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1
Today’s Market:
IHSG diperkirakan bergerak mixed dengan kecenderungan
melemah. Bursa AS ditutup melemah pada perdagangan
Kamis (20/02). Harga batubara stabil di level USD 68,60
per Mt. Crude oil stabil di level USD 53,63 per barrel. Ru-
piah melemah terhadap Dollar AS di level Rp 13.750. 10Yr
Government Bonds Yield stabil di level 6,52%.
Dari dalam negeri, Rapat Dewan Gubernur (RDG) Bank
Indonesia memutuskan menurunkan BI 7DRRR sebesar
25bps menjadi 4,75% dari sebelumnya 5%. Suku bun-
ga deposit facility dan lending facility masing-masing juga
turun sebesar 25bps ke level 4% dan 5,5%.
Sehubungan dengan industri, Kementerian Komunikasi
dan Informatika (Kemkominfo) memastikan program pem-
blokiran ponsel ilegal melalui control IMEI berlangsung
mulai 18 April 2020. Kemkominfo mengklaim uji coba pro-
gram ini sukses terlaksana pada 17-18 Februari lalu.
Sehubungan dengan emiten, Bank Central Asia (BBCA)
mencatatkan pendapatan bunga bersih 2019 IDR50.8tn
(+12.1% YoY) dan laba bersih IDR28.6tn (+10.5% YoY).
Hasil tersebut sejalan dengan estimasi.
Sehubungan dengan emiten, Vale Indonesia (INCO) men-
catatkan pendapatan sepanjang 2019 sebesar USD 782
juta (+0,6% YoY) dan laba bersih USD 57,4 juta (-5,1%
YoY). Hasil tersebut tercatat sedikit di atas konsensus.
Secara teknikal indeks hari Jumat (21/02), IHSG diprediksi
bergerak di kisaran 5877-5966.
Source: Bloomberg, Sinarmas Investment Research See pg. 6-8 for Technical Corner
www.sinarmassekuritas.co.id See important disclaimer at the end of this report
Friday, February 21, 2020
ID X Stat ist ics C lo sing
JCI 5,942.49
Transaction Value Regular M arket (IDR tn) 5.191
Transaction Volume Regular M arket (mn shares) 3,559
Foreign Net Buy (Sell) (IDR bn) (168)
Foreign Net Buy (Sell) (0.01)
Total M arket Capitalization (IDR tn) 6,898.46
LQ45 968.54 0.43 (4.53)
EIDO 24.00 (1.60) (6.47)
IDX 21.17 (0.96) (6.41)
DOW JONES 29,219.98 (0.44) 2.39
S&P 500 3,373.23 (0.38) 4.41
NASDAQ 9,750.97 (0.67) 8.67
FTSE 7,436.64 (0.27) (1.40)
NIKKEI 23,479.15 0.34 (0.75)
HANG SENG 27,609.16 (0.17) (2.06)
STRAITS TIM ES 3,198.68 (0.47) (0.75)
KLSE 1,534.98 0.05 (3.39)
USD/IDR 13,750.00 0.00 (0.84)
EUR/IDR 14,836.60 0.21 (4.94)
JPY/IDR 123.04 (0.16) (4.06)
SGD/IDR 9,821.08 0.01 (5.01)
AUD/IDR 9,101.74 (0.44) (6.84)
GBP/IDR 17,712.55 0.06 (2.87)
Crude Oil (USD/barrel) 53.63 7:51:03 AM (12.17)
Coal (USD/mn tons) 68.60 2/20/2020 1.33
Natural Gas (USD/mmBtu) 1.89 7:51:03 AM (13.84)
Gold (USD/ounce) 1,621.05 8:01:04 AM 6.86
Nickel (USD/mn tons) 12,670.00 2/20/2020 (9.66)
Tins (USD/mn tons) 16,575.00 2/20/2020 (3.49)
CPO (M YR/mn tons) 2,669.00 2/20/2020 (12.23)
Rubber (JPY/kg) 161.00 2:37:31 PM (9.19)
Wheat (USD/bushel) 560.00 2/20/2020 0.22
Corn (USD/bushel) 378.50 2/20/2020 (2.39)
C o mmo dit ies
Other Indices C lo sing 1-D ay C hg (%)YT D
C hg (%)
C urrency Spo t R ate R ate ( ID R ) 1-D ay C hg (%)YT D
C hg (%)
P riceLast
T ransact io n
YT D
C hg (%)
IHSG naik sebanyak 13.7 poin (0.23%) ke level 5942.49.
Sementara LQ45 naik sebanyak 4.1 poin (0.43%) ke level
968.54. Foreign net sell sebesar Rp 168.42 miliar.
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
3,000
3,500
4,000
4,500
5,000
5,500
6,000
6,500
7,000
Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20
Millio
ns
Volume JCI Index
2
Daily Corporate and Industry News
Kementerian Energi dan Sumber Daya Mineral (ESDM) menargetkan investasi Energi Baru Terbarukan dan Konserva-si Energi (EBTKE) sekitar US$ 20 miliar hingga 2024. Source: Investor Daily Kementerian Komunikasi dan Informatika (Kemkominfo) memastikan program pemblokiran ponsel ilegal melalui IMEI berlangsung mulai 18 April 2020. Kemkominfo mengklaim uji coba program ini sukses terlaksana pada 17-18 Februari lalu. Source: Kontan Mengantisipasi perlambatan ekonomi sebagai dampak wabah Virus Korona, Rapat Dewan Gubernur (RDG) Bank In-donesia memutuskan pemangkasan BI 7-Day Reverse Repo Rate (BI-7DRRR) sebesar 25 basis poin (bps) menjadi 4,75% dari sebelumnya 5%. Source: Investor Daily Bank Negara Indonesia (BBNI) memutuskan besaran dividen sebesar 25% dari laba bersih perusahaan, senilai Rp3,85 triliun atau sebesar Rp 206,24 per lembar saham. rapat menyetujui pengangkatan Herry Sidharta sebagai Direktur Utama, Anggoro Eko Cahyo sebagai Wakil Direktur Utama. Source: Bisnis Indonesia PTPP (PTPP) menargetkan pendapatan Rp26 triliun dan laba Rp1,4 triliun pada 2020, dan kontrak baru IDR40tn.. Source: Bisnis Indonesia Bank Central Asia (BBCA) mencatatkan pendapatan bunga bersih 2019 IDR50.8tn (+12.1% YoY) dan laba bersih IDR28.6tn (+10.5% YoY). Source: Bisnis Indonesia Vale Indonesia (INCO) mencatatkan pendapatan sepanjang 2019 sebesar USD 782 juta (+0,6% YoY) dan laba bersih USD 57,4 juta (-5,1% YoY). Source: IQPlus Industri Jamu dan Farmasi Sido Muncul (SIDO) mencatatkan laba tahun berjalan sebesar Rp 807,68 miliar hingga akhir 2019, meningkat 21,64% dibanding periode sama tahun 2018 sebesar Rp 663,84 miliar. Source: Investor Daily Waskita Karya (WSKT) menargetkan penerimaan dana masuk ke kas internal sekitar Rp 14,5 triliun tahun ini. Source: Investor Daily Wijaya Karya Beton (WTON) berencana meningkatkan kapasitas precast menjadi 4 juta ton. WTON menganggarkan capex sebesar Rp 948 miliar. Source: Kontan Duta Intidaya (DAYA) peritel Watson menargetkan membuka 38 sampai 40 gerai di berbagai wilayah di Indonesia. Belanja modal dianggarkan mencapai Rp 40 miliar. Source: Kontan Apexindo Pratama Duta (APEX) berencana melakukan obligasi wajib konversi (OWK) yang akan dikonversi menjadi saham baru melalui penambahan modal tanpa memberikan hak memesan efek terlebih dahulu (private placement) pada awal Maret 2020. SourcE: Investor Daily
www.sinarmassekuritas.co.id See important disclaimer at the end of this report
3
World Equity Indices
Source: Bloomberg, Sinarmas Investment Research
www.sinarmassekuritas.co.id See important disclaimer at the end of this report
WOR LD EQUIT Y IN D IC ES
N O T IC KER
1 INDU Index 29,568.57 24,680.57 681.54 2.39 20.75 18.49 4.24 4.18 8,557.99 8,557.99
2 SPX Index 3,393.52 2,722.27 142.45 4.41 22.29 19.40 3.74 3.48 29,177.90 29,177.90
3 CCM P Index 9,838.37 7,292.21 778.36 8.67 37.36 26.42 5.12 3.89 15,191.10 15,191.10
4 SPTSX Index 17,970.51 15,891.94 880.63 5.16 18.11 16.14 1.94 1.75 2,729.57 2,062.23
5 M EXBOL Index 45,955.41 38,265.51 1,233.52 2.83 17.50 14.69 2.15 1.90 5,538.29 #VALUE!
6 SX5E Index 3,867.28 3,239.20 77.83 2.08 20.69 14.83 1.79 1.69 3,354.60 3,620.62
7 UKX Index 7,727.49 7,004.43 (105.80) (1.40) 20.04 13.50 1.81 1.69 1,986.86 2,558.68
8 CAC Index 6,111.41 5,152.30 84.24 1.41 22.51 15.12 1.74 1.64 1,858.83 2,006.23
9 DAX Index 13,795.24 11,266.48 414.99 3.13 25.72 14.80 1.68 1.59 1,265.08 1,365.40
10 IBEX Index 10,100.20 8,409.20 381.80 4.00 21.01 13.04 1.41 1.31 624.50 674.02
11 FTSEM IB Index 25,483.05 19,535.50 1,573.79 6.70 16.58 12.45 1.26 1.20 561.12 605.61
12 AEX Index 632.12 528.68 17.54 2.90 21.06 17.19 2.02 1.96 833.79 899.91
13 SM I Index 11,270.00 9,228.86 537.59 5.06 23.55 17.47 2.83 2.64 1,335.24 1,357.64
14 AS51 Index 7,197.20 6,083.60 463.63 6.94 21.20 19.02 2.29 2.20 2,154.31 1,425.72
15 AS30 Index 7,289.70 6,162.70 436.50 6.42 21.71 18.86 2.22 2.18 2,338.84 1,547.84
16 SHSZ300 Index 4,223.51 3,417.98 48.08 1.17 14.80 12.05 1.89 1.64 33,130.80 4,717.47
17 SHASHR Index 3,444.44 2,814.01 (20.62) (0.65) 14.59 11.09 1.48 1.28 34,945.65 4,975.89
18 SZASHR Index 1,974.42 1,502.73 171.09 9.49 39.59 18.55 2.77 2.71 26,070.48 3,712.16
19 HSI Index 30,280.12 24,899.93 (580.59) (2.06) 11.37 10.62 1.22 1.12 18,184.85 2,336.48
20 HSCEI Index 11,881.68 9,731.89 (254.09) (2.28) 8.80 8.34 1.17 1.04 13,360.21 1,716.59
21 SENSEX Index 42,273.87 35,707.29 (83.62) (0.20) 25.19 22.19 3.22 3.12 76,553.81 1,063.96
22 NIFTY Index 12,430.50 10,637.15 (87.60) (0.72) 23.63 21.35 2.94 2.84 89,948.83 1,250.13
23 JCI Index 6,636.33 5,767.40 (357.05) (5.67) 18.39 14.16 1.96 1.98 6,898,463.47 497.76
24 LQ45 Index 1,059.65 888.02 (45.93) (4.53) 16.13 14.22 2.32 2.14 4,473,161.78 322.76
25 KSE100 Index 43,468.22 28,670.98 (253.43) (0.62) 9.37 6.70 1.24 1.08 6,469.01 41.93
26 NKY Index 24,115.95 20,110.76 (121.59) (0.51) 20.76 18.37 1.75 1.71 382,531.24 3,414.85
27 NEY Index 356.77 298.20 (3.80) (1.09) 14.41 13.85 1.13 1.10 449,754.39 4,014.95
28 TPX Index 1,747.20 1,462.41 (39.61) (2.30) 15.68 14.54 1.18 1.19 636,629.02 5,683.17
29 FBM KLCI Index 1,732.27 1,517.61 (53.78) (3.39) 17.62 15.39 1.54 1.43 988.11 236.18
30 NZSE Index 2,019.39 1,603.06 85.66 4.45 27.22 28.06 2.41 2.44 165.61 104.93
31 PCOM P Index 8,419.59 7,129.19 (402.26) (5.15) 16.20 14.68 1.88 1.67 9,216.74 181.40
32 FSSTI Index 3,415.18 3,040.16 (24.15) (0.75) 11.94 12.94 1.08 1.06 563.57 402.23
33 KOSPI Index 2,277.23 1,891.81 (20.43) (0.93) 19.39 12.06 0.85 0.89 1,420,516.49 1,175.55
34 TWSE Index 12,197.64 10,180.04 (272.05) (2.27) 18.61 15.76 1.75 1.82 35,417.75 1,170.41
35 SET Index 1,748.15 1,484.51 (88.60) (5.61) 17.27 15.38 1.59 1.57 15,753.21 500.26
36 SET50 Index 1,164.72 994.55 (68.51) (6.41) 17.16 16.04 1.87 1.69 11,015.96 349.82
37 VNINDEX Index 1,028.97 891.85 (22.86) (2.38) 14.59 13.31 2.17 2.18 3,211,550.12 138.22
T railing
12M2020E
D o main
C urrencyUSDLOW P OIN T %
T railing
12M2020E
A sia/ P acif ic
A merica
52-WEEK C H A N GE YT D P ER (x) P B V (x) M A R KET C A P (B n)
Euro pe
H IGH
4
LQ45
Source: Bloomberg, Sinarmas Investment Research
www.sinarmassekuritas.co.id See important disclaimer at the end of this report
LQ45 Index
HIGH LOW POINT %Trailing
12M2020E
Trailing
12M2020E
1 ADRO IJ 1,330 1,715 1,010 (225) (14.47) 6.09 6.94 0.81 0.80 42,541,329
2 AKRA IJ 3,120 5,875 3,080 (830) (21.01) 17.33 15.12 1.53 1.43 12,525,848
3 ANTM IJ 715 1,175 660 (125) (14.88) 21.36 18.31 0.86 0.85 17,181,997
4 ASII IJ 5,975 8,025 5,925 (950) (13.72) 11.81 11.33 1.69 1.65 241,889,230
5 BBCA IJ 34,000 35,300 25,700 575 1.72 29.65 29.18 4.99 4.84 838,270,340
6 BBNI IJ 7,275 10,250 6,650 (575) (7.32) 8.81 7.79 1.11 1.07 135,668,976
7 BBRI IJ 4,530 4,760 3,660 130 2.95 16.12 14.14 2.69 2.51 558,756,519
8 BBTN IJ 1,780 2,750 1,745 (340) (16.04) 13.76 17.78 0.78 0.78 18,850,200
9 BMRI IJ 7,800 8,175 6,275 125 1.63 13.25 11.88 1.78 1.78 364,000,000
10 BRPT IJ 1,255 1,525 504 (255) (16.89) 635.34 45.87 6.85 1.43 111,715,712
11 BSDE IJ 1,115 1,580 1,095 (140) (11.16) 7.05 8.91 0.74 0.73 21,460,066
12 BTPS IJ 4,660 5,125 1,975 410 9.65 35.85 27.36 8.98 6.85 35,899,242
13 CPIN IJ 6,375 8,000 4,190 (125) (1.92) 28.73 30.35 5.22 4.91 104,537,250
14 CTRA IJ 905 1,335 855 (135) (12.98) 16.60 18.13 1.14 1.11 16,797,075
15 ERAA IJ 1,785 2,270 965 (10) (0.56) 16.02 19.19 1.21 1.12 5,694,150
16 EXCL IJ 2,860 3,730 1,995 (290) (9.21) - 27.43 1.60 1.54 30,567,567
17 GGRM IJ 55,200 100,975 49,175 2,200 4.15 11.45 10.73 2.24 2.14 106,209,658
18 HMSP IJ 1,990 4,030 1,900 (110) (5.24) 16.51 16.15 7.25 6.44 231,472,973
19 ICBP IJ 10,750 12,550 8,950 (400) (3.59) 25.17 24.91 5.23 5.12 125,365,511
20 INCO IJ 3,280 4,320 2,410 (360) (9.89) 413.40 47.95 1.26 1.22 32,591,191
21 INDF IJ 7,000 8,300 5,850 (925) (11.67) 12.60 13.13 1.69 1.69 61,462,986
22 INDY IJ 855 2,230 825 (340) (28.45) - 6.94 0.36 - 4,454,714
23 INKP IJ 6,325 12,650 5,325 (1,375) (17.86) 8.16 - 0.64 - 34,603,967
24 INTP IJ 16,300 22,875 16,000 (2,725) (14.32) 35.21 36.32 2.68 2.57 60,004,077
25 ITMG IJ 10,075 24,475 9,800 (1,400) (12.20) 4.94 6.19 0.88 0.93 11,383,994
26 JPFA IJ 1,445 2,970 1,280 (90) (5.86) 10.96 10.88 1.69 1.58 16,944,901
27 JSMR IJ 4,850 6,450 4,500 (325) (6.28) 18.20 17.11 1.94 1.86 35,200,675
28 KLBF IJ 1,410 1,690 1,260 (210) (12.96) 25.74 25.30 4.31 4.12 66,093,922
29 LPPF IJ 3,230 6,775 2,940 (980) (23.28) 11.62 6.22 5.06 4.10 9,059,773
30 MEDC IJ 700 1,040 620 (165) (19.08) - 5.12 0.74 0.28 12,544,318
31 MNCN IJ 1,520 1,780 725 (110) (6.75) 8.53 10.08 1.70 1.81 21,699,677
32 PGAS IJ 1,495 2,720 1,445 (675) (31.11) 12.27 10.93 1.02 0.97 36,241,055
33 PTBA IJ 2,280 4,280 2,110 (380) (14.29) 5.80 6.23 1.48 1.46 26,267,103
34 PTPP IJ 1,415 2,550 1,340 (170) (10.73) 7.50 7.12 0.68 0.64 8,772,855
35 PWON IJ 535 815 510 (35) (6.14) 8.85 9.78 1.79 1.70 25,765,387
36 SCMA IJ 1,395 1,870 1,080 (15) (1.06) 16.70 15.74 3.94 4.03 20,610,668
37 SMGR IJ 11,400 14,450 10,075 (600) (5.00) 29.59 33.07 2.17 2.12 67,619,328
38 SRIL IJ 214 372 208 (46) (17.69) 3.66 3.13 0.55 - 4,376,766
39 TKIM IJ 7,975 13,475 5,575 (2,300) (22.38) 12.07 - 1.32 - 24,827,958
40 TLKM IJ 3,820 4,500 3,431 (150) (3.78) 18.68 18.21 3.80 3.54 378,417,667
41 TPIA IJ 9,025 10,600 4,680 (1,350) (13.01) 300.98 109.95 6.64 6.60 160,947,520
42 UNTR IJ 17,700 28,900 17,600 (3,825) (17.77) 6.18 6.05 1.18 1.09 66,023,392
43 UNVR IJ 7,600 10,105 7,575 (800) (9.52) 39.23 37.16 54.89 45.28 289,940,000
44 WIKA IJ 1,965 2,500 1,635 (25) (1.26) 7.92 8.66 1.11 1.10 17,625,954
45 WSKT IJ 1,140 2,230 1,115 (345) (23.23) 11.16 6.11 0.85 0.75 15,474,304
MARKET CAP
(Mn)LQ45 Index
CHANGE YTD PER (x) PBV (x)
12-Feb-20
52-WEEK
5
Macro data
Source: Bloomberg, Sinarmas Investment Research
D escript io n 1-D ay (%) 5-D ays (%) 1-M o nth (%) YT D (%)
Property (0.58) 2.13 (4.07) (9.53)
Basic Industry (0.19) 4.18 (7.47) (9.73)
Trade (0.09) 0.68 (5.96) (8.53)
Finance 0.25 0.18 (1.42) (0.40)
M iscellaneous Industry 0.23 4.14 (10.09) (9.96)
Consumer 0.81 1.88 (6.47) (5.61)
Infrastructure (0.09) (1.08) (7.51) (10.55)
Agriculture (0.51) 0.16 (6.86) (15.17)
M ining 1.62 2.90 (3.53) (6.05)
Jan-20 D ec-19
0.38 3.61
2.68 2.72
0.39 0.34
131.70 129.18
F OR EX Spo t R ate 1-D ay (%) 1-M o nth (%) YT D (%)
USD/IDR 13,750.00 - (0.81) 0.84
USD/CNY 7.02 (0.36) (2.24) (0.86)
USD/EUR 0.93 (0.05) 2.72 3.91
USD/JPY 112.11 (0.01) (2.00) (3.12)
USD/SGD 1.40 0.06 (3.59) (3.88)
USD/AUD 1.51 (0.08) 3.41 6.00
USD/GBP 0.78 0.01 1.32 2.92
( in %)
5.68
0.89
1.46
5.69
6.52
7.04
Indonesia 5-Year Government Bonds Yield
Indonesia 10-Year Government Bonds Yield
Indonesia 15-Year Government Bonds Yield
Lending and D epo sit R ates
JIBOR (in IDR)
LIBOR (in GBP)
SIBOR ( in USD)
Inflation M oM (in %)
Foreign Reserves (in USD bn)
Secto rs
Eco no mic Indicato rs
Inflation YTD (in %)
Eco no mic P arameters
Inflation YoY (in %)
www.sinarmassekuritas.co.id See important disclaimer at the end of this report
Technical Corner
www.sinarmassekuritas.co.id See important disclaimer at the end of this report
JCI : MIXED MELEMAH
Last price : 5.942
Support : 5.910, 5.877
Resistance : 5.966, 5.997
JCI pada hari ini kami perkirakan akan bergerak MIXED MELEMAH dengan range 5.877 - 5.966. JCI break
Resistance 5.940 berpeluang mencoba Resistance 5.966. Namun, jika JCI gagal bertahan diatas 5.940 akan
kembali menguji Support 5.910 dan 5.877. Indikator Stoc osc dan MACD masih membentuk pola Reversal.
Jakarta Composite Index (JCI)
Summary of portfolio:
Stock Recommendation Comment
ASII HOLD ASII break Resistance 6.250, berpeluang melanjutkan penguatan denganmencoba Resistance 6.300 dan 6.400.
SMRA HOLD SMRA gagal bertahan pada Support 915, berpeluang menguji Support 895 dan875. Namun, jika SMRA bertahan diatas Support 915, berpeluang mencoba
Resistance 945 dan 960.
BMRI HOLD BMRI breakout Resistance 7.975, berpeluang melanjutkan penguatan denganmencoba Resistance 8.050 dan 8.125.
ADRO HOLD ADRO break Resistance 1.320, berpeluang melanjutkan penguatan denganmenguji Resitance 1.360 dan 1.385.
Created with AmiBroker - adv anced charting and technical analy sis sof tware. http://www.amibroker.com
Oct Nov Dec 2020 Feb
5,850
5,900
5,950
6,000
6,050
6,100
6,150
6,200
6,250
6,300
6,350
6,400
5997
5939
5910
5851
5966
5877
COMPOSITE - Daily 2/20/2020 Open 5928.79, Hi 5960.71, Lo 5929.15, Close 5942.49 (0.2%) MA(Close,50) = 6,146.98
5,942.49
6,146.98
Oct Nov Dec 2020 Feb
20
40
60
80
100COMPOSITE - Stochastic %D(15,3,3) = 18.35, Stochastic %K(15,3) = 28.62
18.3546 28.6159
-50
0
50COMPOSITE - MACD(12,26) = -74.72, Signal(12,26,9) = -78.05
-74.7187-78.0497
ASII : HOLD
Last price : 6.275Target price : 6.300 (4.1%)Stop loss : 5.925 (-2.1%)
ASII break Resistance 6.250, berpeluang melanjutkan penguatan dengan mencoba Resistance 6.300 dan 6.400.Namun, jika gagal bertahan diatas Resistance 6.250, akan kembali menguji Support 6.175 dan 6.100. ASII dilihat dariIndikator MACD mengindikasikan pola Reversal dan Stoc osc mengindikasikan pola Uptrend.
SMRA : HOLD
Last price : 905Target price : 985 (7.7%)Stop loss : 875 (-4.4%)
Entry point 915 (19/2) sudah tercapai, SMRA gagal bertahan pada Support 915, berpeluang menguji Support 895 dan875. Namun, jika SMRA bertahan diatas Support 915, berpeluang mencoba Resistance 945 dan 960. SMRA dilihat dariIndikator MACD dan Stoc osc mengindikasikan pola Uptrend.
Support : 6.175, 6.100Resistance : 6.300, 6.400
Support : 895, 875Resistance : 945, 960
Summarecon AgungTbk (SMRA)
Astra International Tbk ( ASII )
www.sinarmassekuritas.co.id See important disclaimer at the end of this report
Created with AmiBroker - adv anced charting and technical analy sis sof tware. http://www.amibroker.com
Sep Oct Nov Dec 2020 Feb 5,900
6,000
6,100
6,200
6,300
6,400
6,500
6,600
6,700
6,800
6,900
7,000
7,100
7,200
6175
6250
6300
6100
6000
5925
6400
ASII - Daily 2/20/2020 Open 6275, Hi 6275, Lo 6125, Close 6275 (0.4%) MA(Close,50) = 6,685.00
6,275
6,685
Sep Oct Nov Dec 2020 Feb 0
20
40
60
80
100ASII - Stochastic %D(15,3,3) = 25.80, Stochastic %K(15,3) = 34.24
25.8015 34.2428
-200-150-100
-500
50 100ASII - MACD(12,26) = -175.74, Signal(12,26,9) = -178.56
-175.741-178.558
Created with AmiBroker - adv anced charting and technical analy sis sof tware. http://www.amibroker.com
Sep Oct Nov Dec 2020 Feb 800
850
900
950
1,000
1,050
1,100
1,150
1,200
1,250
1,300
915
985
960945
895
875
850
SMRA - Daily 2/20/2020 Open 930, Hi 935, Lo 900, Close 905 (0.0%) MA(Close,50) = 956.20
905
956.2
Sep Oct Nov Dec 2020 Feb
20
40
60
80
SMRA - Stochastic %D(15,3,3) = 67.89, Stochastic %K(15,3) = 74.87
67.8865 74.8677
-40-30-20-10
0 10 20SMRA - MACD(12,26) = -18.08, Signal(12,26,9) = -27.00
-18.0798-27.0036
Bank Mandiri (Persero)Tbk (BMRI)
Adaro Energy Tbk (ADRO)
www.sinarmassekuritas.co.id See important disclaimer at the end of this report
BMRI : HOLD
Last price : 8.000Target price : 8.125 (4.2%)Stop loss : 7.600 (-2.6%)
BMRI breakout Resistance 7.975, berpeluang melanjutkan penguatan dengan mencoba Resistance 8.050 dan 8.125.Namun, jika BMRI gagal bertahan diatas 8.000, berpeluang menguji Support 7.900 dan 7.825. BMRI dilihat dariIndikator MACD mengindikasikan pola Uptrend dan Stoc osc mengindikasikan pola Overbought.
ADRO : HOLD
Last price : 1.350Target price : 1.385 (4.9%)Stop loss : 1.265 (-4.2%)
ADRO break Resistance 1.320, berpeluang melanjutkan penguatan dengan menguji Resitance 1.360 dan 1.385.Namun, jika ADRO gagal bertahan diatas 1.320, akan mencoba Support 1.290 dan 1.265. Indikator MACD mengindika-sikan pola Uptrend dan Stoc osc mengindikasikan pola Overbought.
Support : 7.900, 7.825Resistance : 8.050, 8.125
Support : 1.320, 1.290Resistance : 1.360, 1.385
Created with AmiBroker - adv anced charting and technical analy sis sof tware. http://www.amibroker.com
Oct Nov Dec 2020 Feb 6,800
7,000
7,200
7,400
7,600
7,800
8,000
8,200
8,400
8,600
7600
7900
7750
7675
7825
7975
8050
8125
BMRI - Daily 2/20/2020 Open 8025, Hi 8050, Lo 7925, Close 8000 (0.6%) MA(Close,50) = 7,663.50
8,000
7,663.5
Oct Nov Dec 2020 Feb
20
40
60
80
100BMRI - Stochastic %D(15,3,3) = 85.89, Stochastic %K(15,3) = 90.67
85.8915 90.6746
-200
-100
0
100
200BMRI - MACD(12,26) = 79.71, Signal(12,26,9) = 59.39
79.7074 59.3904
Created with AmiBroker - adv anced charting and technical analy sis sof tware. http://www.amibroker.com
Oct Nov Dec 2020 Feb
1,200
1,250
1,300
1,350
1,400
1,450
1,500
1,550
1,600
1,650
1,700
1,750
1,800
13601385
1420
1320
12901265
ADRO - Daily 2/20/2020 Open 1315, Hi 1360, Lo 1310, Close 1350 (3.4%) MA(Close,50) = 1,432.10
1,350
1,432.1
Oct Nov Dec 2020 Feb
20
40
60
80
100ADRO - Stochastic %D(15,3,3) = 79.17, Stochastic %K(15,3) = 82.41
79.1748 82.4074
-50
0
50
ADRO - MACD(12,26) = -22.80, Signal(12,26,9) = -33.24
-22.8026-33.2374
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20200221 Daily Research1.pdf (p.1-5)20200221 Technical Corner.pdf (p.6-8)Disclaimer.pdf (p.9)