TELKOM INDONESIA PERSERO-ADR (TLK) Technical Analysis
NYSE:TLK • US7156841063
Current stock price
TLK Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to TLK. TLK has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- TLK is one of the lesser performing stocks in the Diversified Telecommunication Services industry. 69% of 37 stocks in the same industry do better.
- In the last month TLK has a been trading in the 17.91 - 19.64 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- When compared to the yearly performance of all other stocks, TLK outperforms 41% of them, which is more or less in line with the market.
- TLK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TLK is lagging the market.
TLK Weekly and Daily overview Charts
TLK Setup Rating and Analysis
Although the technical rating is bad, TLK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 18.18, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TLK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
TLK Support and Resistance Analysis
17.60
We found 1 important support area.
- A support zone ranging from 17.78 to 18.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 18.57 to 19.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @20.92 from a horizontal line in the daily time frame.
TLK Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for TLK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TLK is down. |
| ChartMill Relative Strength | 41.49 | NEUTRAL | TLK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TLK is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TLK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of TLK is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.94 | NEUTRAL | The RSI value for TLK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests TLK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 30.09 | NEUTRAL | The Stochastics value for TLK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for TLK suggests some volalility. |
| Average Directional Index/ADX (14) | 17.82 | NEGATIVE | The low ADX value for TLK suggests a weak or negative trend. |
TLK Chart- and CandleStick Pattern Analysis
TLK Technicals: Chart, Performance Metrics, Trend & Indicators
18.41
-0.01 (-0.05%)
TELKOM INDONESIA PERSERO-ADR / TLK TA FAQ
What is the ChartMill technical rating of TELKOM INDONESIA PERSERO-ADR (TLK) stock?
ChartMill assigns a technical rating of 2 / 10 to TLK.
Can you provide the trend direction for TELKOM INDONESIA PERSERO-ADR?
The current trend direction for TELKOM INDONESIA PERSERO-ADR (TLK) is Bearish.
What is the RSI signal for TLK stock?
TELKOM INDONESIA PERSERO-ADR (TLK) has an RSI value of 41.9394. This indicates that the stock is currently neutral.
What is the MACD signal for TELKOM INDONESIA PERSERO-ADR (TLK) stock?
The MACD indicator for TELKOM INDONESIA PERSERO-ADR (TLK) has a value of 0.0685791, indicating a bearish trend.
Can you provide the short term momentum for TELKOM INDONESIA PERSERO-ADR?
The short term momentum for TELKOM INDONESIA PERSERO-ADR (TLK) is negative.