KSI Technical Recommendation 26 October 2026

October 26, 2026
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Jakarta Composite Index JCI closed 0.95% higher at 5,439.26 in Friday's trading (10/23/26), although foreign investors still recorded net sell of Rp1.62 trillion in the regular market and Rp1.29 trillion across all markets. In contrast, cash and negotiated transactions posted net buy of Rp330.57 billion. On a YTD basis, accumulated foreign net sell reached Rp122.20 trillion. Technically, JCI managed to close positive again. The RSI (14) rose again to 35.6, indicating the potential for the recovery to continue. If JCI is able to hold above the 5,424 level, there is potential to continue toward resistance at 5,520 (EMA10) and 5,607 – 5,631. However, if profit taking occurs and JCI is unable to hold above the 5,424 level, it could return to 5,328, and JCI could return to support 5,278 / 5,185. Investors are advised to remain cautious, apply a buy on weakness strategy selectively, and wait for further confirmation before accumulating more aggressively. ADVISE: Selective buy on weakness or accumulation buy. Stockpick: ADMR, BULL, ENRG, TINS.