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PT. Chandra Asri Petrochemical Tbk

PTCAY•PNK
Basic Materials
Chemicals - Specialty
$30.50
$0.00(0.00%)
U.S. Market opens in 0h 31m

PT. Chandra Asri Petrochemical Tbk (PTCAY) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for PT. Chandra Asri Petrochemical Tbk (PNK:PTCAY).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

PTCAY Technical Analysis Summary

PT. Chandra Asri Petrochemical Tbk stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 20.89)
Trend Strength:Very Strong (ADX: 83.41)
Volatility:High (ATR: 1.81)
Support/Resistance:$19.23 – $71.53 (Bollinger Bands)

Technical conditions suggest PT. Chandra Asri Petrochemical Tbk is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 20.89

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 13.14

Bullish
Oversold zone signals rebound potential.

Williams %R: -91.30

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -45.54

Strongly Bearish
Sharp downside momentum.

Takeaway:PT. Chandra Asri Petrochemical Tbk shows oversold momentum, with rebound potential building.

Trend & Volatility

MACD: -7.12

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 83.41

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 1.81

Low
Low volatility, stable price action.

CCI (14): -54.04

Bearish
Bearish, momentum remains under pressure.

Takeaway:PT. Chandra Asri Petrochemical Tbk shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$71.53
Middle Band (SMA 20)
$45.38
Lower Band
$19.23
Current Position
Within Bands

Takeaway:PT. Chandra Asri Petrochemical Tbk trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$45.16
Middle Line (EMA 20)
$41.53
Lower Channel
$37.91
Squeeze Status
No Squeeze

Takeaway:PT. Chandra Asri Petrochemical Tbk trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume422.00
Money Flow Index58.72Neutral, balanced money flows with no clear signal.
Relative Vigor Index16.02Bearish, price momentum favors sellers.

Overall Takeaway:PTCAY shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of PT. Chandra Asri Petrochemical Tbk, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:PT. Chandra Asri Petrochemical Tbk shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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