Here’s Why PT Telekomunikasi Indonesia, Tbk (NYSE:TLK) Dropped -0.4%

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After completing its last trading session, PT Telekomunikasi Indonesia, Tbk (NYSE:TLK) dropped by -0.4% – here is what that looked like (as of 2019-12-26):

Why are these moves happning?? To grasp this action better, We ought to analyze some technical indicators. The most important ones are as follows:

A Money Flow Index (MFI) of 50.175, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.003, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.262, an Accumulation/Distribution Index (ADI) of 0.262, an On-Balance Volume (OBV) of 669.874, and a Chaiikin Money Flow (CMF) of 28.59. 22.0

Now let’s take all these indicators into account. According to Trading View, this is what it all means:

So there you have it – our analysis of PT Telekomunikasi Indonesia, Tbk (NYSE:TLK). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.