KSI Technical Recommendation 12 October 2026
October 12, 2026
Jakarta Composite Index
JCI closed up 1.04% at 6,093.76 in Friday's (09/10) trading. Amid this gain, foreign investors recorded a net sell of Rp29.63 billion across all markets and Rp141.50 billion in the regular market. On a year-to-date (YTD) basis, accumulated foreign net sell reached Rp111.13 trillion. Technically, JCI managed a rebound and held above support at the FR 61.80% level (6,033), with RSI (14) beginning to rise to the 39.8 level. If JCI manages to strengthen, it has the potential to retest 6,134 (EMA10), followed by 6,179 and 6,214. Conversely, if it fails to hold above the 6,033 support, JCI is expected to be vulnerable to testing support at 5,979, and if it breaks down, could continue to the next support at 5,898 / 5,887. KIWOOM RESEARCH suggests investors could buy on weakness and wait for a strong buy signal to re-emerge.
ADVISE: Buy on weakness.
Stockpick: ANTM, BBCA, BUMI, MDKA.