Taking everything into account, IDX scores 7 out of 10 in our technical rating. Although IDX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
IDX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 16.76. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.65, a Stop Loss order could be placed below this zone.
15.27
3 important support areas can be observed.
When analyzing the resistance we notice one important area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for IDX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IDX is up. |
| ChartMill Relative Strength | 63.59 | NEUTRAL | IDX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IDX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IDX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IDX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.97 | NEUTRAL | The RSI value for IDX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests IDX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 61.11 | NEUTRAL | The Stochastics value for IDX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.01 | LOW VOLATILITY | The low ATR as a percentage value for IDX suggests low volalility. |
| Average Directional Index/ADX (14) | 8.34 | NEGATIVE | The low ADX value for IDX suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 16.82 | 16.43 | 0.39 (2.32%) | 25.00% |
| An entry @16.82. This is a Buy Stop order right above the resistance zone. | An exit @16.43. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.39 points, which is 2.32%. | For a 0.58% total portfolio risk, you can invest 25.00% of your capital in this trade. |
NYSEARCA:IDX (11/21/2025, 8:04:00 PM)
16.69
+0.16 (+0.97%)
ChartMill assigns a technical rating of 7 / 10 to IDX.
The current trend direction for VANECK INDONESIA INDEX ETF (IDX) is Bullish.
VANECK INDONESIA INDEX ETF (IDX) has an RSI value of 56.9661. This indicates that the stock is currently neutral.
The MACD indicator for VANECK INDONESIA INDEX ETF (IDX) has a value of -0.0133094, indicating a bearish trend.
The buy/sell signal for VANECK INDONESIA INDEX ETF (IDX) is buy as both the short term and long term trends are positive.