Indonesia's IHSG is projected to weaken in trading on Wednesday, April 15, 2026, after a sharp 2.34% rise to 7,675.91. Binaartha Sekuritas analyst Ivan Rosanova warns of bearish divergence signals that could start a correction phase.
The IHSG closed higher in the previous session, up 2.34% at 7,675.91. Binaartha Sekuritas analyst Ivan Rosanova notes that the index has reached the 50% Fibonacci retracement from the last downtrend structure, potentially entering a downward trend.
"There is bearish divergence indication on the 5-minute chart that needs to be anticipated as a potential start of the correction phase in the near term," Ivan said in his daily research.
He sets support levels at 7,261, 7,015, and 6,838, with resistance at 7,677, 7,856, 8,000, and 8,111.
Despite the outlook, Ivan recommends stocks including AADI (buy on weakness at 9,300-9,450, target 12,000), ASII (buy 5,600-5,700, target 6,400), BBCA (buy 6,200-6,300, target 6,850), BBNI (hold, target 3,970), and ICBP (speculative buy 6,900-7,050, target 7,500).