JAKARTA - The movement of the Composite Stock Price Index (JCI) in today's trading, Wednesday, September 22, has the opportunity to experience a technical rebound, after closing down 0.26 percent yesterday to the level of 6,060.

Analyst of PT Reliance Sekuritas Indonesia Tbk (RELI), Lanjar Nafi Taulat Ibrahimsyah, said that although technically the JCI has weakened, its movement still forms a bullish counter attack candlestick pattern.

"So, the JCI rate indicates the potential for a short-term rebound. The movement is seen as whipsaw at the lower bollinger bands," said Lanjar in his research.

According to him, the JCI has the potential to strengthen in a limited way with a support-resistance range of 6,046-6,117. Therefore, he said, the potential for a technical rebound in the JCI rate today could be utilized by investors by collecting shares of PT Adaro Energy Tbk (ADRO), PT Aneka Tambang Tbk (ANTM), PT Alam Sutera Realty Tbk (ASRI).

Then, PT Bank Negara Indonesia Tbk (BBNI), PT Bank Rakyat Indonesia Tbk (BBRI), PT Bumi Serpong Damai Tbk (BSDE), PT Ciputra Development Tbk (CTRA), PT Semen Indonesia Tbk (SMGR), PT Summarecon Agung Tbk ( SMRA), and PT United Tractors Tbk (UNTR).

Meanwhile, according to PT Indosurya Bersinar Sekuritas analyst William Suryawijaya, the JCI movement in today's trading will continue the short-term weakening trend. The support-resistance range of the JCI is at the level of 5,969-6,202.

"The movement pattern of the JCI is still heavily influenced by the economic slowdown that continues to cling to the real sector, so that the performance of issuers is allegedly not going to improve quickly," said William.

In addition, added William, the potential decline in the JCI will also be influenced by the lack of positive sentiment and the low value of capital inflows entering the domestic stock market, so that the index rate will be held back in the consolidation phase.

"JCI today has the potential to weaken," said William.


The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)