- Price is above the Trend Line, keeping the weekly tape constructive.
- Price is above Fair Value, showing premium demand versus the model.
- Volume is elevated versus the 13-week average, confirming attention.
- Latest weekly return ranks in the strongest part of its sector group.
EMAS
JKT
Week ended 07 Aug 2026
Weekly Investor Report
PT Merdeka Gold Resources Tbk · Basic Materials · Gold
Latest close
7,475 IDR
13.3%
latest week
Weekly setup
Mixed setup
The weekly trend is not active. Price is 1.3% above the Trend Line and sits at 61.8% of its 52-week range. The latest completed week returned 13.3%, after a 34.1% four-week move. The latest news-sentiment score is 50/100.
Setup score
48
out of 100
Latest Close
7,475 IDR
7 Aug 2026
1W Return
13.3%
latest completed week
4W Return
34.1%
short-term follow-through
12W Return
-5.4%
quarterly tape
Trend Breadth
21.7%
10 of 46 weeks active
Volume Ratio
1.7x
vs 13-week average
- The trend backdrop is inactive, so price action has not confirmed a constructive regime.
- Activity pressure is negative, which weakens the current setup.
- Activity pressure is weak, so confirmation is not yet broad enough.
- The share remains more than 20% below its 52-week high.
- Trend Line remains the key weekly regime level.
- Activity pressure is the gauge to monitor for confirmation or fade.
- A volume ratio above 1.5x would show stronger participation in the next move.
Price follow-through
13.3%
Latest completed week; four-week move 34.1%.
Indicator stack
12/34
Trend and activity pressure are weighted against the latest 12-week confirmation window.
Trend backdrop
Active
The trend backdrop defines the current weekly regime.
Patient Capital
Quiet
Activity-pressure buy-signal status for institutional accumulation timing.
News sentiment
50/100
2 relevant articles in the latest sentiment read.
01 · Price action
Study the full chart
Where price is—and whether the trend supports it
The weekly trend is not active. Price is 1.3% above the Trend Line and sits at 61.8% of its 52-week range. The latest completed week returned 13.3%, after a 34.1% four-week move.
52-week price path
Price vs Trend Line and Fair Value
Price
Trend Line
Fair Value
02 · Volume and demand
Is real participation confirming the move?
Latest weekly volume is 1.7x the 13-week average. Participation is unusually strong and confirms that the move is attracting attention.
26-week volume confirmation
Bar height shows volume; colour shows the weekly price direction
13 Feb
20 Feb
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
19 Jun
26 Jun
3 Jul
10 Jul
17 Jul
24 Jul
31 Jul
7 Aug
Up week
Down week
Demand beneath price
Activity pressure and institutional-style signals
These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.
Activity pressure path
Latest 0.3612-week average 0.63
12-week confirmation
Trend active5/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure0/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.36Current proprietary activity-pressure read.
Buy signals0Accumulation signal count in the latest 12 weeks.
Reversal markers0No reversal markers
No recent accumulation markers. No reversal markers.
03 · Momentum and leadership
Is performance persistent—and is the stock leading?
Performance is 34.1% over four weeks, -5.4% over 12 weeks, and - over one year. The current trend has remained active for 0 consecutive weeks.
Performance by holding period
Active trend streak0 weeks
Active weeks in one year10
Trend breadth21.7%
Activity pressure vs relative leadership
Activity pressureRelative leadership
Pressure-1.00Latest activity-pressure read.
Pressure change23.3%Four-week change in activity pressure.
Leadership-Latest relative-leadership reading.
RS change-Four-week change in relative leadership.
04 · Fundamentals and valuation
Open full factor analysis
What investors are paying for—and the quality behind it
A published fundamentals and factor snapshot is not available for this company.
No published fundamental snapshot is available for this company.
05 · Ownership, options, and sentiment
What other market participants are doing
Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.
Insider activity-
No recent insider transactions are stored for this company.
News sentiment50/100
Weighted news tone is neutral across 2 relevant articles.
0 positive · 10 neutral · 0 negativePatient CapitalQuiet
Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal
06 · Catalysts and risk
What can move the shares—and how volatile the path has been
Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.
Next earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-26.5%Distance below the 52-week high.
13-week volatility7.8%Standard deviation of weekly returns.
Weekly gains and losses
Latest 26 completed weeksEach bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.
13 Feb
13 Mar
10 Apr
8 May
5 Jun
3 Jul
7 Aug
Weeks higher13 of 2613 weeks finished lower.
Best week+23.4%Week of 20 Mar.
Worst week-16.4%Week of 26 Jun.
Latest week+13.3%Week of 7 Aug.
Shape of recent returns
Strong gains11
Modest gains2
Flat weeks0
Modest losses4
Sharp losses9
Recent vol7.8%13-week weekly-return volatility.
Base vol10.4%52-week weekly-return volatility.
Up/down split23/22Count of positive and negative weeks in the 52-week window.
Average skew9.8% / -5.6%Average positive week versus average negative week.
07 · Sector and peer context
Is this stock leading—or simply moving with its group?
Sector and industry breadth distinguish company-specific strength from a broad group move.
SectorID Basic Materials
4-week rank7 / 83
Group average17.1%
Trend breadth14.5%
Trend14.5%active weekly trend signals
MD48.2%positive activity pressure
RS63.9%positive relative leadership
Four-week leaders
IndustryID Gold
4-week rank1 / 5
Group average19.8%
Trend breadth20.0%
Trend20.0%active weekly trend signals
MD40.0%positive activity pressure
RS80.0%positive relative leadership
Four-week leaders
08 · Evidence and weekly data
The underlying research record
Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.
Weekly tape39/100
Trend, activity pressure, participation, and risk combine to a 39/100 tape read.
Indicator analysis25/100Latest 12-week confirmation: trend 5/12, activity pressure 0/12, relative leadership 0/12.
Activity pressure 0.36; No reversal markers Factors50/100No published factor snapshot is available yet.
Patient CapitalQuietActivity-pressure buy-signal evidence highlights potential institutional accumulation windows.
No recent buy signal Sentiment50/100Weighted news tone is neutral across 2 relevant articles.
EMAS Forecast — Price Target — Prediction for 2027 Insiders50/100No recent insider transaction evidence is stored.
Earnings50/100No stored earnings event is currently attached to this ticker.
| Week | Close | Return | Trend Line | Fair Value | Pressure | Leadership | Volume | Trend |
|---|---|---|---|---|---|---|---|---|
| 7 Aug 2026 | 7,475 IDR | 13.3% | 7,379 IDR | 6,361 IDR | -1.00 | - | 124.6M | Off |
| 31 Jul 2026 | 6,600 IDR | 6.9% | 7,308 IDR | 6,336 IDR | -1.31 | - | 130.6M | Off |
| 24 Jul 2026 | 6,175 IDR | 7.9% | 7,276 IDR | 6,330 IDR | -1.39 | - | 131.5M | Off |
| 17 Jul 2026 | 5,725 IDR | 2.7% | 7,256 IDR | 6,334 IDR | -1.41 | - | 52.7M | Off |
| 10 Jul 2026 | 5,575 IDR | -5.9% | 7,240 IDR | 6,349 IDR | -1.31 | - | 35.1M | Off |
| 3 Jul 2026 | 5,925 IDR | -3.3% | 7,218 IDR | 6,367 IDR | -1.25 | - | 29.3M | Off |
| 26 Jun 2026 | 6,125 IDR | -16.4% | 7,142 IDR | 6,378 IDR | -1.17 | - | 59.5M | Off |
| 19 Jun 2026 | 7,325 IDR | 5.0% | 7,062 IDR | 6,385 IDR | -1.05 | - | 71.4M | On |
| 12 Jun 2026 | 6,975 IDR | -5.7% | 6,942 IDR | 6,360 IDR | -1.01 | - | 28.0M | On |
| 5 Jun 2026 | 7,400 IDR | -5.1% | 6,842 IDR | 6,344 IDR | -0.86 | - | 17.0M | On |
| 29 May 2026 | 7,800 IDR | 6.8% | 6,730 IDR | 6,314 IDR | -0.74 | - | 79.3M | On |
| 22 May 2026 | 7,300 IDR | -7.6% | 6,607 IDR | 6,272 IDR | -0.47 | - | 140.4M | On |
| 15 May 2026 | 7,900 IDR | 2.3% | 6,507 IDR | 6,242 IDR | -0.14 | - | 40.5M | On |
| 8 May 2026 | 7,725 IDR | -13.4% | 6,404 IDR | 6,191 IDR | 0.17 | - | 78.5M | On |
How to use this report
This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.