TLKM:IDXPT Telkom Indonesia (Persero) Tbk Class B Analysis

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk is priced at IDR 2,590.00, and its moving averages give no clean directional read — the structure is neutral. The last 30 days have lost 4.4%. RSI sits at 46.7, which reads as neutral, and MACD momentum is bearish. Watch IDR 2,550.00 as support and IDR 2,790.00 as the nearer resistance level.
The shares look undervalued, trading on 14.5 times earnings in line with a sector average of 16.1. Sell-side targets cluster 35.4% above the current quote. Revenue is growing at 6.4% on a 12.0% profit margin. The 8.55% dividend yield looks stretched against payout coverage.
Risk scores 5 out of 10, which is moderate for this asset class. With 30-day volatility of 28.1%, a beta of 0.08 and a maximum drawdown of 40.4%, position sizing matters here. The wider market backdrop reads extreme greed at 92 on the fear-greed composite.
Near-term and long-term part ways here — hold short-term against buy longer out, with 4/10 conviction on the long call.