JKT Equity Snapshot

EMAS Weekly Equity Report

PT Merdeka Gold Resources Tbk

Interactive chart JSON snapshot
Latest Close 6,975 IDR 12 Jun 2026
1W Return -5.7% latest completed week
4W Return -11.7% short-term follow-through
12W Return -26.6% quarterly tape
Trend Breadth 23.7% 9 of 38 weeks active
Volume Ratio 1.3x vs 13-week average
Company Brief

What the company does

PT Merdeka Gold Resources Tbk engages in gold mining and associated minerals, processing, and other related business activities in Indonesia. The company owns 100% interest in the Pani Gold Mine located on Mount Pani, Village Hulawa, Pohuwato Regency, Gorontalo Province, Sulawesi Island. The company was formerly known as PT Pani Bersama Jaya. PT Merdeka Gold Resources Tbk was founded in 2015 and is based in Jakarta Selatan, Indonesia. PT Merdeka Gold Resources Tbk operates as a subsidiary of PT Merdeka Copper Gold Tbk.

Snapshot

What the weekly tape is saying

EMAS closed the latest completed week at 6,975 IDR. The 4-week return is -11.7% and the 12-week return is -26.6%. Trend Signal is active, Market Dynamics is -0.68. Setup signature: Risk-first tape with a 25/100 composite read.

Trend Signal Active
Market Dynamics No fresh buy
Price vs Trend 0.5%
Volume 1.3x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 44 Persistence of active Trend Signal over the last year and current streak.
Momentum 0 Blend of 4-week and 12-week follow-through.
Dynamics 3 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 50 Relative leadership and short-term RS change.
Volume 54 Participation compared with the 13-week volume baseline.
Risk Control 0 Drawdown and recent weekly volatility pressure.

16-week signal tape

27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun
Weekly return bar Trend Signal dot Positive Market Dynamics dot
Price Action

Price, Trend Line, and Fair Value

Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.

52-week price path

Price Trend Line Fair Value

Price map

Trend Line
6,942 IDR
Vs Trend Line
0.5%
Fair Value
6,360 IDR
Vs Fair Value
9.7%
52W High
10,175 IDR
52W Low
3,100 IDR
Drawdown
-31.4%
Range Position
54.8%
Momentum

Returns and trend persistence

Return windows separate the latest week from short-term and medium-term follow-through.

Return windows

1W -5.7%
4W -11.7%
12W -26.6%
26W 41.8%
52W -

Trend read

Active Streak
9 weeks
52W Active Weeks
9
52W Active Breadth
23.7%
Sector Scope
ID Basic Materials
Sector Rank
79 of 83
Sector Percentile
4.9%
Peer Context

Sector and industry pulse

Peer breadth helps separate a stock-specific move from a broader group rotation.

Market Dynamics

Pressure, Relative Strength, and expectation

Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.

Dynamics path

Market Dynamics Relative Strength

Signal state

Market Dynamics
-0.68
4W MD Change
-430.6%
Relative Strength
-
4W RS Change
-
Expectation
Undecided
Probability
48.84%
Volume

Participation and confirmation

Volume tells us whether the latest weekly move is being confirmed by unusual participation.

52-week volume profile

Volume map

Latest Volume
136.8M
13W Average
107.1M
52W Average
184.9M
Vs 13W
1.3x
Vs 52W
0.7x
Risk Anatomy

Volatility, downside weeks, and return shape

A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.

26-week return distribution

Risk map

13W Volatility
9.3%
52W Volatility
10.8%
Upside Weeks
18
Downside Weeks
19
Downside Breadth
51.4%
Avg Gain / Loss
10.6% / -5.1%
Context

Classification, opportunities, risks, and watch points

Top-level read across company classification, constructive evidence, caution points, and the next things that matter.

Classification

Exchange
JKT
Country
ID
Sector
Basic Materials
Industry
Gold
Currency
IDR
Market Cap
114904.7B

Opportunity signals

  • Trend Signal is active with a 9-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Price is above Fair Value, showing premium demand versus the model.

Risk signals

  • Market Dynamics is negative, which weakens the current setup.
  • The share remains more than 20% below its 52-week high.
  • The latest week was a sharp negative move.
  • Latest weekly return ranks in the weaker part of its sector group.

Watch next

  • Trend Line remains the key weekly regime level.
  • Market Dynamics is the pressure gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Weekly Tape

Recent completed weeks

The latest weekly rows behind the report snapshot.

Week Close Return Trend Fair Value MD RS Volume Signal
12 Jun 2026 6,975 IDR -5.7% 6,942 IDR 6,360 IDR -0.68 - 136.8M On
5 Jun 2026 7,400 IDR -5.1% 6,842 IDR 6,344 IDR -0.69 - 95.0M On
29 May 2026 7,800 IDR 6.8% 6,730 IDR 6,314 IDR -0.67 - 79.3M On
22 May 2026 7,300 IDR -7.6% 6,607 IDR 6,272 IDR -0.43 - 140.4M On
15 May 2026 7,900 IDR 2.3% 6,507 IDR 6,242 IDR -0.13 - 40.5M On
8 May 2026 7,725 IDR -13.4% 6,404 IDR 6,191 IDR 0.19 - 78.5M On
1 May 2026 8,925 IDR -4.0% 6,290 IDR 6,143 IDR 0.44 - 67.1M On
24 Apr 2026 9,300 IDR 7.8% 6,144 IDR 6,054 IDR 0.49 - 102.4M On
17 Apr 2026 8,625 IDR 6.2% 5,946 IDR 5,946 IDR 0.49 - 113.5M On
10 Apr 2026 8,125 IDR -0.9% - 5,853 IDR 0.34 - 49.6M Off
3 Apr 2026 8,200 IDR -3.5% - 5,772 IDR - - 70.7M Off
27 Mar 2026 8,500 IDR -10.5% - 5,682 IDR - - 78.2M Off
20 Mar 2026 9,500 IDR 23.4% - 5,574 IDR - - 340.8M Off
13 Mar 2026 7,700 IDR -4.3% - 5,417 IDR - - 62.5M Off