TELKOM INDONESIA PERSERO-ADR (TLK) Stock Technical Analysis
USA - NYSE:TLK - US7156841063 - ADR
Taking everything into account, TLK scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, TLK has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although TLK has an excellent technical rating, it does not offer a high quality setup 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
17.78
We found 3 important support areas.
- Support @20.39 from a horizontal line in the daily time frame.
- A support zone ranging from 18.83 to 19.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.96 to 18.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 20.50 to 20.58. 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 | 73.09 | POSITIVE | TLK has a high relative strength, it outperformed 73.09% 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) | UP | POSITIVE | The current price of TLK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.16 | NEUTRAL | The RSI value for TLK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests TLK has a positive trend. |
| Stochastics (14,3) | 92.76 | OVERBOUGHT | The high Stochastics value suggests TLK may be overbought. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for TLK suggests some volalility. |
| Average Directional Index/ADX (14) | 20.61 | NEUTRAL | The ADX value for TLK suggests a possible start of a new trend. |
20.49
+0.39 (+1.94%)
TELKOM INDONESIA PERSERO-ADR / TLK FAQ
What is the ChartMill technical rating of TELKOM INDONESIA PERSERO-ADR (TLK) stock?
ChartMill assigns a technical rating of 9 / 10 to TLK.
What is the trend direction for TLK stock?
The current trend direction for TELKOM INDONESIA PERSERO-ADR (TLK) is Bullish.
Can you provide the RSI signal for TELKOM INDONESIA PERSERO-ADR?
TELKOM INDONESIA PERSERO-ADR (TLK) has an RSI value of 65.1632. 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 0.258102, indicating a bearish trend.
What is the support and resistance level for TLK stock?
TELKOM INDONESIA PERSERO-ADR (TLK) has a support level at 20.39 and a resistance level at 20.5. Check the full technical report for our detailed analysis of TLK support and resistance levels.