TELKOM INDONESIA PERSERO-ADR (TLK) Stock Technical Analysis
NYSE:TLK - New York Stock Exchange, Inc. - US7156841063 - ADR - Currency: USD
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!
In the last month TLK has a been trading in the 15.28 - 17.32 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that TLK is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
TLK is part of the Diversified Telecommunication Services industry. There are 33 other stocks in this industry, TLK did better than 62% of them.
TLK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TLK is lagging the market slightly.
Although TLK has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
15.40
17.39
When analyzing the support we notice one important area.
- Support @15.56 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.22 to 17.22. This zone is formed by a combination of multiple trend lines 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 | 72.86 | POSITIVE | TLK has a high relative strength, it outperformed 72.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TLK is above 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) | DOWN | MIXED | The current price of TLK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.27 | 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. |
| Stochastics (14,3) | 86.65 | OVERBOUGHT | The high Stochastics value suggests TLK may be overbought. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for TLK suggests some volalility. |
| Average Directional Index/ADX (14) | 23.31 | NEUTRAL | The ADX value for TLK suggests a possible start of a new 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)
17.21
+0.47 (+2.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg2.81%
1 Week0.58%
2 Weeks6.83%
1 Month12.34%
3 Month18.53%
6 Month0.76%
12 Month-4.23%
2 Year-36.8%
3 Year-41.38%
5 Year-19.39%
10 Year-20.43%
15 Year3.89%
Volatility
ATR(14)0.4
ATR(20)%2.25%
ATR Inc48.28%
Range Today0.16
ADR(20)0.23
ADR(20)%1.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.86
Mansfield-0.36
10 Day High17.33
10 Day Low15.71
20 Day High17.33
20 Day Low15.28
52 Week High21
52 Week Low13.15
CS1 End15.56
CR1 Start17.22
Volume & EV
DER(3)-0.15%
DER(5)1.72%
Volume610.90K
Volume Incr-0.15%
Vol(5)465.48K
Vol(50)703.85K