KSI Technical Recommendation 14 October 2026
October 14, 2026
Jakarta Composite Index
JCI closed down slightly 0.17% at 5,925.98 in Tuesday's (13/10) trading. Amid this weakness, foreign investors booked a net buy of Rp561.60 billion across all markets, consisting of Rp5.89 billion in the regular market and Rp555.71 billion in the cash and negotiated markets. However, on a YTD basis, accumulated foreign net sell still reached Rp111.18 trillion. Technically, JCI managed a rebound after touching harmonic support at the FR 61.80% level, although it closed negative. The RSI (14) indicator fell back to the 32.86 level. If JCI manages to strengthen, it would ideally retest 5,979 / 5,995 / 6,120. Conversely, under a downside scenario, JCI could weaken again and test support at 5,839, and if it breaks down, continue to the next support at 5,805 – 5,774 (gap area). KIWOOM RESEARCH suggests investors could buy on weakness and consider a trading buy if the market resumes an upward bias.
ADVISE: Buy on weakness or trading buy.
Stockpick: BBRI, HRUM, INDY, SMRA.