IHSG Falls, Here's Technical Analysis for KLBF, SSIA, and INDY Stocks
Executive Summary
Key insights and market outlook
The Composite Stock Price Index (IHSG) closed 0.29% lower at 8,366.51 on November 11, 2025. Analysts from BCA Sekuritas provide technical analysis for stocks like KLBF (Kalbe Farma), suggesting a potential buy if it stays above Rp 1,245 - Rp 1,250 per share. The stock closed at Rp 1,285, showing a 1.18% gain.
Deep Dive Analysis
IHSG Correction: Technical Analysis for Key Stocks
Market Overview
The Composite Stock Price Index (IHSG) closed in the red for the second consecutive day, falling 0.29% or 24.72 points to 8,366.51 on November 11, 2025. This decline reflects ongoing market caution as investors assess various economic factors.
Technical Analysis: KLBF (Kalbe Farma)
Current Technical Indicators
- Recent candle pattern: Hammer candle formation
- RSI: Showing strength
- Stochastic: Potential Golden Cross (GC)
- MACD: Potential Death Cross (DC)
- Volume: Decreasing
Trading Recommendation
- Potential buy if stock remains above Rp 1,245 - Rp 1,250 per share
- Current price: Rp 1,285 (1.18% gain on November 11)
- Support level: Rp 1,220
- Resistance level: Rp 1,365
Analyst Insights
Achmad Yaki from BCA Sekuritas suggests monitoring KLBF's price movement closely. The hammer candle formation indicates potential reversal, while the conflicting signals from Stochastic and MACD suggest cautious trading.
Market Implications
The IHSG's continued decline reflects broader market sentiment. Investors should monitor technical indicators and stock-specific news for better trading decisions.
Source References
Story Info
Topics Covered
Key Events
IHSG Correction
Stock Technical Analysis