Is Telkom Indonesia (Persero) Tbk PT -ADR (TLK) Stock About to Get Hot Friday?

Overall market sentiment has been high on Telkom Indonesia (Persero) Tbk PT -ADR (TLK) stock lately. TLK receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Telkom Indonesia (Persero) Tbk PT -ADR has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on TLK!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With TLK Stock Today?

Telkom Indonesia (Persero) Tbk PT -ADR (TLK) stock is trading at $25.50 as of 11:56 AM on Friday, Oct 1, an increase of $0.11, or 0.43% from the previous closing price of $25.39. Volume today is less active than usual. So far 105,035 shares have traded compared to average volume of 171,160 shares. The stock has traded between $25.41 and $25.55 so far today. To see InvestorsObserver's Sentiment Score for Telkom Indonesia (Persero) Tbk PT -ADR click here.

More About Telkom Indonesia (Persero) Tbk PT -ADR

PT Telkom Indonesia (Persero) Tbk is the largest integrated telecommunications provider in Indonesia. It is the principal provider of fixed-line services in Indonesia, and its 65%-owned subsidiary, Telkomsel, is the largest wireless carrier in the country, with about 48% market share. The company services about 70 million customers in the fixed-line and wireless markets, combined. Singapore Telecom, Singapore's leading telecommunications provider, owns the remaining 35% of Telkomsel. Click Here to get the full Stock Report for Telkom Indonesia (Persero) Tbk PT -ADR stock.