KSI Technical Recommendation 14 July 2026

July 14, 2026
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Jakarta Composite Index JCI closed higher by 1.92% to the level of 6,037.84 after moving in the range of 5,898.15 – 6,037.84. Technically, JCI successfully broke above its immediate resistance as well as moving back above the EMA10 and EMA20, indicating that selling pressure is beginning to ease and opening up opportunities for the continuation of a short-term uptrend. As long as it is able to hold above the breakout area, JCI has the potential to continue its strengthening toward the range of 6,121 – 6,171. If it is able to break above that area, the strengthening has the potential to continue toward the dynamic resistance of the EMA50 around 6,285. Meanwhile, the immediate support sits at 5,987 and 5,949, with the next strong support at 5,898 if selling pressure rises again. The RSI (14) rose to 50.9 and successfully returned above the 50 level, indicating that bullish momentum is beginning to strengthen. KIWOOM RESEARCH advises investors to remain trend following by applying a trailing stop to lock in profits that have formed. Adding positions (averaging up) can be done gradually if JCI is able to maintain its momentum above the breakout area and continue its strengthening toward the 6,121 – 6,171 resistance. ADVISE: Set your trailing stop or average up. Stockpick: ANTM, BRMS, BUMI, ERAA.