JAKARTA - The Composite Stock Price Index (JCI) is projected to move variedly in today's trading, Monday, December 23, after last weekend's slight gain of 0.09 percent to 6,983.86.
Phintraco Sekuritas in his research said that technically the negative slope widening in the MACD indicator is still ongoing and the Stochastic RSI indicator is heading to the oversold area.
"So we estimate the JCI has the potential to consolidate in the range of 6,950 to 7,050 levels on Monday's trading," wrote Phintraco Sekuritas.
From the United States (US), the market anticipates the release of CB Consumer Confidence data in December 2024 which is scheduled to be released on December 23, 2024 and is expected to rise to 113 levels from 111.7 levels in November 2024.
"This indicates that the level of consumer confidence in America in American economic conditions tends to be maintained," explained Phintraco Sekuritas.
Furthermore, the market also anticipates the release of Durable Goods Orders data in November 2024 on December 24, 2024, which is estimated to fall 0.4 percent MoM from 0.2 percent MoM in October 2024.
BACA JUGA:
From the region, the market anticipates the release of data from the November 2024 Unemployment Rate in Japan on December 27, 2024. At the same time, Japan will also release Retail Sales data in November 2024.
The stocks selected by Phintraco Sekuritas for today's trading are ESSA, GJTL, ADMR, BTPS, and EXCL.
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