MDKA:IDXPT Merdeka Copper Gold Tbk Analysis

At IDR 3,120.00, PT Merdeka Copper Gold Tbk shows no decisive moving-average alignment, leaving the trend neutral. Over a rolling month the price has gained 18.2%. With RSI at 65.9 the momentum picture is approaching overbought, alongside a bullish MACD signal. The recent range runs from support at IDR 2,550.00 up to resistance at IDR 3,180.00.
Valuation screens as overvalued, on a P/E of 1752.8 with no clean sector comparison available. Analyst price targets sit 24.9% above the current price. Revenue is growing at 23.5% on a -0.0% profit margin. The 0.42% dividend yield looks stretched against payout coverage.
The composite risk read is 7/10, putting it in elevated territory. With 30-day volatility of 41.2%, a beta of 0.90 and a maximum drawdown of 44.7%, position sizing matters more than entry timing here. The wider market backdrop reads extreme greed at 94 on the fear-greed composite.
The horizons line up on hold — conviction 3 out of 10.