Technical Analysis Recommends Buying BRIS on Weakness

IHSG Shows Positive Performance

The Indonesian Composite Index (IHSG) demonstrated positive performance on December 16, 2025, rising 0.43% to 8,686.47. This market movement provides context for individual stock analysis, particularly for PT Bank Syariah Indonesia Tbk (BRIS).

BRIS Technical Analysis

BRIS closed at Rp 2,240 on December 16, representing a 2.18% daily decline. Despite the daily drop, technical indicators suggest the stock is in a limited downside phase and shows potential for a rebound and breakout above the MA20 resistance line, which could signal a reversal from a bearish to a bullish trend.

Key Technical Indicators:

• Current Price: Rp 2,240
• RSI: 36
• MACD Histogram: -6
• Support Level: Rp 2,200
• Resistance Level: Rp 2,430

Analyst Recommendation

Based on the technical analysis by Korea Investment and Sekuritas Indonesia (KISI), the recommendation for BRIS is 'Buy on Weakness'. This strategy suggests that investors should consider purchasing BRIS at current or lower levels, anticipating a potential rebound.

Market Implications

The technical setup indicates that BRIS may be approaching a critical juncture. A breakout above the MA20 resistance at Rp 2,430 could confirm a trend reversal, potentially attracting further buying interest. Conversely, a break below the support level of Rp 2,200 would require re-evaluation of the bullish thesis.