JCI On Tuesday Moves Consolidation, These Five Stocks Are Worth Paying Attention To

Illustration. (Photo: Doc. Antara)

JAKARTA - The Composite Stock Price Index (JCI) is expected to move consolidation in today's trading, Tuesday, December 2, after closing up 0.47 percent yesterday to the level of 8,548.79.

Phintraco Sekuritas in his research assessed that the JCI strengthening space on Tuesday was still limited. JCI tends to move sideways because technical indicators are starting to show a weakening of momentum.

"However, as long as the index holds above the 8,500 pivot, the chance of a rebound intraday remains," explained Phintraco Sekuritas.

Technically, Phintraco Sekuritas noted that there was a positive histogram narrowing on MACD and Stochastic RSI which led to an oversold area. This condition shows the JCI is entering the consolidation phase.

"For Tuesday's trading, the JCI is estimated to move in the range of 8,500 to 8,600," he said.

There are three important levels that investors need to pay close attention to, namely resistance 8,600, pivot 8,550, and support 8,500. In terms of sentiment, investors will still digest domestic economic data released on Monday, ranging from PMI manufacturing, trade balance, to inflation.

Indonesian manufacturing PMI rose to 53.3 in November 2025, while the October trade balance surplus was recorded at US$2.4 billion. November inflation slowed to 0.17 percent on a monthly basis.

"This data combination gives a signal of economic stabilization, so it has the potential to support the JCI in early December," he explained.

From external, investors are also wary of sentiment from Asia after China's manufacturing PMI was again below the expansion level. European and US sentiment was observed to be negative because the Wall Street futures index weakened.

Several selected stocks that can be observed according to Phintraco Sekuritas today, namely INDY, MBMA, ANTM, HRUM, and UNVR.