Will the JCI Continue to Strengthen? Check Out These Stocks to Watch
JAKARTA, KOMPAS.com - The Jakarta Composite Index (JCI) is forecast to continue its strengthening trend in trading on Thursday (February 26, 2026), after the index rose slightly or 0.5 percent to the level of 8,322 in trading on Wednesday.
MNC Sekuritas technical analyst, Herditya Wicaksana, predicts that the JCI will strengthen in the 8,440-8,503 range.
However, market participants still need to watch out for the risk of further correction to the 8,149-8,217 range.
“In the best-case scenario, if the JCI can hold above 8,170, then the JCI still has the opportunity to continue its strengthening to form part of wave (c) of wave [x] to the 8,440-8,503 range. Be aware of the possibility of further correction to the 8,149-8,217 range,” said Herditya in his daily analysis.
What stocks can be watched in trading today on the Indonesia Stock Exchange?
Here are recommendations from securities firms.
MNC Sekuritas
Shares of PT Adaro Minerals Indonesia Tbk (ADMR) closed at IDR 2,150 and are recommended to buy on weakness. ADMR is said to be in part of wave [c] of wave B. This position indicates the potential for continued movement in the corrective phase which could open up opportunities for the next strengthening.
Shares of PT Aneka Tambang Tbk (ANTM) closed at a price of IDR 4,460 with a speculative buy recommendation. ANTM is considered to be at the end of wave c of wave (b), which means that these shares are approaching the completion of the correction pattern. If this structure is confirmed, the opportunity for a reversal or the start of a new upward phase may open in the near future.
Shares of PT Archi Indonesia Tbk (ARCI) which closed at IDR 1,885 are recommended to buy on weakness. ARCI is in part of wave [iii] of wave 5, so short-term corrections are considered an opportunity for accumulation.
Shares of PT Harum Energy Tbk (HRUM) closed at IDR 1,230 and are also recommended to buy on weakness. HRUM is said to be in part of wave (iv) of wave [c], which indicates a consolidation phase before the potential for continued movement according to the next wave structure.
Shares of PT Sentul City Tbk (BKSL) were last traded at IDR 143. These shares have a support area at 137 and resistance at 151, with the nearest target at IDR 150.
Shares of PT Asuransi Harta Aman Pratama Tbk (AHAP) are recorded at a price of IDR 166. These shares have support at 155 and resistance at 191, with a strengthening target at IDR 188.
Meanwhile, PT Adaro Andalan Indonesia Tbk (AADI) is traded at a level of IDR 9,225. These shares have support at 8,900 and resistance at 9,550, with a target price of IDR 9,500.
Disclaimer: This article is not intended to invite buying or selling shares. All recommendations come from securities analysts. Investment decisions are the responsibility of the investor. Make sure to do your own research before making a choice.
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