Bareksa Analysts Recommend SMIL, UNVR, and MTEL for Short-Term Trading as IHSG Predicted to Strengthen

Bareksa’s analyst team has recommended PT Steel Pipe Industry of Indonesia Tbk (SMIL), PT Unilever Indonesia Tbk (UNVR), and PT Dayamitra Telekomunikasi Tbk (MTEL) as short-term quick trade stock picks for today, 1 July 2026. Technically, the Jakarta Composite Index (IHSG) is predicted to strengthen.

SMIL is recommended as a hold or quick trade in the Rp256–280 area. The stock’s last price rose 0.71% to Rp284 on 30 June 2026 trading. Technically, SMIL is above the MA20 at Rp265 and MA50 at Rp270, confirming an uptrend with the MA50 breakout surpassed. The RSI at 51.43 reflects recently strengthening buying momentum with ample upside room. The nearest support is at Rp280–270, while resistance is in the Rp298–308 range. As a steel pipe manufacturer for the construction, infrastructure, and oil and gas sectors, SMIL can be observed amid ongoing domestic infrastructure projects. The RSI of 51.43, which has just entered the positive momentum zone, provides wider upside potential compared to the other two recommended stocks. Strategy: Quick trade or buy on pullback to the Rp256–280 area. Investors are advised to prioritise entry in the Rp256–262 range for a more optimal risk/reward ratio. Profit-taking target: Rp298–308, stop-loss: Rp254.

UNVR is recommended as a hold or quick trade in the Rp1,680–1,785 area. The stock’s last price rose 1.98% to Rp1,805 on 30 June 2026 trading. Technically, UNVR is above the MA20 at Rp1,664 and MA50 at Rp1,704, confirming an uptrend with the MA50 breakout surpassed. The RSI at 59.06 reflects strengthening buying momentum with available upside room. The nearest support is at Rp1,785–1,704, while resistance is in the Rp1,895–1,950 range. As a leading daily consumer goods issuer in Indonesia with deeply penetrated brands, UNVR offers a defensive revenue profile. The government’s Rp26.34 trillion stimulus package for the second half of 2026, largely allocated for food assistance, has the potential to support household consumption in the segments served by the company. Strategy: Quick trade or buy on pullback to the Rp1,680–1,785 area. Investors are advised to prioritise entry in the Rp1,680–1,705 range for a more optimal risk/reward ratio. Profit-taking target: Rp1,895–1,950, stop-loss: Rp1,665.

MTEL is recommended as a hold or quick trade in the Rp490–535 area. The stock’s last price rose 8.43% to Rp540 on 30 June 2026 trading. Technically, MTEL is above the MA20 at Rp500 and MA50 at Rp504, confirming an uptrend with the MA50 breakout surpassed. The RSI at 58.87 reflects strengthening buying momentum with available upside room. The nearest support is at Rp534–504, while resistance is in the Rp570–585 range. As a telecommunications tower issuer and a subsidiary of PT Telkom Indonesia (Persero) Tbk with long-term lease contract-based revenue, MTEL has a defensive revenue profile. The 8.43% rise on 30 June 2026 reflects a significant strengthening of buying interest after previously being depressed near its 52-week low. Strategy: Quick trade or buy on pullback to the Rp490–535 area. Investors are advised to prioritise entry in the Rp490–500 range for a more optimal risk/reward ratio. Profit-taking target: Rp570–585, stop-loss: Rp484.

The IHSG closed down 178 points, or 3.05%, at 5,643 on Tuesday (30/6), with foreign investors recording a net sell of Rp1 trillion, continuing the outflow trend. The three most pressured sectors were Basic Materials (-5.54%), Energy (-3.51%), and Consumer Cyclicals (-2.79%). BBCA (-6.33%), BBRI (-3.87%), and ASII (-4.03%) were the main drags. The rupiah weakened 34 points to Rp17,882 per US dollar. Citing research from Ciptadana Sekuritas Asia (1/7/2026), the IHSG remains in a corrective phase below short- and medium-term moving averages with the main trend still bearish. However, selling pressure is easing near the key support zone, with the stochastic oscillator rebounding from oversold territory, opening the opportunity for a short-term technical rebound. For 1 July 2026, the IHSG is expected to move in the range of 5,520–5,736 with a likelihood of closing higher.