JAKARTA – The technical analysis from PT Ina Sekuritas Indonesia offers insights into the trend of PT Bank Central Asia Tbk (BBCA) shares, Friday (24/1).

BBCA’s profit growth is serving as a positive sentiment for its stock price movement. Based on the stochastic indicator, BBCA shares are in the oversold area and are moving within a short-term consolidation range.

BBCA is an Indonesia-based company primarily engaged in the banking sector.

The technical analysis of BBCA stock can be viewed in this video. (DK/ZH)

Chart: Bloomberg