JKT ยท EQUITY ยท ENHANCED MARKET DYNAMICS

ARNA

PT Arwana Citramulia Tbk

ID ยท Industrials ยท Building Products & Equipment

EMD SCORE68/100

CURRENT COMPLETED-WEEK READ

Constructive

The balance of evidence is supportive, with some confirmation still incomplete. Conditions are positive and have strengthened over the latest four completed weeks.

Constructive build100% directional agreement100% evidence confidence
Completed week
28 Aug 2026
Latest close
IDR 490.00
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

4 supportive ยท 0 cautious

Enhanced Market Dynamics and the price cycle156 completed weeks ยท bars use the left EMD axis; price uses the right axis.
25 Aug 2023โ€“28 Aug 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท IDR +100+500-50-100 685.25539.83394.42 25 Aug 2023 ยท EMD 32/100 ยท close 621.33 1 Sep 2023 ยท EMD 29/100 ยท close 601.15 8 Sep 2023 ยท EMD 36/100 ยท close 617.29 15 Sep 2023 ยท EMD 30/100 ยท close 609.22 22 Sep 2023 ยท EMD 33/100 ยท close 625.36 29 Sep 2023 ยท EMD 35/100 ยท close 621.33 6 Oct 2023 ยท EMD 30/100 ยท close 597.12 13 Oct 2023 ยท EMD 26/100 ยท close 576.95 20 Oct 2023 ยท EMD 25/100 ยท close 552.74 27 Oct 2023 ยท EMD 28/100 ยท close 536.60 3 Nov 2023 ยท EMD 30/100 ยท close 532.57 10 Nov 2023 ยท EMD 29/100 ยท close 544.67 17 Nov 2023 ยท EMD 34/100 ยท close 564.84 24 Nov 2023 ยท EMD 31/100 ยท close 560.81 1 Dec 2023 ยท EMD 27/100 ยท close 532.57 8 Dec 2023 ยท EMD 29/100 ยท close 524.50 15 Dec 2023 ยท EMD 30/100 ยท close 528.53 22 Dec 2023 ยท EMD 33/100 ยท close 528.53 29 Dec 2023 ยท EMD 35/100 ยท close 536.60 5 Jan 2024 ยท EMD 34/100 ยท close 540.64 12 Jan 2024 ยท EMD 46/100 ยท close 585.02 19 Jan 2024 ยท EMD 42/100 ยท close 580.98 26 Jan 2024 ยท EMD 42/100 ยท close 552.74 2 Feb 2024 ยท EMD 43/100 ยท close 548.70 9 Feb 2024 ยท EMD 41/100 ยท close 544.67 16 Feb 2024 ยท EMD 43/100 ยท close 556.77 23 Feb 2024 ยท EMD 42/100 ยท close 540.64 1 Mar 2024 ยท EMD 50/100 ยท close 572.91 8 Mar 2024 ยท EMD 49/100 ยท close 572.91 15 Mar 2024 ยท EMD 49/100 ยท close 568.88 22 Mar 2024 ยท EMD 54/100 ยท close 572.91 29 Mar 2024 ยท EMD 50/100 ยท close 564.84 5 Apr 2024 ยท EMD 63/100 ยท close 601.15 19 Apr 2024 ยท EMD 57/100 ยท close 583.81 26 Apr 2024 ยท EMD 55/100 ยท close 558.06 3 May 2024 ยท EMD 58/100 ยท close 558.06 10 May 2024 ยท EMD 60/100 ยท close 570.94 17 May 2024 ยท EMD 59/100 ยท close 570.94 24 May 2024 ยท EMD 58/100 ยท close 562.35 31 May 2024 ยท EMD 59/100 ยท close 553.77 7 Jun 2024 ยท EMD 40/100 ยท close 523.72 14 Jun 2024 ยท EMD 39/100 ยท close 510.84 21 Jun 2024 ยท EMD 33/100 ยท close 493.67 28 Jun 2024 ยท EMD 30/100 ยท close 485.08 5 Jul 2024 ยท EMD 40/100 ยท close 523.72 12 Jul 2024 ยท EMD 59/100 ยท close 596.69 19 Jul 2024 ยท EMD 64/100 ยท close 613.86 26 Jul 2024 ยท EMD 66/100 ยท close 605.28 2 Aug 2024 ยท EMD 79/100 ยท close 631.04 9 Aug 2024 ยท EMD 69/100 ยท close 609.57 16 Aug 2024 ยท EMD 64/100 ยท close 596.69 23 Aug 2024 ยท EMD 70/100 ยท close 600.99 30 Aug 2024 ยท EMD 66/100 ยท close 596.69 6 Sep 2024 ยท EMD 58/100 ยท close 575.23 13 Sep 2024 ยท EMD 62/100 ยท close 579.52 20 Sep 2024 ยท EMD 63/100 ยท close 588.11 27 Sep 2024 ยท EMD 63/100 ยท close 583.81 4 Oct 2024 ยท EMD 64/100 ยท close 588.11 11 Oct 2024 ยท EMD 68/100 ยท close 592.40 18 Oct 2024 ยท EMD 84/100 ยท close 652.50 25 Oct 2024 ยท EMD 88/100 ยท close 669.67 1 Nov 2024 ยท EMD 77/100 ยท close 656.79 8 Nov 2024 ยท EMD 83/100 ยท close 648.21 15 Nov 2024 ยท EMD 84/100 ยท close 648.21 22 Nov 2024 ยท EMD 77/100 ยท close 635.33 29 Nov 2024 ยท EMD 78/100 ยท close 635.33 6 Dec 2024 ยท EMD 74/100 ยท close 626.74 13 Dec 2024 ยท EMD 67/100 ยท close 613.86 20 Dec 2024 ยท EMD 64/100 ยท close 600.99 27 Dec 2024 ยท EMD 60/100 ยท close 592.40 3 Jan 2025 ยท EMD 57/100 ยท close 592.40 10 Jan 2025 ยท EMD 39/100 ยท close 545.18 17 Jan 2025 ยท EMD 40/100 ยท close 532.30 24 Jan 2025 ยท EMD 36/100 ยท close 532.30 31 Jan 2025 ยท EMD 35/100 ยท close 528.01 7 Feb 2025 ยท EMD 33/100 ยท close 506.55 14 Feb 2025 ยท EMD 34/100 ยท close 497.96 21 Feb 2025 ยท EMD 48/100 ยท close 553.77 28 Feb 2025 ยท EMD 42/100 ยท close 532.30 7 Mar 2025 ยท EMD 44/100 ยท close 540.89 14 Mar 2025 ยท EMD 42/100 ยท close 528.01 21 Mar 2025 ยท EMD 46/100 ยท close 536.59 28 Mar 2025 ยท EMD 52/100 ยท close 579.52 11 Apr 2025 ยท EMD 50/100 ยท close 553.77 18 Apr 2025 ยท EMD 50/100 ยท close 564.22 25 Apr 2025 ยท EMD 45/100 ยท close 541.28 2 May 2025 ยท EMD 53/100 ยท close 559.63 9 May 2025 ยท EMD 54/100 ยท close 568.81 16 May 2025 ยท EMD 50/100 ยท close 568.81 23 May 2025 ยท EMD 52/100 ยท close 568.81 30 May 2025 ยท EMD 53/100 ยท close 568.81 6 Jun 2025 ยท EMD 47/100 ยท close 550.46 13 Jun 2025 ยท EMD 49/100 ยท close 550.46 20 Jun 2025 ยท EMD 48/100 ยท close 541.28 27 Jun 2025 ยท EMD 46/100 ยท close 536.70 4 Jul 2025 ยท EMD 45/100 ยท close 541.28 11 Jul 2025 ยท EMD 44/100 ยท close 541.28 18 Jul 2025 ยท EMD 43/100 ยท close 541.28 25 Jul 2025 ยท EMD 42/100 ยท close 536.70 1 Aug 2025 ยท EMD 36/100 ยท close 527.52 8 Aug 2025 ยท EMD 40/100 ยท close 532.11 15 Aug 2025 ยท EMD 36/100 ยท close 522.94 22 Aug 2025 ยท EMD 41/100 ยท close 527.52 29 Aug 2025 ยท EMD 42/100 ยท close 527.52 5 Sep 2025 ยท EMD 42/100 ยท close 522.94 12 Sep 2025 ยท EMD 31/100 ยท close 504.59 19 Sep 2025 ยท EMD 34/100 ยท close 509.17 26 Sep 2025 ยท EMD 26/100 ยท close 495.41 3 Oct 2025 ยท EMD 29/100 ยท close 486.24 10 Oct 2025 ยท EMD 34/100 ยท close 481.65 17 Oct 2025 ยท EMD 31/100 ยท close 486.24 24 Oct 2025 ยท EMD 35/100 ยท close 486.24 31 Oct 2025 ยท EMD 42/100 ยท close 504.59 7 Nov 2025 ยท EMD 39/100 ยท close 504.59 14 Nov 2025 ยท EMD 43/100 ยท close 513.76 21 Nov 2025 ยท EMD 36/100 ยท close 500.00 28 Nov 2025 ยท EMD 39/100 ยท close 490.83 5 Dec 2025 ยท EMD 37/100 ยท close 490.83 12 Dec 2025 ยท EMD 40/100 ยท close 490.83 19 Dec 2025 ยท EMD 39/100 ยท close 490.83 26 Dec 2025 ยท EMD 37/100 ยท close 481.65 2 Jan 2026 ยท EMD 43/100 ยท close 490.83 9 Jan 2026 ยท EMD 39/100 ยท close 481.65 16 Jan 2026 ยท EMD 38/100 ยท close 486.24 23 Jan 2026 ยท EMD 41/100 ยท close 490.83 30 Jan 2026 ยท EMD 42/100 ยท close 477.06 6 Feb 2026 ยท EMD 46/100 ยท close 490.83 13 Feb 2026 ยท EMD 41/100 ยท close 486.24 20 Feb 2026 ยท EMD 47/100 ยท close 500.00 27 Feb 2026 ยท EMD 45/100 ยท close 490.83 6 Mar 2026 ยท EMD 44/100 ยท close 472.48 13 Mar 2026 ยท EMD 50/100 ยท close 477.06 20 Mar 2026 ยท EMD 46/100 ยท close 472.48 27 Mar 2026 ยท EMD 43/100 ยท close 467.89 3 Apr 2026 ยท EMD 52/100 ยท close 486.24 10 Apr 2026 ยท EMD 53/100 ยท close 490.83 17 Apr 2026 ยท EMD 68/100 ยท close 510.00 24 Apr 2026 ยท EMD 58/100 ยท close 496.00 1 May 2026 ยท EMD 62/100 ยท close 494.00 8 May 2026 ยท EMD 64/100 ยท close 494.00 15 May 2026 ยท EMD 53/100 ยท close 474.00 22 May 2026 ยท EMD 49/100 ยท close 452.00 29 May 2026 ยท EMD 47/100 ยท close 446.00 5 Jun 2026 ยท EMD 44/100 ยท close 410.00 12 Jun 2026 ยท EMD 41/100 ยท close 418.00 19 Jun 2026 ยท EMD 43/100 ยท close 430.00 26 Jun 2026 ยท EMD 47/100 ยท close 444.00 3 Jul 2026 ยท EMD 49/100 ยท close 450.00 10 Jul 2026 ยท EMD 51/100 ยท close 462.00 17 Jul 2026 ยท EMD 51/100 ยท close 462.00 24 Jul 2026 ยท EMD 57/100 ยท close 484.00 31 Jul 2026 ยท EMD 64/100 ยท close 490.00 7 Aug 2026 ยท EMD 69/100 ยท close 500.00 14 Aug 2026 ยท EMD 65/100 ยท close 498.00 21 Aug 2026 ยท EMD 61/100 ยท close 490.00 28 Aug 2026 ยท EMD 68/100 ยท close 490.00 13 Dec 2024 ยท Down-cycle confirmed ยท close 613.86 26 Jun 2026 ยท Up-cycle confirmed ยท close 444.00 25 Aug 202328 Feb 202528 Aug 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 19%Current EMD +36.64-week EMD change +9.2156-week price range IDR 410.00โ€“669.67

THE FULL PRICE CYCLE

Follow the journey from one zone to the other

Each state uses completed-week information available at that point.

01

Lower zone

Price establishes residence near the bottom of its long-cycle range. Improving EMD separates early repair from continued deterioration.

02

Upward journey

Price leaves the lower zone while EMD confirms improving participation. The objective is the broader move toward the upper zone, not a short weekly trade.

03

Upper zone

Price establishes residence near the top of its long-cycle range. This is the profit-harvest area, with EMD watched for exhaustion and loss of support.

04

Downward journey

Price leaves the upper zone while EMD weakens. The reverse cycle remains active until lower-zone residence is confirmed again.

CURRENT READINGS

What the latest week shows

Completed-week values

01

Underlying pressure

91/1001.12

Strengthening beneath price
4-week change +1.07

02

Trend and deviation

45/100+3.3% vs Trend Line

Price structure is below its trend baseline
Trend gate inactive

03

Momentum and SMI

66/1004w +0.0% ยท 13w +9.9%

Momentum is supportive
SMI 0.35

04

Price-volume pressure

50/10050% constructive pressure

Volume is confirming the close
Volume ratio 2.27x

05

Relative leadership

92/10014.67

Leadership is supportive
4-week change -6.42

06

Modeled Trend

66/100Modeled Trend 0.20

Modeled Trend is supportive
Smoothed Modeled Trend 0.33

Evidence context