TELKOM INDONESIA PERSERO-ADR (TLK) Stock Technical Analysis
NYSE:TLK - US7156841063 - ADR
19.24 USD
+0.19 (+1%)
19.24 USD
0 (0%)
Taking everything into account, TLK scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, TLK is only an average performer.
The long and short term trends are both positive. This is looking good!
TLK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TLK is lagging the market slightly.
In the last month TLK has a been trading in the 17.88 - 20.98 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When compared to the yearly performance of all other stocks, TLK outperforms 47% of them, which is more or less in line with the market.
TLK is an average performer in the Diversified Telecommunication Services industry, it outperforms 57% of 36 stocks in the same industry.
TLK has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
17.68
20.79
We found 2 important support areas.
- Support @18.92 from a horizontal line in the daily time frame.
- A support zone ranging from 17.86 to 18.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 19.49 to 20.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 TLK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TLK is up. |
| ChartMill Relative Strength | 47.45 | 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) | UP | POSITIVE | The current price of TLK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TLK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.15 | NEUTRAL | The RSI value for TLK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests TLK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.9 | OVERSOLD | The low Stochastics value suggests TLK may be oversold. |
| Average True Range in percent/ATR (20) | 2.28 | MEDIUM VOLATILITY | The ATR as a percentage value for TLK suggests some volalility. |
| Average Directional Index/ADX (14) | 34.76 | POSITIVE | The high ADX value value for TLK suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
19.24
+0.19 (+1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg1%
1 Week-1.48%
2 Weeks-2.88%
1 Month6.89%
3 Month10.89%
6 Month26.83%
12 Month-1.89%
2 Year-20.17%
3 Year-33.31%
5 Year10.77%
10 Year7.94%
15 Year-6.81%
Volatility
ATR(14)0.35
ATR(20)%2.28%
ATR Inc-47.74%
Range Today0.14
ADR(20)0.3
ADR(20)%1.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.45
Mansfield0.34
10 Day High20.38
10 Day Low18.91
20 Day High20.98
20 Day Low17.88
52 Week High21
52 Week Low13.15
CS1 End18.92
CR1 Start19.49
Volume & EV
DER(3)-0.81%
DER(5)0.68%
Volume310.20K
Volume Incr-49.31%
Vol(5)458.72K
Vol(50)674.22K