122
Most Value
Last
Change %
Rp Bil
SILO
14,450
1.0
248
BBRI
10,000
(0.7)
237
TLKM
2,465
0.4
284
BMRI
9,775
0.3
151
LPKR
965
(3.5)
129
Source: Bloomberg
Daily Price Action
Stock Pick
BBRI
R3
11500
R2
11000
R1
10500
Last
10000
S1
9950
S2
9500
S3
9000
SPECULATIVE BUY
Comment:
Piercing line, moderate trading
volume. Reversal signal.
Stochastic
golden-cross
at
oversold state, broad upside
potential.
RSI bullish momentum at near
oversold oscillator.
The price has rebound at lower
Bollinger bands.
Medium term bearish
movement.
Stop-loss level 9850, upside
potential
10300
(MA25
resistance).
INDY
R3
810
R2
740
R1
670
Last
625
S1
605
S2
555
S3
490
TRADING BUY
Comment:
Bullish harami,
moderate
trading volume. Reversal signal.
Stochastic
golden-cross
at
oversold state. Broad upside
potential.
RSI,
bullish
momentum
potential at near oversold
oscillator.
Medium term bearish
movement.
The price has rebounded on
lower Bollinger bands.
Stop-loss level at 610, upside
potential at 670
(MA25
Resistance level).
Daily Price Action
Stock Pick
BHIT
R3
370
R2
350
R1
330
Last
314
S1
310
S2
290
S3
270
WAIT
Comment:
Bullish homing pigeon, huge
trading volume, reversal signal.
Stochastic
golden-cross
at
oversold state. Broad upside
potential.
RSI have a bullish reversal
momentum at near oversold
oscillator.
The price has arrived at lower
Bollinger bands.
Long term bullish movement.
Stop-loss level 310, rebound
confirmations at 317.
MAPI
R3
6000
R2
5500
R1
5050
Last
4860
S1
4720
S2
4480
S3
4140
TRADING BUY
Comment:
Tweezers bottom, huge trading
volume, reversal signal.
Stochastic
golden-cross
potential at oversold state.
Broad upside potential.
RSI have bullish momentum at
near oversold oscillator.
Long term bearish movement.
The price has rebounded on
lower Bollinger bands.
Stop-loss level 4720, upside
potential at 5200
(MA25
resistance level).
Daily Price Action
Source : Reliance Securities
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)
H: HOLD (hold the portfolio position, aim for the best price to distribute)
PS: PARTIAL SELL (distribute 25%-50% part of the portfolio, 25%-50% downside probability) S: SELL (distribute till 100% of the portfolio, higher than 50% downside probability)
TB: TRADING BUY (short term or intraday trading within a tight trading range. Highly speculative).
Analyst Conclusion:
The index on the consolidation movement.
LS27 Technical table
Closing
Stop
Rec
Target
S2
S1
Price
R1
R2
Technical Notes
Rec
Loss
Buy Prc
Price
Plantation
AALI
26,550
27,925
28,400
29,475
31,000
Break out resistance
H
28,000
29,250
LSIP
1,960
2,135
2,300
2,300
2,450
Consolidations
H
2,250
2,350
Mining
INCO
3,180
3,430
3,560
3,700
4,040
Bullish momentum
TB
3,500
3,700
PTBA
9,650
10,425
10,425
11,100
12,050
Consolidations
W
10,400
Consumer
AISA
2,140
2,250
2,290
2,365
2,485
Bullish momentum
SB
2,250
2,280
2,365
MYOR
26,400
28,000
29,325
29,450
31,000
Overbought
PS
28,500
KLBF
1,530
1,600
1,660
1,675
1,760
Bullish momentum
H
1,650
1,700
TradingACES
780
860
880
935
1,015
Consolidations
TB
850
935
AKRA
4,250
4,470
4,500
4,700
5,000
Stoch golden-cross
TB
4,450
4,700
BMTR
1,920
2,050
2,095
2,175
2,290
Bullish harami
TB
2,050
2,150
UNTR
20,900
22,525
23,000
23,750
25,225
Bullish momentum
H
22,750
23,750
MAPI
4,480
4,725
4,860
5,050
5,500
Bullish harami
TB
4,800
5,050
MNCN
2,425
2,580
2,625
2,645
2,725
Oversold
W
2,600
Property & Construction
ASRI
395
420
450
465
510
Consolidations
W
420
SMRA
1,015
1,080
1,150
1,170
1,250
Stoch golden-cross
TB
1,100
1,215
BSDE
1,350
1,425
1,500
1,530
1,625
Inverted hammer
TB
1,450
1,565
LPKR
860
930
965
1,000
1,100
Oversold
W
930
WIKA
1,990
2,150
2,220
2,300
2,450
Oversold
W
2,150
CTRA
930
960
985
1,020
1,070
Bullish harami
SB
960
980
1,045
Basic Industry &Chemical
CPIN
3,600
3,825
3,845
4,140
4,500
Sideways
PS
3,825
INTP
21,200
22,400
22,900
23,525
2,500
Oversold
W
22,400
MiscelaneousASII
6,900
7,150
7,275
7,400
7,725
Bullish momentum
SB
7,175
7,250
7,400
FinanceBBNI
4,475
4,700
4,780
4,900
5,100
Sideways
W
4,700
BBRI
9,500
9,950
10,000
10,500
11,000
Piercing line
SB
9,850
10,000
10,300
BBTN
890
970
1,030
1,040
1,100
Consolidations
TB
1,000
1,050
InfrastructureTLKM
2,200
2,350
2,465
2,470
2,600
Bullish momentum
H
2,450
2,490
PGAS
5,000
5,250
5,400
5,550
5,800
Consolidations
PS
5,250
Stocks
Daily Price Action
Technical Indicators Summary
Legend :
•Movement: Bullish and Bearish
•Momentum: Oversold (Jenuh Jual), Overbought (Jenuh Beli) and Neutral •Resistance Fractal: Strong Resistance
•Support Fractal: Strong Support
Resistance Price Support Weekly Weekly
Fractal 6/24/2014 Fractal High Low RSI B. Band 25 Days 50 Days 200 Days
AALI.JK 27,800 28,400 26,675 28,500 27,200 Overbought Bullish Neutral Upper Bands Upper Upper Upper
ACES.JK 925 880 835 895 875 Neutral Bullish Neutral Middle Bands Upper Upper Upper
ADRO.JK 1,305 1,135 1,225 1,305 1,170 Oversold Bearish Neutral Lower Bands Under Under Upper
AISA.JK 2,470 2,290 2,205 2,325 2,240 Oversold Bullish Neutral Middle Bands Under Under Upper
AKRA.JK 4,640 4,500 4,245 4,635 4,450 Neutral Bearish Neutral Middle Bands Upper Under Under
ANTM.JK 1,170 1,115 1,120 1,170 1,125 Neutral Bearish Neutral Middle Bands Under Under Under
APLN.JK 288 280 279 288 282 Neutral Bearish Neutral Middle Bands Upper Upper Upper
ASII.JK 7,325 7,275 7,125 7,300 7,200 Neutral Bullish Neutral Middle Bands Under Under Upper
ASRI.JK 480 450 437 464 454 Neutral Bullish Neutral Middle Bands Under Under Under
BBCA.JK 11,150 10,950 10,825 11,150 11,050 Neutral Bearish Neutral Middle Bands Under Under Upper
BBNI.JK 4,930 4,780 4,785 4,930 4,805 Neutral Bearish Neutral Middle Bands Under Under Upper
BBRI.JK 10,250 10,000 10,025 10,250 10,050 Oversold Bullish Neutral Middle Bands Under Under Upper
BBTN.jk 1,075 1,030 1,005 1,075 1,035 Neutral Bearish Neutral Middle Bands Under Under Under
BDMN.JK 4,325 4,220 4,130 4,325 4,210 Neutral Bullish Neutral Middle Bands Under Under Upper
BHIT.JK 337 314 320 328 317 Oversold Bearish Neutral Middle Bands Under Under Under
BKSL.JK 117 89 115 114 94 Oversold Bearish Oversold Middle Bands Under Under Under
BMRI.JK 10,450 9,775 9,750 9,925 9,825 Neutral Bearish Neutral Middle Bands Under Under Upper
BMTR.JK 2,200 2,095 2,050 2,170 2,095 Oversold Bullish Neutral Middle Bands Under Under Upper
BORN.JK 117 96 109 113 94 Oversold Bullish Neutral Middle Bands Under Under Under
BSDE.JK 1,610 1,500 1,550 1,585 1,535 Neutral Bearish Neutral Lower Bands Under Under Upper
BTPN.JK 4,260 4,235 4,215 4,250 4,220 Neutral Bullish Neutral Upper Bands Upper Upper Upper
BWPT.JK 1,315 1,275 1,245 1,280 1,265 Neutral Bullish Neutral Middle Bands Under Under Upper
CMNP.JK 3,600 3,360 3,500 3,575 3,450 Neutral Bearish Neutral Middle Bands Under Under Upper
CPIN.JK 3,915 3,845 3,800 3,915 3,890 Neutral Bearish Neutral Middle Bands Under Under Upper
CTRA.JK 1,115 985 1,060 1,011 995 Neutral Bullish Neutral Middle Bands Under Under Upper
CTRP.JK 750 700 685 725 700 Oversold Bullish Neutral Middle Bands Under Under Under
CTRS.JK 2,450 2,145 2,350 2,350 2,160 Oversold Bearish Oversold Middle Bands Under Under Upper
DILD.JK 498 451 491 469 454 Oversold Bearish Oversold Middle Bands Under Under Upper
EXCL.JK 5,450 5,000 4,950 5,200 5,025 Neutral Bearish Neutral Middle Bands Under Under Upper
GGRM.JK 55,000 53,500 52,600 53,800 52,775 Oversold Bullish Neutral Middle Bands Under Under Upper
GIAA.JK 464 417 413 420 418 Oversold Bullish Oversold Middle Bands Under Under Under
GJTL.JK 1,955 1,775 1,885 1,930 1,790 Oversold Bearish Neutral Middle Bands Under Under Under
HEXA.JK 3,895 3,700 3,765 3,800 3,720 Oversold Bullish Neutral Lower Bands Under Under Upper
HRUM.JK 2,465 2,275 2,380 2,395 2,325 Oversold Bearish Neutral Lower Bands Under Under Under
ICBP.JK 10,125 10,000 9,950 10,125 10,050 Neutral Bearish Neutral Middle Bands Under Under Under
IMAS.JK 4,845 4,670 4,655 4,705 4,685 Neutral Bullish Neutral Lower Bands Under Under Under
INCO.JK 3,750 3,560 3,820 3,750 3,565 Oversold Bearish Neutral Middle Bands Under Under Upper
INDF.JK 6,925 6,825 6,775 6,850 6,825 Neutral Bullish Neutral Middle Bands Under Under Under
INDY.JK 750 625 690 690 635 Oversold Bearish Neutral Middle Bands Under Under Under
INTA.JK 315 306 305 315 306 Neutral Bearish Neutral Middle Bands Under Under Upper
INTP.JK 25,025 22,900 22,625 24,950 23,100 Neutral Bearish Neutral Middle Bands Under Under Upper
ITMG.JK 28,275 27,300 27,150 28,275 27,200 Oversold Bullish Neutral Middle Bands Under Upper Under
JPFA.JK 1,335 1,175 1,135 1,210 1,170 Neutral Bullish Neutral Middle Bands Under Under Under
JSMR.JK 6,050 5,975 5,900 6,000 5,975 Neutral Bullish Neutral Middle Bands Under Upper Upper
KIJA.JK 255 226 219 237 226 Neutral Bullish Neutral Middle Bands Under Under Under
KLBF.JK 1,645 1,660 1,600 1,665 1,635 Neutral Bullish Neutral Middle Bands Upper Upper Upper
KRAS.JK 475 445 467 464 445 Oversold Bullish Oversold Middle Bands Under Under Under
LPKR.JK 1,060 965 1,020 1,060 1,010 Oversold Bearish Oversold Lower Bands Under Under Under
LSIP.JK 2,325 2,300 2,175 2,325 2,280 Neutral Bullish Neutral Middle Bands Upper Under Upper
MAPI.JK 5,475 4,860 5,050 5,350 4,905 Oversold Bearish Oversold Middle Bands Under Under Under
MASA.JK 313 315 306 324 314 Neutral Bearish Neutral Middle Bands Upper Upper Under
MNCN.JK 2,880 2,625 2,740 2,880 2,665 Oversold Bearish Neutral Lower Bands Under Under Under
MTLA.JK 444 411 398 444 410 Neutral Bullish Neutral Lower Bands Under Under Under
MYOR.JK 29,500 29,325 29,100 29,475 29,225 Overbought Bearish Neutral Middle Bands Upper Upper Upper
PGAS.JK 5,550 5,400 5,275 5,525 5,450 Neutral Bearish Neutral Middle Bands Under Under Upper
PTBA.JK 11,550 10,425 10,425 10,925 10,800 Neutral Bearish Neutral Middle Bands Under Upper Under
RALS.JK 1,275 1,170 1,205 1,240 1,175 Oversold Bearish Neutral Middle Bands Under Under Under
ROTI.JK 1,320 1,400 1,280 1,455 1,295 Overbought Bullish Overbought Middle Bands Upper Upper Upper
SGRO.JK 2,340 2,300 2,235 2,340 2,300 Neutral Bullish Neutral Middle Bands Upper Upper Upper
SIMP.JK 1,065 1,025 1,000 1,030 1,020 Neutral Bullish Neutral Middle Bands Upper Upper Upper
SMCB.JK 2,840 2,595 2,520 2,595 2,550 Neutral Bullish Neutral Middle Bands Under Under Upper
SMGR.JK 15,425 15,000 14,925 15,475 15,075 Oversold Bearish Neutral Middle Bands Under Under Upper
SMRA.JK 1,240 1,150 1,150 1,215 1,160 Oversold Bullish Neutral Middle Bands Under Under Upper
SSIA.JK 750 660 700 690 675 Oversold Bearish Neutral Middle Bands Under Under Under
TLKM.JK 2,545 2,465 2,405 2,480 2,420 Neutral Bullish Neutral Middle Bands Under Upper Upper
TOTL.JK 815 750 780 795 755 Neutral Bullish Neutral Middle Bands Under Under Upper
UNTR.JK 23,100 23,000 21,975 23,100 22,775 Neutral Bullish Neutral Middle Bands Upper Upper Upper
WIKA.JK 2,310 2,220 2,195 2,280 2,180 Oversold Bullish Neutral Middle Bands Under Under Upper
WSKT.JK 710 670 640 685 665 Oversold Bullish Neutral Middle Bands Under Under Upper
Ticker Stochastic Indicator Moving Average
Daily Price Action
RESEARCH DIVISION
Jasa Adhi Mulya jasa@reliance-securities.com Robertus Yanuar Hardy robertus@reliance-securities.com Lanjar Nafi Taulat I lanjar@reliance-securities.com Hansen Teguh hansen@reliance-securities.com Aji Setiawan aji@reliance-securities.com Alan Milgerry alan@reliance-securities.com Pieter Djatmiko pieter@reliance-securities.com
Disclaimer:
Informasi, opini dan rekomendasi yang terdapat dalam dokumen ini disajikan oleh PT Reliance Securities Tbk. dari sumber-sumber yang dianggap terpercaya dan dapat diandalkan. Dokumen ini bukan merupakan penawaran, invitasi atau representasi dalam bentuk apapun untuk pengambilan keputusan membeli maupun menjual saham. Keputusan investasi yang diambil berdasarkan dokumen ini bukan merupakan tanggung jawab PT Reliance Securities Tbk. PT Reliance Securities Tbk. berhak untuk
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