KSI Technical Recommendation 07 September 2026
September 07, 2026
Jakarta Composite Index
JCI closed down 0.47% at the 6,636.48 level on Friday (09/04), after moving in a range of 6,633.92 – 6,704.13. Foreign investors recorded a net sell of Rp317.01 billion in the Regular Market. Technically, it reversed into weakness, which could signal a short-term reversal. The RSI (14) fell back to the 64 level, indicating bullish momentum is weakening again. JCI is expected to be vulnerable to further correction toward the nearest support at 6,595 / 6,551 / 6,525. Meanwhile, should it manage to rebound, JCI could potentially return to resistance at 6,681 / 6,704 and continue to close the gap area at 6,723. KIWOOM RESEARCH still advises a strategy worth considering is to hold or selectively buy on weakness 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 buy on weakness.
Stockpick: ADRO, ANTM, INDY, PTRO.