RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of TLK
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PT Telekomunikasi Indonesia Tbk stock upgraded to Sell Candidate.
(Updated on Mar 28, 2024)

Sell candidate since Mar 21, 2024 Loss -9.77% PDF

The PT Telekomunikasi Indonesia Tbk stock price fell by -0.0449% on the last day (Thursday, 28th Mar 2024) from $22.27 to $22.26. It has now fallen 6 days in a row. During the last trading day the stock fluctuated 1.00% from a day low at $22.04 to a day high of $22.26. The price has fallen in 7 of the last 10 days and is down by -11.81% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -64 thousand shares and in total, 345 thousand shares were bought and sold for approximately $7.68 million.

The stock has broken the falling short-term trend down. Firstly a stronger fallrate is indicated, but false breaks and "sell-off" may occur. However, a further fall is realistic and any reactions back to the breaking point ($24.05) are considered to be a "second chance" to get out. According to the fan-theory $21.99 will represent the new bottom line of the next trend, but it is far too early to say this for certain.

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TLK Signals & Forecast

There are few to no technical positive signals at the moment. The PT Telekomunikasi Indonesia Tbk stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $23.58 and $25.12. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Friday, March 15, 2024, and so far it has fallen -11.91%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for PT Telekomunikasi Indonesia Tbk stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.220 between high and low, or 1.00%. For the last week, the stock has had daily average volatility of 1.41%.

PT Telekomunikasi Indonesia Tbk is oversold on RSI14 (15). Some stocks may fall long and hard while being oversold on RSI, but stocks that are heavily oversold on RSI often pose good re-bounce chance and played well it can be a buy candidate.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (TLK) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect PT Telekomunikasi Indonesia Tbk to open at $22.19, and during the day (based on 14 day Average True Range), to move between $21.85 and $22.67, which gives a possible trading interval of +/-$0.410 (+/-1.84%) up or down from last closing price. If PT Telekomunikasi Indonesia Tbk takes out the full calculated possible swing range there will be an estimated 3.68% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $25.27, some $3.01 (13.52%) from the current price of $22.26, our system finds the risk reward not very attractive.

Is PT Telekomunikasi Indonesia Tbk stock A Buy?

PT Telekomunikasi Indonesia Tbk holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

Current score: -3.927 Sell Candidate Upgraded

Predicted Opening Price for PT Telekomunikasi Indonesia Tbk of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$22.19 ( 0.329%) $22.26

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for TLK

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 22.41 0.659 %
R2 22.32 0.281 %
R1 22.27 0.0481 %
Current price: 22.26
Support S1 22.10 -0.707 %
S2 22.05 -0.94 %
S3 21.97 -1.32 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 25.58 14.91 %
R2 25.55 14.78 %
R1 25.27 13.52 %
Current price 22.26
Support S1 0 .
S2 0 .
S3 0 .

TLK Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 05, 2023 Jun 14, 2023 Jul 17, 2023 $1.13 4.37%
2 Jun 03, 2022 Jun 10, 2022 Jul 11, 2022 $1.04 3.90%
3 Jun 07, 2021 Jun 11, 2021 Jul 11, 2022 $1.18 4.41%
4 Jun 30, 2020 Jul 09, 2020 Aug 03, 2020 $1.08 5.45%
5 May 30, 2019 Jun 11, 2019 Jul 09, 2019 $1.14 3.77%

FAQ

What is the symbol for PT Telekomunikasi Indonesia Tbk Stock and on which exchange is it traded?
The symbol for PT Telekomunikasi Indonesia Tbk is TLK and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell PT Telekomunikasi Indonesia Tbk Stock?
PT Telekomunikasi Indonesia Tbk holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

How to buy PT Telekomunikasi Indonesia Tbk Stock?
PT Telekomunikasi Indonesia Tbk Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy PT Telekomunikasi Indonesia Tbk Stock.

What's the current price of PT Telekomunikasi Indonesia Tbk Stock?
As of the end of day on the 2024-03-28, the price of an PT Telekomunikasi Indonesia Tbk (TLK) share was $22.26.

What is the 52-week high and low for PT Telekomunikasi Indonesia Tbk Stock?
The 52-week high for PT Telekomunikasi Indonesia Tbk Stock is $29.57 and the 52-week low is $21.67.

What is the market capitalization of PT Telekomunikasi Indonesia Tbk Stock?
As of the 2024-03-28, the market capitalization of PT Telekomunikasi Indonesia Tbk is 22.051B.

When is the next earnings date for PT Telekomunikasi Indonesia Tbk?
The upcoming earnings date for PT Telekomunikasi Indonesia Tbk is Apr 26, 2024.
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About PT Telekomunikasi Indonesia Tbk

PT Telekomunikasi Indonesia Tbk Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk provides telecommunications, informatics, and network services worldwide. The company's Mobile segment offers mobile voice, SMS, and mobile broadband services; and digital services, including financial services, video on demand, music, gaming, IoT, big data analytics, and digital advertising services. Its Consumer segment provides fixed voice and broadband services; and IPTV and relat... TLK Profile

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