KSI Technical Recommendation 13 October 2026

October 13, 2026
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Jakarta Composite Index JCI closed down 2.59% at 5,936.15 in Monday's (12/10) trading. Amid the market weakness, foreign investors still recorded a net buy of Rp128.29 billion across all markets, consisting of Rp81.10 billion in the regular market and Rp47.18 billion in the cash and negotiated markets. Technically, JCI has broken through its support level, while RSI (14) fell again to the 33 level, indicating selling pressure remains strong. The index could potentially test support at 5,839, with further weakness opening the possibility of moving toward 5,805 – 5,774, which is a gap area. Conversely, if it manages to reverse higher, JCI has the chance to test the 5,973 – 5,995 level, before heading toward 6,098, which is the EMA10 area. KIWOOM RESEARCH advises investors to take a wait-and-see approach or selectively buy on weakness, while awaiting the re-emergence of a strong buy signal. ADVISE: Wait & see or selective buy on weakness. Stockpick: JPFA, MEDC, TAPG, TINS.