KSI Technical Recommendation 19 August 2026
August 19, 2026
Jakarta Composite Index
JCI closed up 0.75% at the 6,449.83 level on Tuesday's trading (08/18), moving in a range of 6,448.26 – 6,490.65 throughout the session. Foreign investors booked a net sell of Rp689.26 billion in the Regular Market and a net sell of Rp355.17 billion across all markets. Technically, JCI still maintained its short-term bullish trend and stood above the EMA10 (6,347.02), EMA20 (6,283.65), and EMA50 (6,281.95). JCI's movement also remained above the dynamic support area and uptrend line, so strengthening momentum remained intact. The RSI (14) stood at 61.46, still above the 50 level and indicating fairly strong bullish momentum, though the index is starting to approach the resistance area. If JCI can break through the 6,490 – 6,500 area, the chance of strengthening could potentially continue toward 6,672 – 6,723 as the next resistance target. Conversely, should it fail to break through that resistance, JCI could potentially undergo a pullback toward 6,377, then 6,347 (EMA10), with stronger support at 6,283 – 6,282 (EMA20 – EMA50). As long as JCI holds above the 6,347 – 6,377 area, the technical bias remains bullish, so the strategy can focus on buy on weakness while watching for rebound confirmation in the support area, while a break below the EMA10 should be watched as an early indication of weakening momentum.
ADVISE: Accumulation buy or trading buy.
Stockpick: ADRO, BKSL, CBDK, PGEO.