Buy Confidence: 49%
PTRO.JKConsider buying. 2 bullish signals support entry. Wait for pullback to support for better entry.
Entry Range
6.975 - 7.191
Target Price
8.319
+18.0%
Stop Loss
10.545
--49.6%
Risk/Reward Ratio 0.00 : 1
Analysis Factors
+ Wyckoff Phase
Markup Phase - Active uptrend, momentum in favor + RSI Momentum
RSI 27 - Oversold, potential bounce - Foreign Flow
Net foreign selling -10.4M shares - Risk/Reward
R:R 0.0:1 - Poor risk/reward Target Price
Rp 8.319
+18.0% potential
Cut Loss
Rp 10.545
--49.6% risk
Wyckoff Strength
70%
Signal confidence
Support / Resistance
6.975 / 7.350
Key levels
Analysis
Price in uptrend above moving averages. MA20 above MA50. Higher lows forming. Volume increasing on up moves. RSI not yet overbought, room to run.
Price Chart
Markup Phase Support: 6.975
Resistance: 7.350
Target: 8.319
Cut Loss: 10.544,8
Technical Indicators
RSI (14) Oversold
27,1
30 50 70
MFI (14) Neutral
34,3
20 50 80
MACD Bearish
Line: -802,73
Signal: -175,91
Histogram: -626,81
Moving Averages
MA20: 10.760
MA50: 10.423
MA200: N/A
Volume Ratio Normal
1,33x
vs 20-day average
Foreign Flow
Foreign Buy
748.99M
Foreign Sell
727.95M
Net Flow
+21.04M
Daily net foreign flow (Buy - Sell in shares)