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TELKOM INDONESIA PERSERO-ADR (TLK) Stock Technical Analysis

NYSE:TLK - New York Stock Exchange, Inc. - US7156841063 - ADR - Currency: USD

17.11  +0.06 (+0.35%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to TLK. Recently some decent action could be observed, but in the medium term time frame this is still negative. TLK was also a bad performer in the overall market in the last year.

88% of all other stocks performed better in the past year than TLK.
TLK is part of the Diversified Telecommunication Services industry. There are 31 other stocks in this industry, of which 80% are performing better than TLK.
TLK is currently trading in the lower part 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.
In the last month TLK has a been trading in the 15.85 - 17.13 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Weekly and Daily overview Charts
TELKOM INDONESIA PERSERO-ADR / TLK Weekly stock chart
TELKOM INDONESIA PERSERO-ADR / TLK Daily stock chart
Setup Rating and Analysis

8

TLK has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 17.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.62, 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.
Support and Resistance Analysis

15.30

23.81

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 17.04 to 17.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 16.40 to 16.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 15.45 to 15.81. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • Resistance @20.30 from a horizontal line in the daily time frame.
  • Resistance @23.57 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.76
Mansfield-2.18
10 Day High17.13
10 Day Low15.85
20 Day High17.13
20 Day Low15.85
52 Week High26.85
52 Week Low15.35
Performance
1 Week5.31%
2 Weeks4.6%
1 Month5.77%
3 Month-7.74%
6 Month-11.11%
12 Month-33.06%
2 Year-34.47%
3 Year-42.65%
5 Year-38.16%
10 Year-22.68%
15 Year-13.89%
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)
Technical Indicators
MACD(12,26,9)0.1
RSI(14)57.12
LBB15.89
UBB17.2
TELKOM INDONESIA PERSERO-ADR / TLK Daily stock chart

TELKOM INDONESIA PERSERO-ADR

NYSE:TLK (1/27/2025, 11:52:25 AM)

17.11

+0.06 (+0.35%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg0.35%
1 Week5.31%
2 Weeks4.6%
1 Month5.77%
3 Month-7.74%
6 Month-11.11%
12 Month-33.06%
2 Year-34.47%
3 Year-42.65%
5 Year-38.16%
10 Year-22.68%
15 Year-13.89%
Volatility
ATR(14)0.43
ATR(20)%2.33%
ATR Inc-37.36%
Range Today0.17
ADR(20)0.32
ADR(20)%1.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.76
Mansfield-2.18
10 Day High17.13
10 Day Low15.85
20 Day High17.13
20 Day Low15.85
52 Week High26.85
52 Week Low15.35
CS1 End16.62
CR1 Start17.06
Volume & EV
DER(3)1.92%
DER(5)4.58%
Volume169.48K
Volume Incr-20.27%
Vol(5)466.76K
Vol(50)578.46K