Key insights and market outlook
The Composite Stock Price Index (IHSG) rose 1.25% to 8,644.25 on December 29, 2025. Technical analysis highlights BBTN moving towards wave (b) with positive stochastics and RSI signals, projecting a target price of Rp1,215. The analysis provides trading recommendations for BBTN, TOBA, and ENRG stocks for December 30, 2025.
The Composite Stock Price Index (IHSG) closed higher by 1.25% or 106.34 points to reach 8,644.25 on December 29, 2025. This positive movement sets a promising tone for the trading session on December 30, 2025.
PT Bank Tabungan Negara (Persero) Tbk (BBTN) closed 0.86% lower at Rp1,150 on December 29, 2025. Despite the daily correction, technical indicators suggest that BBTN is moving towards wave (b) as both the stochastics K_D and RSI show positive signals. The stock is projected to reach a target price of Rp1,215.
The technical analysis provides valuable insights for traders considering positions in BBTN, TOBA, and ENRG on December 30, 2025. The positive technical signals in BBTN indicate potential upside, making it a stock to watch in the next trading session.
IHSG Increase
BBTN Technical Analysis