{"ticker": {"uuid": "c3cf7426-58a7-4463-8028-0cedfea7fd90", "symbol": "MBMA", "name": "PT Merdeka Battery Materials Tbk.", "exchange": "JKT", "asset_type": "equity"}, "latest_week": "2026-06-12", "summary": "MBMA closed the latest completed week at 482.0 IDR. The 4-week return is -17.6% and the 12-week return is -31.1%. Trend Signal is inactive, Market Dynamics is -1.39.", "description": "PT Merdeka Battery Materials Tbk. engages in the mining and processing of nickel, cobalt, and other mineral deposits in Indonesia and China. It operates through Mining, Manufacturing, and Others segments. The company manufactures non-ferrous basic metals; and collects hazardous waste. It also engages in the limestone industry and quarrying; generation, transmission, distribution, and sale of electricity; electric power plant operation; gravel quarrying; holding company activities; management consulting activities; and support activities for other mining and quarrying. In addition, the company is involved in special telecommunications activities for its own purposes, as well as wholesale trade in forestry and hunting products; palm oil plantation and industrial park; and industry activities. The company was formerly known as PT Hamparan Logistik Nusantara. PT Merdeka Battery Materials Tbk. was founded in 2019 and is headquartered in Jakarta Selatan, Indonesia. PT Merdeka Battery Materials Tbk. operates as a subsidiary of PT Merdeka Energi Nusantara.", "setup_signature": "Risk-first tape", "composite_score": "31", "kpis": [{"label": "Latest Close", "value": "482.0 IDR", "hint": "2026-06-12"}, {"label": "1W Return", "value": "11.1%", "tone": "positive", "hint": "latest completed week"}, {"label": "4W Return", "value": "-17.6%", "tone": "negative", "hint": "short-term follow-through"}, {"label": "12W Return", "value": "-31.1%", "tone": "negative", "hint": "quarterly tape"}, {"label": "Trend Breadth", "value": "80.8%", "hint": "42 of 52 weeks active"}, {"label": "Volume Ratio", "value": "1.4x", "hint": "vs 13-week average"}], "classification": {"exchange": "JKT", "country": "ID", "sector": "Basic Materials", "industry": "Other Precious Metals & Mining", "currency": "IDR", "market_cap": "51621.8B"}, "price": {"trend_line": "641.5 IDR", "fair_value": "573.6 IDR", "vs_trend": "-24.9%", "vs_fair_value": "-16.0%", "high_52": "945.0 IDR", "low_52": "374.0 IDR", "drawdown": "-49.0%", "range_position": "18.9%"}, "momentum": {"returns": [{"label": "1W", "value": 11.059907834101383, "value_label": "11.1%", "tone": "positive", "width": 31.599736668861095}, {"label": "4W", "value": -17.60683760683761, "value_label": "-17.6%", "tone": "negative", "width": 50.305250305250304}, {"label": "12W", "value": -31.142857142857146, "value_label": "-31.1%", "tone": "negative", "width": 88.97959183673471}, {"label": "26W", "value": -9.906542056074766, "value_label": "-9.9%", "tone": "negative", "width": 28.304405874499334}, {"label": "52W", "value": 5.701754385964912, "value_label": "5.7%", "tone": "positive", "width": 16.290726817042607}], "trend_streak": 0, "active_weeks": 42, "active_breadth": "80.8%", "peer": {"scope": "ID Basic Materials", "count": 83, "rank": 22, "percentile": 74.39024390243902, "avg_weekly_return": 6.8363595164841975}}, "setup": {"scores": [{"label": "Trend", "value": 44.42307692307693, "value_label": "44", "width": 44.42307692307693, "tone": "neutral", "description": "Persistence of active Trend Signal over the last year and current streak."}, {"label": "Momentum", "value": 0, "value_label": "0", "width": 4, "tone": "negative", "description": "Blend of 4-week and 12-week follow-through."}, {"label": "Dynamics", "value": 23.68599322886434, "value_label": "24", "width": 23.68599322886434, "tone": "negative", "description": "Latest Market Dynamics and whether pressure has improved over four weeks."}, {"label": "Relative Strength", "value": 59.84492833873014, "value_label": "60", "width": 59.84492833873014, "tone": "neutral", "description": "Relative leadership and short-term RS change."}, {"label": "Volume", "value": 56.9383821103837, "value_label": "57", "width": 56.9383821103837, "tone": "neutral", "description": "Participation compared with the 13-week volume baseline."}, {"label": "Risk Control", "value": 0, "value_label": "0", "width": 4, "tone": "negative", "description": "Drawdown and recent weekly volatility pressure."}], "timeline": [{"week": "27 Feb", "return": 0.0, "return_label": "0.0%", "tone": "neutral", "trend": true, "buy_signal": false, "positive_md": true, "height": 4}, {"week": "6 Mar", "return": -16.374269005847953, "return_label": "-16.4%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 100}, {"week": "13 Mar", "return": -1.3986013986013985, "return_label": "-1.4%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 11.655011655011654}, {"week": "20 Mar", "return": -0.7092198581560284, "return_label": "-0.7%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 5.91016548463357}, {"week": "27 Mar", "return": -5.0, "return_label": "-5.0%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": false, "height": 41.66666666666667}, {"week": "3 Apr", "return": 9.774436090225564, "return_label": "9.8%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": false, "height": 81.45363408521304}, {"week": "10 Apr", "return": 2.054794520547945, "return_label": "2.1%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": false, "height": 17.123287671232877}, {"week": "17 Apr", "return": 1.342281879194631, "return_label": "1.3%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": false, "height": 11.185682326621924}, {"week": "24 Apr", "return": -12.582781456953644, "return_label": "-12.6%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": false, "height": 100}, {"week": "1 May", "return": 2.272727272727273, "return_label": "2.3%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": false, "height": 18.93939393939394}, {"week": "8 May", "return": -14.074074074074074, "return_label": "-14.1%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 100}, {"week": "15 May", "return": 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Raja Paksi Tbk", "exchange": "JKT", "url": "/terminal/3a51f55d-5dbc-4327-83c6-a820b20849e4/report/", "weekly_return": 3.546099290780142, "weekly_return_label": "3.5%", "weekly_return_tone": "positive", "four_week_return": 5.773593651324024, "four_week_return_label": "5.8%", "four_week_return_tone": "positive", "twelve_week_return": 7.917647643935457, "twelve_week_return_label": "7.9%", "twelve_week_return_tone": "positive", "trend_active": true, "positive_md": true, "positive_rs": true}, {"id": 49503, "symbol": "ALKA", "name": "PT Alakasa Industrindo Tbk", "exchange": "JKT", "url": "/terminal/c34a368a-16a6-4108-84a4-e9fbf37df690/report/", "weekly_return": -0.819672131147541, "weekly_return_label": "-0.8%", "weekly_return_tone": "negative", "four_week_return": 5.217391304347826, "four_week_return_label": "5.2%", "four_week_return_tone": "positive", "twelve_week_return": -23.89937106918239, "twelve_week_return_label": "-23.9%", "twelve_week_return_tone": "negative", "trend_active": true, "positive_md": false, "positive_rs": true}]}, "industry": {"scope": "ID Other Precious Metals & Mining", "count": 2, "avg_weekly_return": 7.961564859299932, "avg_four_week_return": -12.181797181797183, "avg_twelve_week_return": -28.31440913298365, "trend_breadth": 0.0, "positive_md_breadth": 0.0, "positive_rs_breadth": 50.0, "week_rank": 1, "four_week_rank": 2, "twelve_week_rank": 2, "top_peers": [{"id": 49515, "symbol": "AMMN", "name": "PT Amman Mineral Internasional Tbk", "exchange": "JKT", "url": "/terminal/1e4f8d3a-7c68-4d02-b42c-1ee0fbccd8bf/report/", "weekly_return": 4.86322188449848, "weekly_return_label": "4.9%", "weekly_return_tone": "positive", "four_week_return": -6.756756756756757, "four_week_return_label": "-6.8%", "four_week_return_tone": "negative", "twelve_week_return": -25.48596112311015, "twelve_week_return_label": "-25.5%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": false, "positive_rs": false}, {"id": 50471, "symbol": "MBMA", "name": "PT Merdeka Battery Materials Tbk.", "exchange": "JKT", "url": "/terminal/c3cf7426-58a7-4463-8028-0cedfea7fd90/report/", "weekly_return": 11.059907834101383, "weekly_return_label": "11.1%", "weekly_return_tone": "positive", "four_week_return": -17.60683760683761, "four_week_return_label": "-17.6%", "four_week_return_tone": "negative", "twelve_week_return": -31.142857142857146, "twelve_week_return_label": "-31.1%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": false, "positive_rs": true}]}}, "dynamics": {"market_dynamics": "-1.39", "market_dynamics_tone": "negative", "md_4_change": "-15.8%", "relative_strength": "5.12", "rs_4_change": "-69.1%", "expectation": "Undecided", "expectation_probability": "45.74%"}, "volume": {"latest": "1.1B", "average_13": "810.8M", "average_52": "1.4B", "ratio_13": "1.4x", "ratio_52": "0.8x"}, "risk": {"volatility_13": "8.4%", "volatility_52": "9.7%", "downside_weeks": 22, "upside_weeks": 28, "downside_breadth": 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