RSI Alert: PT Telekomunikasi Indonesia (TLK) Now Oversold
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 11 2025
0mins
Source: NASDAQ.COM
Stock Performance Overview: PT Telekomunikasi Indonesia TBK (TLK) shares have entered oversold territory with an RSI of 29.6, indicating potential exhaustion of recent selling pressure, as the stock traded as low as $14.16 per share.
52 Week Range Context: TLK's 52-week range shows a low of $14.16 and a high of $26.85, with the last trade recorded at $14.51, suggesting possible entry points for bullish investors.
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Analyst Views on TLK
About TLK
PT Telkom Indonesia (Persero) Tbk is an Indonesia-based telecommunication company. The Company is engaged in information and communication technology (ICT) services and telecommunications networks. Its segments include mobile, consumer, enterprise, wholesale and international business, and other. The mobile segment provides cellular services, including mobile voice, value-added services, mobile broadband, among others. The Consumer segment provides Indihome services and other telecommunication services to home customers. The wholesale and international business segment provides interconnection services, leased lines, satellite, small aperture terminal, broadband access, information technology services, data, and internet services to other licensed operator companies and institutions. The Other segment provides digital content products, big data, business-to-business commerce, and financial services to individual and corporate customers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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Notable Two Hundred Day Moving Average Cross - TLK
Stock Performance Overview: TLK's share price has a 52-week range with a low of $13.15 and a high of $21, currently trading at $16.75.
Market Analysis Disclaimer: The opinions expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.
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