KSI Technical Recommendation 04 September 2026
September 04, 2026
Jakarta Composite Index
JCI closed higher at the 6,667.89 level (+1.09%). Throughout Thursday's (09/03) trading, JCI moved in a range of 6,614.71 – 6,681.84. Foreign investors booked a net buy of Rp1.11 trillion in the Regular Market. Technically, JCI continued its uptrend. The RSI (14) continued rising to the 67 level, indicating bullish momentum remains strong. As long as JCI can hold above the EMA10 in the 6,538 area, the chance of strengthening remains open to test the gap area at the 6,723 level, with the next gap area around the 6,787 – 6,858 level. Conversely, should profit-taking occur, JCI could correct toward support at 6,614 / 6,595 / 6,538. KIWOOM RESEACRH still advises a strategy worth considering is to hold or selectively average up as long as JCI can hold above the support area, while investors need to increase caution should the index break through support.
ADVISE: Hold or selectively average up.
Stockpick: CDIA, KLBF, NCKL, PTRO.