BBCA

Markdown (D)

Bank Central Asia Tbk

Rp 7.400
+2.78% (+200)
Strong Sell Confidence: 99%
BBCA.JK

Exit recommended. 3 bearish signals with markdown phase indicate high risk. Preserve capital.

Consider reducing or exiting position. Stop loss at 7.990

Analysis Factors

- Wyckoff Phase
Markdown Phase - Active downtrend, avoid buying
~ RSI Momentum
RSI 37 - Weak momentum
- Foreign Flow
Net foreign selling -49.8M shares
- Risk/Reward
R:R 0.0:1 - Poor risk/reward
Downside Target
Rp 6.068
+18.0% potential
Stop Loss
Rp 7.990
-8.0% risk
Wyckoff Strength
70%
Signal confidence
Support / Resistance
7.030 / 7.475
Key levels

Analysis

Price in downtrend. Confirmed downtrend with MA20 below MA50. Lower highs forming. Volume increasing on down moves. MACD bearish.

Price Chart

Markdown Phase
Support: 7.030
Resistance: 7.475
Downside: 6.068
Stop Loss: 7.990,43

Technical Indicators

RSI (14) Neutral
37,2
30 50 70
MFI (14) Money Inflow
16,6
20 50 80
MACD Bearish
Line: -219,28
Signal: -149,63
Histogram: -69,66
Moving Averages
MA20: 7.834
MA50: 8.080
MA200: N/A
Volume Ratio High
1,96x
vs 20-day average

Foreign Flow

Foreign Buy
2.04B
Foreign Sell
2.20B
Net Flow
-152.79M
Daily net foreign flow (Buy - Sell in shares)

Wyckoff analysis for Indonesian stocks. Data from Yahoo Finance.